AUGUST 2024

Home Remodeling Costs: Why You Can’t Trust Online Estimates

Thinking about remodeling your home? Then you may have some questions about costs. From design consultations to materials and permits, things can add up in a hurry. That’s why many people turn to home remodeling cost estimates online.

But here’s the problem: those online cost estimates are just clickbait, and they’re rarely accurate. That’s because when it comes to custom remodeling, each project is unique. The costs for your remodel will depend on factors like square footage, existing conditions, budget constraints, and your particular needs for the space. There’s simply no one-size-fits-all solution for estimating remodeling costs.

So if online estimates aren’t helpful, how can you start realistically planning for your remodeling project? That’s what we’ll tackle in this blog post.

Why Online Estimates Fall Short

Online estimates might seem like a quick and easy way to get a handle on your remodeling costs, but the truth is they often miss the mark by a wide margin. Here’s why:

Lack of personalized details

Every home is different, and so is every remodeling project. Online calculators can’t account for the unique details of your home—like the quirky architecture that gives your house its charm or the custom features you’ve been dreaming of. These tools use generic data that might apply to some homes but rarely match the specifics of yours.

hidden Costs

Many online estimates only scratch the surface of what a remodeling project truly costs. They might cover the basics like materials and labor, but what about permits, design fees, or the unexpected surprises that always seem to pop up during renovations? These tools rarely account for the full scope of a project, leaving you with an estimate that can be thousands of dollars off the mark. And let’s be honest—nobody likes surprises, especially when it comes to their budget.

Regional Variations

It's pretty obvious that remodeling a kitchen in a New York City brownstone is going to cost more than doing the same project in a quiet Kansas suburb. But this is something that many online estimates ignore entirely. Online calculators often use national averages, which can be misleading if you’re not factoring in the typical cost of labor and materials in your local market. While online estimates might give you a rough idea of what to expect, they’re no substitute for a personalized, professional assessment.

Factors that influence remodeling costs

There’s so much that goes into a home remodeling project. Let’s break down some of the main factors that can drive up—or help manage—your remodeling budget.

Project Scope and Complexity

Everything about your remodeling budget will flow from your project scope. Are you just doing a simple bathroom update? Or are you tearing down walls to create an open-concept kitchen and living space? The more complex the project, the more it will cost. In addition to the extra materials, labor, and time required by larger projects, the complexity of the work—like rerouting plumbing or electrical systems—can significantly increase the price tag.

Material choices

This one is pretty straightforward. A marble countertop with a waterfall edge is going to be more expensive than a simple slab of affordable quartz. The same goes for flooring, fixtures, and finishes. While it’s tempting to go for the high-end options across the board, mixing in more affordable materials where it makes sense can help keep your budget in check without sacrificing style.

Labor Costs

The cost of labor is another major factor to consider. But keeping costs down isn’t simply a matter of finding the contractor with the lowest quote. Highly skilled contractors might charge more, but their expertise can actually save you money in the long run by avoiding pricey mistakes and ensuring quality work. And as we mentioned above, labor costs are one of the factors that can vary depending on where you live. Hiring a contractor in a big city like Seattle might be pricier than in a smaller town or suburb, where the cost of living—and doing business—is lower.

Design and customization

If you’re looking for a truly custom remodel, be prepared to invest more. Unique design elements, custom cabinetry, and specialized finishes can all add up. The trade-off is that these personalized touches can also add significant value to your home, making them a worthwhile investment. Ultimately, it’s up to you to decide where you need the flexibility of a custom remodel versus where a more ready-made solution can sufficiently meet your needs.

How to Get a More Accurate Estimate

If online estimates aren’t giving you the clarity you need, don’t worry—there are better ways to get a handle on your remodeling budget. Here are a couple of ways you can get a more accurate picture of what your project will really cost.

Consult a Professional

One of the most reliable ways to get a solid estimate is to talk to a professional. A skilled contractor or remodeling expert won’t just throw out some number based on vague, aggregated data (we’re looking at you, online estimates). They’ll take the time to get to know you and understand your needs. They’ll also consider factors that online estimates often miss, like the condition of your existing structure, local building codes, and the complexity of the work involved. Plus, they can offer smart advice on where you might be able to save money without compromising on quality and still achieve your project goals. This sort of personalized touch can make all the difference.

At Crescent Builds, we have a thorough process we take every client through to make sure we’re aligned on project needs and potential costs. We’ll share more about that below.

Create a Detailed Project Plan

Have you ever tried to build a piece of IKEA furniture without the manual? If you have, you probably know all too well the pain that comes when you don’t have a detailed plan in place before starting on a project.

That’s why it’s so important to have a clear vision of what you want your new space to look and function like before you start your remodel. This means knowing exactly what you want in terms of layout, materials, finishes, and more. The more detailed your plan, the more precise your estimate will be — and the fewer surprises you’ll encounter along the way.

Having a detailed plan can also help you prioritize your needs versus your wants. This way, you can make informed decisions if you need to adjust your budget as your project progresses.

Schedule a Site Visit

While research and forecasting are crucial, nothing tops having a seasoned professional see your space in person. A site visit allows them to evaluate every detail of your home, including spotting any potential challenges and getting a more complete sense of the project’s scope. This on-the-ground assessment is something that an online calculator simply can’t replicate. During the visit, be sure to discuss any concerns you have, and don’t be afraid to ask questions. The more information you share, the more accurate your estimate will be. And if your contractor is reluctant or unable to provide solid answers to your questions, don’t hesitate to walk away. It’s your home. You should only work with people you feel you can trust.

The Crescent Builds Process

As a remodeling contractor, we hate unexpected problems just as much as you do, and we want your project to run as smoothly as possible. That’s why we take all of our clients through a thorough planning and development process at the beginning of every project. Here’s what that looks like.

Initial Phone Call

It all starts with a simple phone call. Once you reach out to us to inquire about the remodeling project you have in mind, we start with some general questions to see if we’re a good fit. Because an honest, trusting relationship is key to successfully completing your project. We’ll also ask some initial questions about your needs and project goals.

Onsite Meeting

Next, we’ll come out to your home and meet in person and see the spaces where you want to have work done. This also gives us the chance to have deeper conversations about what you’re hoping to accomplish with your remodel.

Feasibility Study

With the phone call and onsite meeting done, we’ll take everything we learned back to our office and put together a sales proposal and feasibility study for your specific project. These documents will capture the required scope for your project, including how long it will take, what the design process will look like, what permits you might need, and other necessary steps to get us to the production phase. This feasibility study is also generally accompanied by a budget review, where we’ll provide estimates for the total project cost and more detailed items like design costs and sales tax.

Time to get to work!

Once we move into development, we’ll create a range of options for designs and schematics, all at different price points within your estimated total project cost. Throughout development, we’ll refer back to the sales proposal and feasibility study to make sure we stay on track and within budget.

Let’s Build your dream space together

Whether you’ve already hammered out a detailed project plan or you’re just starting to dream about your remodel, save yourself some hassle and skip the online estimates. Reach out to us today, and we’ll gladly answer any questions you might have about your project or our remodeling process.

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A SEATTLE GUIDE TO SECOND-STORY AND BUMP-OUT ADDITIONS

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HOW TO CHOOSE THE RIGHT REMODELING CONTRACTOR FOR YOUR PROJECT