Knowing Your Home Improvement Costs

Knowing your home improvement costs is essential to any home improvement project. When looking to make home improvements, be sure you sit down and create a budget. After setting your budget, walk through your home and make a list of what you may need such as paint or wall paper, plaster to patch the walls, or outlets and plates for electrical sockets and fixtures. You can then walk through a hardware store to get your pricing. Some of the most overlooked, but common, home improvements consist of a new roof, windows and siding for your home.

 

Roof

At some point, you will have to replace a roof and it is important to be prepared. Depending on the climate you live in, a roof may need to be replaced anywhere from every 7 to 25 years. Asphalt shingles are the least expensive and the most common used. The cost range typically runs $50 to $150 per square, which doesn't include removal of old shingles. Removal typically adds $30 to $60 per square foot. It is also important to ask the contractor what their estimate includes in order for you to budget. Metal or concrete roofs are also used which can cost anywhere from $115 to $650 per square foot. Ceramic tiles are unique, costing $275 to $500 per installed square foot. Another option is slate, which is the most costly roofing material because it requires special skill to install, costing upwards of $1,000 per square foot.

Siding

Siding is one of the first things people notice about your home. While the look of siding is important, it is also important to consider durability and cost. Vinyl siding is the most popular, because it’s available in different colors, it’s durable and a good insulator, in addition to being the cheapest type of siding. Stucco tends to perform the best of all siding since it’s thick and a fantastic insulator of the heat and cold. Installation on the other hand, is more of a process, making it more expensive. Metal siding performs well in colder climates, while denting easily. This is more expensive because the material supply is limited. The advantage is that metal needs no maintenance, it doesn’t grow mold and an extraordinary insulator. The above siding options are listed in order of least costly to most costly to help you plan in your home improvements. Siding is difficult to calculate costs as there are many factors involved in pricing.

Windows

Windows are an overlooked home improvement that can help insulate, block the sun from discoloring your furniture and flooring or let sun in to help warm your home. Windows are difficult to get pricing on because there are so many different types of windows and brands. Depending on how many windows you need and the brand you choose, replacing all windows in a home can cost anywhere from $2,500 to $60,000.

These improvements are common because they often need updating or replacing. Just remember that different materials fit different climates and designs. Know that you have options if you need to replace your roof, siding, or windows and be sure to get several estimates to find what works for you and your budget.

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