The Best Home Renovation Contractors of 2022 (2023)

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Photo: istockphoto.com

With the per square foot cost of houses on the upswing, being able to afford a new house is beyond the financial scope of many current homeowners who would like to move up. The next best thing is often remodeling an existing home to update it and make it more attractive and comfortable. Renovating a home consists of a wide array of projects, from remodeling a nursery to create a preteen bedroom to repurposing an adjacent bedroom to create an upscale en suite.

Often, the homeowner has a general idea of the look and design they’re going for but cannot visualize the finished project, usually due to a lack of construction knowledge. That’s where the best home renovation contractors come in—they have the ability to turn a homeowner’s ideas into reality while staying within the scope of local building codes and budget. Ahead, learn what to look for when selecting a renovation contractor, and find out why the following companies earned a spot on this lineup.

  1. BEST OVERALL: Mr. Handyman
  2. RUNNER-UP: Contractors Inc
  3. BEST FOR RESTORATION: Belfor Property Restoration
  4. BEST FOR KITCHENS: Granite and TREND Transformations
  5. BEST FOR BATHROOMS: Re-Bath
  6. BEST FOR EXTERIORS: Power Home Remodeling Group
  7. ALSO CONSIDER: The Home Depot

Photo: istockphoto.com

What to Consider When Choosing One of the Best Home Renovation Contractors

Home updates are exciting, but they can also be anxiety inducing when homeowners have to choose a renovation contractor they can trust to do a quality job. This is one area where it pays to do some research and reference checking. The general rule of thumb is to get estimates from three licensed contractors and compare them side by side. Still, there are other important considerations, such as where the contractor is located, the type of warranty the company offers, and whether the contractor can keep the project within budget. Choosing a contractor with a stellar reputation can help avoid a lot of construction nightmares.

Contractor’s Coverage Area

In general, it’s best to hire a contractor that is based nearby. A local contractor will know the local building codes and have no problem pulling the necessary permits. Unfortunately, for those living in small communities or rural areas, it’s not always possible to find a local contractor, particularly if specialized services such as bathtub membrane recoating are desired.

General home remodeling contractors typically have a coverage area that allows them to reach their clients within an hour or so of their home base. Specialty contractors will often have a more comprehensive coverage area because they serve a niche that general contractors don’t.

Searching online for “remodeling companies near me” will turn up a plethora of options from which to choose. When hiring a contractor that’s more than an hour’s drive away, the main consideration to be aware of is the addition of a travel charge, which can add substantially to the cost of the project if the contractor and crew need several days, or weeks, to complete the project.

Budget and Extent of Renovation

Before talking to any contractor, decide on a budget for the project. A small project, such as having a room repainted or having old wallpaper stripped and installing new wallpaper, will be less expensive than adding an addition to a house or gutting the kitchen and then installing a brand-new one, complete with new cabinets, top-of-the-line appliances, and quartz countertops.

Homeowners can find many online renovation and remodeling calculators that will give them a good ballpark idea of the cost of their desired project. Still, in the end, the final cost will depend on what a contractor is willing to do the job for, the going rate of labor in a community, and the quality of the materials chosen. By establishing a firm budget in advance, it’s less likely to be tempted to exceed it.

Warranties

Warranties vary by location and by the individual contractor, but most of the time, a company will offer a minimum 1-year guarantee on their workmanship. This means if there’s a problem, such as a leaking sink drain due to faulty installation, the contractor will come back and fix it within a year of the project’s completion.

Additionally, contractors linked to manufacturers, such as contractors who install a specific brand of fiber-cement siding, will often warranty the workmanship for 1 year as well as the material itself against factory defects.

When the contractor has no link to the material, the homeowner will likely have to pursue a warranty for a factory defect from a product’s manufacturer. An example would be a case where the homeowner purchases a jetted bathtub and then hires a contractor to install it. If the tub’s motor conks out a month after installation, the contractor who installed it is not on the hook for repairing it. Instead, the homeowner needs to contact the tub’s manufacturer to see what type of product warranty is involved.

Subcontractors

The work and quality of a general contractor is only as good as the subcontractors who work for the company. For some homeowners, it’s concerning if a general remodeling contractor subs out various aspects of the project, such as plumbing, wiring, and insulating, to subcontractors. Subcontractors often work with many general contractors, so the project may slow down if a subcontractor has to complete another job before starting a new project.

For this reason, on a project where a large general contractor personally employs framers, electricians, and plumbers, the project timeline will often go smoother, but that doesn’t mean it’s always a bad idea to hire a contractor who uses subs. Many subcontractors perform high-quality work. If subs will be on the job, the homeowner should check the references of the general contractor and the references of the subs who will be involved.

Licensure and Credentials

Licensing laws vary by state and individual community, so the homeowner should first consult the local building authority to determine which credentials are required in the community. If the contractor is licensed with a state or local board, the homeowner can often check to see if the contractor has any outstanding complaints and if the company is insured and bonded.

Training and certification may be required to install specific materials, such as spray foam insulation, which requires a certified expert trained to use the equipment necessary to install the foam. The homeowner can often check with the company to see if the installer is in good standing.

Financing

Small, local contractors will often require payment for the project upon completion, but national renovation companies and service providers that operate out of franchises may offer financing. Alternatively, homeowners can often secure a home equity loan through a local lender for home renovations if the lender determines the updates will increase the home’s value and sales appeal. This will depend not only on the type of project but also on the homeowner’s credit rating, how long they’ve lived in the community, and whether they already have a high debt-to-income ratio.

If a contractor offers to finance, the terms will be spelled out in a home renovation contract. They will include the interest rate charged by the contractor, the payment period length and number of payments, and whether the homeowner can pay off the debt early without penalty.

Customer Feedback

A couple of decades ago, homeowners had only one option for finding out how satisfied others were with a specific contractor—they had to request a list of recent clients from the contractor and then contact them. This is often still a good idea in small communities, but today, more and more contractors have a web presence, and many allow past clients to post comments and feedback. Of course, the contractor may choose only to post complimentary feedback, so if no complaints appear, the homeowner may still want to get a list of recent clients and consult them.

Our Top Picks

We researched and vetted dozens of contractors that offer nationwide renovation and remodeling services for this lineup. The following contractors were selected based on service coverage area—some are nationwide, while others service large geographic regions—whether they offer warranties, and whether the companies also offer financing.

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Best Overall

The Best Home Renovation Contractors of 2022 (3)

Photo: mrhandyman.com

Why It Made the Cut: This large-scale contractor offers renovation services nationwide and provides whole-house remodeling plus project financing, earning them a top spot in the lineup.

Homeowners often ask, “Can I find quality remodeling contractors near me?” With Mr. Handyman, the answer is yes. Mr. Handyman has numerous branches across the nation, and homeowners can search by ZIP code to find the nearest one.

This large contractor offers remodeling services for the entire home, including but not limited to basement remodels, attic conversions, bedroom and kitchen redos, and updating the house to accommodate mobility-challenged residents. Mr. Handyman doesn’t subcontract work, so the project is controlled by a central entity, and all workers are licensed and insured. This company stands behind its work and promises to “make it right” if any service was not done correctly.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Whole house
  • Warranty: 1 year on labor
  • Subcontractors used: No
  • Financing offered: Yes

Pros

  • Process transparency from scheduling to payment provides a worry-free experience
  • Each professional is knowledgeable with an average of 10 years’ experience
  • The Mr. Handyman Done Right Promise ensures that customers are satisfied with the completed job

Cons

  • Price quotes may be higher than average

Runner-Up

The Best Home Renovation Contractors of 2022 (4)

Photo: contractorsinc.com

Why It Made the Cut: No project is too big for the renovators at Contractors Inc, which has multiple locations across the Southeast and Midwest, and they offer a full line of construction services.

Those looking for a single contractor to complete a large or complex project need look no further. Contractors Inc is associated with Crane Renovation Group, and this family-owned company has plenty of financial backing, making it possible for them to take on high-end renovation projects. With a wide array of services, ranging from complete interior and exterior renovations to smaller projects, such as bathroom, kitchen, or flooring makeovers, Contractors Inc has something for everyone.

The company also provides specialized services, including framing, trim carpentry, painting, hanging drywall, and demolition. Contractors Inc will also tackle commercial projects, such as apartment renovations, and they designate a single project manager on each project, so management is centralized, and things run smoothly.

Specs

  • Service area: Southeast and Midwest U.S.
  • Rooms offered: Whole house
  • Warranty: Unknown
  • Subcontractors used: Unknown
  • Financing offered: Unknown

Pros

  • Members of the Crisis Over Program receive priority response during a catastrophe
  • A single project manager guides projects from estimate through project completion

Cons

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  • Locations limited to Southeast and Midwest

Best for Restoration

The Best Home Renovation Contractors of 2022 (5)

Photo: belfor.com

Why It Made the Cut: Not all renovation projects are designed to update a home—some are necessary to repair homes damaged by storms and other natural disasters, and Belfor Property Restoration is ready to help homeowners reconstruct their homes.

Restoring a home damaged by fire, flooding, or high winds requires a contractor that’s knowledgeable in reconstruction practices, including complete mechanical and electrical removal and reinstallation, site containment, and structural integrity. The contractor must be completely comfortable rebuilding the damaged property while keeping a focus on site safety.

Belfor Property Restoration has contractors nationwide standing by, ready to help homeowners with the partial or complete rebuilding of their homes. They’re also qualified to take on historic renovations and reconstructions. Navigating the insurance claim process after a home is damaged can be difficult for the average homeowner, but Belfor works closely with both insurance companies and adjusters to help the homeowner get claims settled quickly so the reconstruction work can begin.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Whole house
  • Warranty: Unknown
  • Subcontractors used: Yes
  • Financing offered: Unknown

Pros

  • Contractors specialize in reconstruction after natural disasters
  • Additional services such as mold remediation and gutter cleaning are offered
  • Storm and catastrophe preparation services available

Cons

  • Limited services available for homes already in good condition

Best for Kitchens

The Best Home Renovation Contractors of 2022 (6)

Photo: granitetransformations.com

Why It Made the Cut: Nothing updates the look and feel of a home as quickly as having a kitchen makeover, and Granite and TREND Transformations is all about transforming kitchens and bathrooms from drab to dramatic.

Granite and TREND Transformations is a nationwide company that specializes in kitchen and bathroom renovations. The company is dedicated to using eco-friendly techniques and products. Granite and TREND Transformations completes projects using minimal demolition, which means faster timelines and less mess.

The company offers an extensive line of quartz, granite, and recycled glass-engineered countertops that are resistant to heat, stains, and scratches. For homeowners who like their current kitchen or bathroom layout but don’t care for the dated cabinets, Granite and TREND Transformations offers cabinet refacing that makes the cabinets look brand new. They also specialize in high-end bathroom renovations, including the installation of artistic mosaic walls and showers.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Bathrooms and kitchens
  • Warranty: Limited lifetime on products
  • Subcontractors used: Yes
  • Financing offered: Yes

Pros

  • Technicians specialize in granite countertop installation
  • Practices and products are certified for eco-friendliness standards by the U.S. Green Building Council and the National Science Foundation

Cons

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  • Product selection is limited to Granite and TREND Transformations’ offerings

Best for Bathrooms

The Best Home Renovation Contractors of 2022 (7)

Photo: rebath.com

Why It Made the Cut: This nationwide renovation company provides all the services necessary to transform dated bathrooms into fresh new focal points in the home.

Re-Bath, a company specializing in total bathroom renovations, offers clients a full line of services, starting with an in-home consultation and advice from a design expert who knows how to make the best of the bathroom space available. Re-Bath contractors are licensed and work as a team to expedite the project.

In addition to standard bathroom renovations, Re-Bath offers tub-to-shower conversions, shower-to-tub conversions, and compliance with Americans with Disabilities Act provisions to incorporate the best bathing facilities for mobility-challenged family members. They incorporate universal design principles that allow aging residents to stay in their homes longer rather than moving to long-term care facilities. Re-Bath stands behind their work and their products.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Bathroom
  • Warranty: 1 year on labor, lifetime on products
  • Subcontractors used: No
  • Financing offered: Yes

Pros

  • Contractors specialize in bathroom remodeling
  • Dedicated line of aging-in-place and accessibility products
  • Lifetime warranty on products

Cons

  • Product options limited to Re-Bath-approved selections

Best for Exteriors

The Best Home Renovation Contractors of 2022 (8)

Photo: powerhrg.com

Why It Made the Cut: With a focus on updating exteriors to increase a home’s value while boosting energy efficiency, Power Home Remodeling Group, a nationwide renovation contractor, looks to help homeowners lower their utility bills.

Power Home Remodeling Group (PHRG) works with homeowners to replace old, inefficient windows with energy-efficient models in a wide variety of styles, including double-hung, casement, garden windows, and more. The company has branches across the country that offer additional exterior-renovation services, such as door and siding replacement, reroofing, and even bringing a home up to code by adding insulation. The range of services varies from one branch to another.

The company hires proven specialists with a strong preference for employing veterans from the armed forces as it values their sense of service and dedication. PHRG stands behind its workmanship and partners with expert craftsmen around the country to provide high-quality service while emphasizing eco-friendly methods.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Exterior
  • Warranty: Lifetime labor
  • Subcontractors used: No
  • Financing offered: Yes

Pros

  • Contractors use environmentally conscious practices like recycling and reusing materials
  • Lifetime labor warranty provided
  • Extensive online gallery for ideas and inspiration

Cons

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  • Website is not user-friendly
  • Website does not offer extensive information on services provided

Also Consider

The Best Home Renovation Contractors of 2022 (9)

Photo: homedepot.com

Why It Made the Cut: The Home Depot is a well-known home-improvement retailer that provides renovation services nationwide; plus they offer financing on specific projects.

Everyone knows they can purchase a wide range of appliances and construction materials at The Home Depot. Still, not everyone knows the company also provides renovation services at many of its nationwide locations.

For homeowners looking to update virtually any aspect of their homes, The Home Depot stands ready to sell the materials necessary to do so and provides the installation services. The company partners with qualified local contractors to perform interior and exterior painting, install smart-home networks, install universal design fixtures for the elderly and mobility challenged, and many more projects. It stands behind the workmanship and helps clients design the right look for their homes.

Specs

  • Service area: U.S. (Nationwide)
  • Rooms offered: Whole house
  • Warranty: 1 year on labor
  • Subcontractors used: Varies by project
  • Financing offered: Yes

Pros

  • “A la carte” service selection from minor installations to larger remodels
  • Contractors can install custom or off-the-shelf products from The Home Depot

Cons

  • Some services are contracted out to other local professionals, meaning homeowners cannot always vet who they hired
  • Not all Home Depot locations offer renovation services

Our Verdict

Good contractors can be found in every community. Still, for exceptional nationwide services, the top picks in this lineup are Mr. Handyman, with its extensive coverage area and financing options, and the runner-up, Contractors Inc, a company that takes on whole-house projects, including big-ticket, luxury, and commercial projects.

How We Chose the Best Home Renovation Contractors

To qualify for this lineup of the best renovation contractors, a construction company had to have a broad base of operation and show a history of dedication to quality workmanship and customer service. It also had to demonstrate expertise in its range of services. Homeowners typically ask for help locating “remodelers near me,” so the companies needed to have multiple branches.

We also awarded points for companies that offered project financing. In some cases, homeowners need repairs or renovations in order to make the home salable or livable. However, not everyone has the cash set aside to pay for large renovation projects, so company financing is a perk.

Before You Hire One of the Best Home Renovation Contractors

While these renovation contractors are highly successful and offer services over a large geographic area, they might not be suitable in all situations. If none of these contractors service a specific region, the next best option is to use tried-and-true methods to find a contractor in the general vicinity. Among the best ways to locate contractors is through a local lender. By asking for a list of the best “remodeling companies near me,” the lender can put together a list of the companies with the best reputations.

In addition, if the homeowner will have the project financed by taking out a home equity loan on their house, the lender will be interested in making sure they hire a contractor that will improve the home’s value.

Cost of Hiring One of the Best Home Renovation Contractors

Renovation projects vary widely in cost, but in general, they range from about $18,052 to $76,416, with a national average of about $46,792 for a whole-house project. However, the final cost will depend on many things, such as project size, the going price of labor in the community, whether a company has to travel more than an hour to reach the home, and more. At the low end, small projects can run as little as $3,400, while high-end or luxury renovations can top $150,000.

The quality of materials chosen will also impact the overall price charged by the contractor—quartz countertops are more expensive than preformed laminate, and selecting pricey appliances and fixtures can significantly increase the final tally.

The Advantages of Using One of the Best Home Renovation Contractors

By choosing reputable renovation contractors, homeowners have the best shot at getting quality work. A good contractor will stay on top of the project and see it through from the initial design stage to completion. The best home renovation contractors will be fully insured, so the homeowner is covered in the event something is damaged or a worker is injured while on the job.

Acting as one’s own general contractor for a renovation job isn’t for the faint of heart. Sure, homeowners can save a few bucks if they wear the hat of a general contractor, but it might end up being more trouble than it’s worth because finding quality subcontractors, scheduling them, pulling permits (if necessary), and ordering materials can quickly become overwhelming. Reputable contractors come with some distinct advantages.

  • A single project manager oversees the whole job.
  • The homeowner receives a warranty on workmanship.
  • The contractor performs call-back visits if small aspects are missed.

FAQs

Renovating a home or part of a home can be a pricey proposition, and it can disturb a family’s way of life for days or weeks. Still, it’s generally the way homeowners update their properties and increase their home’s value. Those who are just starting to think about hiring a renovation contractor will likely have a few questions.

Q. How much do renovation contractors charge?

That varies, depending on project size, the quality of the materials and fixtures, and the going rate of labor. In general, most homeowners pay in the neighborhood of $46,792 for a whole-house renovation. When contacting a company, be sure to ask, “Does the company offer home remodeling near me?” The less time the contractor and crew have to spend traveling to the location, the lower the final cost.

Q: How long does it take for a home renovation contractor to renovate a house?

It could take a few days if the renovations are minimal or it could take weeks or even months to complete complex renovations.

Q. Do home renovation contractors offer free estimates?

Most home renovation contractors will provide homeowners with free estimates. Be aware, however, that an estimate is just a ballpark figure. The final cost may vary.

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Q. Do home renovation contractors prepare multiple renovation plans?

It depends on the size of the company and the scope of its services. Some renovation contractors only offer plans for specific home areas, such as the kitchen or bathroom, while others will prepare plans for whole-house remodeling.

Q. Do home renovation contractors sign a contract before work begins?

Almost always. A contract protects both the client and the contractor if problems happen down the line, such as desired materials going out of stock, a need for change orders, or personality conflicts.

Q. What’s the best way to find home remodeling contractors near me?

Consider one of the contractors in the above lineup, or ask for referrals from friends, real estate agents, and lenders. Do some due diligence, research the company, ask for a firm bid, and make sure everyone is on the same page before signing on the dotted line.

FAQs

What cost the most when renovating a house? ›

Repairs and updates to kitchens, bathrooms, or mechanical equipment are costlier home renovations. A kitchen renovation averages $25,000, but a bathroom is $10,000. Basements usually cost around $20,000. Other factors like permits and labor, site preparation, and materials also influence the price.

Who is the largest home improvement company? ›

The Home Depot is the largest retailer of home improvement products in the world. The Home Depot is the largest retailer of home improvement products in the world. It has more than 2,200 stores in the United States, Canada, and Mexico.

What renovation adds the most value? ›

Projects That Boost Your Home's Value
  • Boost the bathrooms. ...
  • Remodel the attic or basement. ...
  • Get decked out. ...
  • Boost curb appeal. ...
  • Improve energy efficiency. ...
  • Swimming Pools. ...
  • Luxury Upgrades. ...
  • Garage Conversions. Converting garages can add square footage to your home's living area, but most buyers want garages.

What is the most common home renovation? ›

Kitchen Remodeling

The kitchen is the heart of the home, and it's also one of the most popular—and expensive—renovations a homeowner can undertake.

Should I wait to renovate my house 2022? ›

There's a major shortage of common building materials, and that shortage has led to an uptick in pricing. Things are so bad that even paint costs are on the rise. You may want to put off your next home improvement project until 2022. Doing so could end up saving you a bunch of money.

How much does a kitchen remodel increase home value 2022? ›

The average ROI for a kitchen remodel in 2022 is around 71 percent. However, that percentage can vary significantly based on the number of upgrades made and the remodel cost. A kitchen renovation that costs around $15,000 to $45,000 can translate to an ROI of 81 percent.

Who is the top home improvement retailer? ›

Ace Hardware ranks highest in customer satisfaction among home improvement retailers for the 15th time in 16 years, with a score of 869.

What is the most popular home improvement store? ›

The Home Depot and Lowe's dominate the U.S. market, with retail sales dwarfing those of Ace Hardware and Menards. On the other hand, Ace Hardware was the market leader in terms of number of hardware and home improvement retail stores in operation in the country.

What adds the most value to a home 2022? ›

Below are ten home improvement projects with the highest return on investment in 2022.
  • Landscaping. Curb appeal says a lot about your home. ...
  • Updated Kitchen Appliances. ...
  • New Front Door. ...
  • Windows. ...
  • Flooring. ...
  • Bathroom Remodel. ...
  • A Fresh Coat of Paint. ...
  • Garage Door Replacements.
10 Feb 2022

What renovations do not add value? ›

  • 6 House Improvements To Avoid. ...
  • A Swimming Pool Or Hot Tub. ...
  • Elaborate Professional Landscaping. ...
  • Garage Conversion. ...
  • Unique Wallpaper. ...
  • Sunrooms. ...
  • Bedroom Conversion. ...
  • 4 Renovation Projects To Increase Home Value.
12 Sept 2022

How much should I spend on a home renovation? ›

Typically, you can expect to spend at least $10 to $60 per square foot on any renovation. When you're deciding on your home renovation budget, it can be easier, and more affordable, to prioritize projects by room and build a budget around the cost of each individual project.

What order do you renovate a house? ›

Generally, most renovations will follow this order of work:
  1. Strip out and removal.
  2. Structural work – floors, ceilings, walls.
  3. First fix work – plumbing, heating wiring.
  4. Plastering, flooring.
  5. Second fix work – plumbing, heating, wiring.
  6. Bathroom, kitchen fit-out.
  7. Decoration.
19 Aug 2021

What is the most popular home remodeling projects? ›

The Most Popular Home Improvement Projects in America
  • Water Heaters. 5/12. ...
  • Roofing. 6/12. ...
  • Landscaping and Irrigation. 7/12. ...
  • Air Conditioning. 8/12. ...
  • Minor Bathroom Remodels. 9/12. ...
  • Electrical Wiring and Safety Features. 10/12. ...
  • Fencing and Walls. 11/12. ...
  • Built-In Heating. 12/12.

Is it a good time to renovate a house? ›

That said, if you have the vision, patience and budget, it's a great time to take on a renovation, since a renovation can so elevate the value of a home for today's buyers. “This is the perfect time to tackle a renovation.

Are home renovations slowing down? ›

The center's Leading Indicator of Remodeling Activity predicts homeowner improvement and repair spending will grow 17.4% this year to $431 billion. That will slow to 10.1% by the second quarter of next year, with total 2023 spending estimated at $446 billion.

Will remodeling costs go down in 2023? ›

According to the Joint Center's Leading Indicator of Remodeling Activity (LIRA), released this summer, year-over-year gains in remodeling expenditures to owner-occupied homes are projected to decelerate from 17.4% in 2022 to 10.1% by the second quarter of 2023.

How do I save money to renovate? ›

7 cost-saving tips for renovating on a tight budget
  1. Pay professionals for the important jobs. ...
  2. Set up a working bee for the easy jobs. ...
  3. Get some DIY lessons. ...
  4. Shop at auctions and online for bargains. ...
  5. Look into renovations that can bring long-term savings. ...
  6. Prepare to be creative with your fittings.

How do I modernize my home in 2022? ›

Easy Ways to Update Your House in 2022
  1. Upgrade Fixtures and Appliances. Many older homes still have brass or gold hardware. ...
  2. Refresh Walls, Flooring, and Countertops. Wallpaper is making a comeback. ...
  3. Design a consistent color scheme and flowy layout. ...
  4. Improve Interior Lighting.

How much does a bathroom remodel increase home value 2022? ›

In 2022, the study reports, the average full bathroom remodel costs $26,574, for which homeowners can expect a return on investment upon resale of roughly 60 percent — about $15,944. In all 50 states, an average bathroom makeover increased a home's resale value by more than enough to pay for the renovation.

Is it more expensive to remodel a kitchen or bathroom? ›

A midrange minor kitchen remodel costs an average of $26,214, and you'll recoup approximately 72.2% of the costs, according to the 2021 Cost vs. Value Report. Conversely, a midrange bathroom remodel costs roughly $24,424, and you'll recoup around 60.1% of the costs.

Is Ace Hardware owned by Home Depot? ›

Mom and Pop Stores

In the last few years, I've rediscovered the joys of the simple hardware store—i.e., Ace Hardware. These independently owned stores are fiercely local. They are the antithesis of The Home Depot at a time when everything that The Home Depot stands for signifies evil.

Is Ace bigger than Home Depot? ›

Home Depot has 2,284 stores in North America, while Ace Hardware has 4,418 stores, most of which are independently owned and operated. However, Home Depot stores are typically much larger than Ace Hardware stores.

Who owns Homedepot? ›

MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States.
...
The Home Depot.
The Home Depot corporate headquarters in Atlanta, Georgia
Net incomeUS$16.43 billion (2021)
Total assetsUS$71.88 billion (2021)
Total equityUS$−1.7 billion (2021)
17 more rows

Is Lowes more expensive than Home Depot? ›

When all costs are averaged out, the price of shopping at Lowe's vs. Home Depot is essentially the same. Lowe's and Home Depot stores engage in competitive pricing, so it is common to find similar popular items priced within pennies of each other.

Who is Lowe's biggest competitor? ›

As the world's first and second-largest home improvement retailers, Home Depot and Lowe's share many similarities. They compete for a shared customer base across the U.S. and Canada.

What is alternative to Home Depot? ›

The Home Depot's competitors and similar companies include Berkshire Hathaway, Lowe's, Walmart and Amazon. The Home Depot is a home improvement specialty retailer.

Who is the largest home improvement retailer in the United States? ›

Today, The Home Depot is the world's largest home improvement retailer with approximately 500,000 orange-blooded associates and 2,300 stores in the U.S., Canada and Mexico.

Who owns Ace Hardware? ›

ACE Hardware is an affiliate of the SM Group of Companies.

What is the largest hardware chain in the US? ›

Ace Hardware Locations

The state with the most number of stores is in California (358), Florida (269), and Texas (223). Ace Hardware is the world's largest hardware retail cooperative, and the biggest non-grocery American retail cooperative.

Does a bathroom renovation increase home value? ›

It sure does! On average, homeowners spend just over $20,000 on a midrange bathroom renovation project, and nearly $65,000 on an upscale bathroom renovation project. At resale, midrange renovations recoup 67.2% of their costs, while upscale renovations recoup 60.2%.

Do Ceiling fans increase value of home? ›

Add Ceiling Fans

Ceiling fans come in a wide range of prices depending on the size, style, and ​quality of ceiling fan. Adding ceiling fans to rooms like bedrooms, the living room, or family room will add value to your home immediately.

What puts value on a house? ›

Maximum value will be added by improving the main living spaces, such as the kitchen, dining and living area and the way in which they work together. Before removing walls, work out which are loadbearing by checking the direction of the floor joists as these should always rest on structural walls.

What decreases the value of a home? ›

Your property value is often out of your control. Changes in the real estate market can lower the value of your home. Natural disasters and climate change can lower your property value because the property is a greater risk to purchase. Foreclosures in your neighborhood can also drive down property value.

What increases property value? ›

Making your house more efficient, adding square footage, upgrading the kitchen or bath and installing smart-home technology can help increase its value.

What adds more value bedroom or bathroom? ›

Bathroom additions have twice the resale value of a new bedroom. Bathroom additions have twice the resale value of a new bedroom.

What comes first in a home renovation? ›

Renovate Your Kitchen First

Homeowners often want to know in what order they should renovate a house. It's best to start with the kitchen because these remodels add significant value to your home.

Is 50k enough to renovate a house? ›

While $10,000 is the average spent by new homebuyers to fix up properties, it's an extremely tight number to do extensive renovations with. A more realistic budget would be around $50,000 – this allows you to do more than make changes in only one space.

How long does it take to do a full house renovation? ›

In general, smaller whole house remodels will take somewhere around 7 to 10 months to complete from discovery to the end of construction, if all goes well. Larger whole house remodels will typically take around 9 to 15 months; longer if there are issues with city permits or other unforeseen delays.

Should you renovate inside or outside first? ›

Do all of the foundational and exterior work first. It's natural to want to move on to the next phase of your project, but ensure the house is sound before you begin interior work. That means replacing windows and putting on a new roof if needed.

What order should I renovate my kitchen? ›

  1. Tear Out and Demolition. The first step of any kitchen remodel is tear out and demolition. ...
  2. Rough-In Work Including Framing and Plumbing. ...
  3. Professional Inspection. ...
  4. Finishing the Walls. ...
  5. Install Doors and Windows. ...
  6. Time for Cabinets and Plumbing Fixtures. ...
  7. Bring in New Appliances. ...
  8. Install New Flooring.
16 May 2019

What should I know before renovating? ›

The top five things to consider before renovating
  • Decide what you want out of your renovation. Are you renovating to flip or are your intentions more long-term? ...
  • Realistically assess your budget. ...
  • Consult the experts. ...
  • Get the timing right. ...
  • Picture all the elements of a room before you start.
11 Mar 2016

What are types of home improvement? ›

Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property (i.e. garden work or garage maintenance/additions).

Why is Home Improvement important? ›

Remodeling improvements can help make your home the blissful paradise it's supposed to be. Improvements such as replacement windows and siding can make your home feel less drafty, and they can also protect your home from intruders and weather-related damage.

Should I wait to renovate my house 2022? ›

There's a major shortage of common building materials, and that shortage has led to an uptick in pricing. Things are so bad that even paint costs are on the rise. You may want to put off your next home improvement project until 2022. Doing so could end up saving you a bunch of money.

What month is the best to renovate a house? ›

Summer. Summer is the most popular time of year to renovate. Folks emerge from the holiday season ready to start planning, and therefore construction starts a few months later during June, July and August.

Is it cheaper to do renovations in the winter? ›

“When business slows, contractors may decrease their prices a bit to keep their crews busy,” says Katherine Jones of Sweeten, a service that matches consumers to the best contractors in the business. Because there a fewer projects to be had in winter, you're more likely to score a discount from a contractor.

How much should you spend on a home renovation? ›

Typically, you can expect to spend at least $10 to $60 per square foot on any renovation. When you're deciding on your home renovation budget, it can be easier, and more affordable, to prioritize projects by room and build a budget around the cost of each individual project.

How much does it cost to fully renovate a house UK? ›

On average, it would cost you £77,000 to complete a total renovation of a 3 bedroom house to a good quality. This amount is looking at a complete renovation from top-to-bottom and includes upgrading heating, gas, wiring and more.

How do you budget for a renovation? ›

How much to budget for a renovation. Homeowners should be budgeting at least 20% over the estimated cost of the renovation. Sit down with your contractor, be realistic about your budget, and set a contingency line item for 20% of the projected costs.

How much is it to renovate a house UK? ›

From £5,000 to £15,000 for the full services required for an extension and house refurbishment. You can also use a percentage estimate to get a feel for architect's fees, which usually range for 5% - 15% of your total project costs. This is the rule of thumb we used for our house renovation and it worked out.

What comes first in a home renovation? ›

Renovate Your Kitchen First

Homeowners often want to know in what order they should renovate a house. It's best to start with the kitchen because these remodels add significant value to your home.

Is $50000 enough to renovate a house? ›

While $10,000 is the average spent by new homebuyers to fix up properties, it's an extremely tight number to do extensive renovations with. A more realistic budget would be around $50,000 – this allows you to do more than make changes in only one space.

What home upgrades are worth it? ›

10 Must-Have Home Upgrades That Are Actually Worth It
  • Zero-Threshold Showers.
  • Cool Roofing.
  • Kitchen Countertops.
  • Updated Garage Doors.
  • Radiant-Heat Flooring.
  • Automatic Bathroom Vent Fans.
  • Tankless Water Heater.
  • Decks and Patios.
29 Aug 2022

How long does renovating a house take? ›

In general, smaller whole house remodels will take somewhere around 7 to 10 months to complete from discovery to the end of construction, if all goes well. Larger whole house remodels will typically take around 9 to 15 months; longer if there are issues with city permits or other unforeseen delays.

How much does it cost to renovate an old house? ›

Entire Home Renovation Costs

The Irish Times quote €1,000 and €1,500 per square metre for an existing house – and €3,000 to €4,000 for new build work. “A rule of thumb is you should expect to spend between €1,000 to €15,00 per square metre to renovate an existing house.

How much does it cost to renovate a kitchen UK? ›

Most kitchen renovations fall between £5,000 and £14,000 all in. However, this can greatly increase depending on the size of the kitchen, the style of the units and worktops, and a couple of other factors.

Is it cheaper to remodel or build new? ›

As a rule of thumb, renovations are often less expensive than building new.

Should I pay cash for home improvements? ›

Cash. Using cash is the most straightforward option to pay for home renovations. You will not increase your overall debt and you will not pay fees on a loan, much less interest.

How much does it cost to remodel a bathroom? ›

R60,000 – R120,000 for an average-sized mid-range bathroom renovation using mid-range materials and fittings. R120,000+ for a high-end, premium or luxury bathroom renovation using top-of-the-range materials and fittings.

How do I Modernise my house on a budget UK? ›

Top Tips for House Renovation on a Budget
  1. Property renovation can be costly and all too often enthusiastic DIY'ers overspend. ...
  2. Do a paint job. ...
  3. Replace light fittings. ...
  4. Replace the kitchen work surface. ...
  5. Fake Flooring. ...
  6. Re-jig the Layout. ...
  7. Strip Floorboards. ...
  8. Get natural light in.

How much does it cost to change the layout of a house UK? ›

Architect Costs for a Renovation

For extensive renovations including substantial changes to layouts, significant structural works, re-plumbing, re-wiring and full redecoration, we recommend allowing at least £10,000 for architectural fees.

Can a mortgage include renovation costs UK? ›

Can a mortgage include renovation costs in the UK? Yes - as we've explained above, it is possible to increase your borrowing in order to cover the costs of renovations, but the key thing to consider is that you'll need enough equity in your home for your lender to feel comfortable.

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