When considering a remodel that affects multiple spaces within a home, such as a kitchen and bathroom, it is most cost-effective to embark upon a whole home remodel. Whether completed all at once or broken up into multiple phases (if you need to remain in the home during construction) working with a design/build remodeling company will provide you with the expertise necessary to achieve the most cohesive design for your home. However, just like home additions, whole home remodels can vary drastically in cost due five key aspects. Keep reading to explore the key costs and considerations of a whole home remodel in Snohomish County.
What is the Cost of a Whole Home Remodel in Everett, Lake Stevens, Marysville, and Mill Creek, WA?
Cost is a tricky one, since there is no one-size-fits all answer. However, because most whole home remodels include the kitchen and at least one bathroom, nailing down those costs can help provide a general starting point for what a whole home remodel will cost. The reality is these are the rooms in a home where people tend to spend the most time, and also the rooms that provide the most ROI down the road.
One way to determine the amount worth investing in your whole home remodel is to multiply your home’s current value by 25% for a kitchen remodel and 10% for a bathroom remodel. When you add those two numbers together, the result will give you a realistic starting point for your whole home remodel. For example, if your home is valued at $900,000 then you are likely looking at a whole home remodel starting around $315,000. Download our FREE Remodeling Cost Guide to learn more about all the considerations and costs of remodeling your Snohomish County home.
While this may prove helpful in giving you a very general idea of cost, the following five aspects are key considerations when remodeling a whole home in Snohomish County:
The size and scope of your whole home remodel is a major factor in determining the cost. The location, the size of the rooms, and what selections you choose all play into the scope of work, and the subsequent fixed investment price. Many people assume that remodels are based on square footage alone, however, that is not the case. For example, kitchens and bathrooms may be smaller but they require appliances, plumbing and electrical features which require substantial investment, and more so if those items are moving to new locations.
Watcher beware. The magic of TV makes structural changes look very easy but removing walls or adding additional square footage (e.g., bumping out a wall to create more space in your remodeled kitchen) requires a structural engineer and added time, money and resources.
Finishes and Selections
Depending on the type of finishes you select, your project investment price could vary greatly. When selecting products, work with your remodeler to discuss pros and cons. The good news is there is a product for every design aesthetic and every budget. Also think about what life will look like for you 5, 10, 20 years from now. Consider:
- Family dynamics and how they will expand or contract
- How you want to address changes to your family’s physical capabilities over time
- Technology and the role it plays in your everyday life
- Needs versus wants; wants versus desires
Age and Condition of Your Home
The age and condition of your home must be also considered. If your home was built in 1930 and has not had any updating done to it (or even if it has), chances are good that there will be significant internal system upgrades needed in order to bring it up to code (think plumbing, electrical, framing, etc.) You may have heard it stated before that you should never overbuild a home, and that guiding principle still applies, even in today's market where housing prices are still outpacing inflation. If your home is valued between 1 - 2 million, then an $100k - $200k bathroom renovation is realistic, however, if your home is valued at $500k that level of a bathroom remodel would be too much.
Craftsmanship & Quality
Like other areas of life, you get what you pay for—a high-quality craftsman and custom workmanship will cost more. The expert team of designers, project managers and trade partners at VanderBeken Remodel can provide you with the quality you are looking for along with a superior client experience.
What is the ROI of a Whole Home Remodel in Everett, Lake Stevens, Marysville, and Mill Creek, WA?
If you have lived in your home for 15+ years, chances are very good that your whole home is in need of a remodel. Home Appraiser John Bredemeyer, a former spokesman for the Appraisal Institute, a trade association recommends “If a kitchen is from the 1940s, 1960s, or even the 1970s, a well-budgeted renovation makes financial sense."
As Remodeling Magazine discussed in their recent article, “How Valuable Is That Remodeling Project?” project costs have risen consistently since 2014, with a sharp increases in costs in the last two year brought on by supply-chain disruptions largely created by the pandemic. Mirroring the increase in costs, the value-over-cost ratio as a percentage has steadily declined over the same period, with the sharpest decline in 2021—down 3.6%. It’s worth noting however that despite the sharp cost increases for building materials in 2021, the decline in overall ROI in the 2022 report was a modest 1.2%, confirming the resiliency of robust remodeling markets amid economic concerns and supply-chain challenges.
Curious what projects fare best from a ROI perspective? Check out the 2022 Cost vs. Value Report© recently released by Remodeling Magazine which declared: 59.3% - 77.9% of costs in kitchen remodels and 59.5% - 67.5% of costs in bathroom remodels in the Pacific Northwest can be recouped at the time of resale. Additionally, the enjoyment factor of a whole home remodel for the current homeowner has immediate impact. Consider the following post-remodel homeowner responses from the 2022 Remodeling Impact Report:
- 84% of owners have a greater desire to be in their home
- 69% have increased enjoyment in their home and experience a major sense of accomplishment when they think of their completed project
- 57% feel happy
Working with a Premier Design/Build Company for Your Whole Home Remodel in Snohomish County
Finding a remodeling company that you “click” with is well worth your time investment on the front end of a project as large as a whole home remodel. We believe that the design/build approach to remodeling provides the homeowner with the best of both worlds: quality design and construction services, all within the same company. As a design/build remodeling company, VanderBeken Remodel can see your project through from start to finish, keeping design, engineering and budget in mind throughout the entire project duration. If obstacles pop up during construction (and they often do) working with a talented team of architects, designers and project managers like those at VanderBeken Remodel, will ensure your whole home remodel stays on track while you receive a superior client experience. Learn more about the VanderBeken Remodel process for your whole home remodel and don't forget to download our FREE Cost Guide for Remodeling your Snohomish County Home.
We get it, you are busy, and honestly we are too. Schedule a time for an introductory call and one of our team members will give you a call at a time that works best for your schedule. Typically the call will last 15-20 minutes. During this call we will try and answer your questions as well as gather information about your unique project, such as the location of your home, the length of time in your home and the aspects of your space(s) that are not working for you.