HOME RENOVATION COST 2024
The cost of home renovations ranges from $120 to $400 per square foot. Factors such as project size, materials, and location can influence these costs. At Devaal Constructions, we prioritize transparent communication and provide honest quotes. Our team has compiled a comprehensive renovation price list to ensure you have all the necessary information for your project.
FULL HOME RENOVATION
A full home renovation can take anywhere from three months to a year to complete. Whole house renovation costs involve gutting the whole house, materials, labour, permits, home additions, floor plan changes, and home detailing.
FULL HOME RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Full Home Renovation (2,000 sq.ft.) * includes 700 sq.ft. basement |
$300,000 |
$450,000+ |
MAIN FLOOR RENOVATION
A main floor renovation may involve making alterations to its structure and layout. Based on your goals, vision, and the needs of your home, this may involve adding separate entrances, dividing spaces, expanding kitchens, or adding bathrooms. Custom millwork, wall units, and electrical upgrades may result in extra expenses.
MAIN FLOOR RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Main Floor Renovation (850 sq.ft.) |
$120,000 |
$180,000+ |
|
Installing Gas Fireplace & Decorative Surround |
$12,000 |
$25,000+ |
|
Replace ground to 2nd floor stairs and guardrails |
$10,000 |
$24,000+ |
|
Electrical and/or Smart Home AV Electronics |
$5,000 |
$25,000+ |
|
Custom Millwork/Wall Unit |
$6,000 |
$30,000+ |
HOME ADDITION
Transform your home by adding bedrooms, lofts, in-law quarters, craft areas, kitchens, bathrooms, a gym, or even a theater room. Devaal Construction allows you to customize your space exactly the way you want.
HOME ADDITION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
One Storey Addition |
$280,000 |
$320,000+ |
|
Two Storey Addition |
$500,000 |
$650,000+ |
|
Third Floor Addition (400 sq.ft.) |
$300,000 |
$350,000+ |
BASEMENT RENOVATION
Devaal Construction has a reputation for transforming unfinished or vacant basements into fully equipped living areas with separate entrances, extra rooms, fireplaces, and ample storage. We address issues that inexperienced renovators may overlook, including basement humidity, water infiltration, and foundation cracks.
KITCHEN RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Basement Renovation (800 sq.ft.) |
$120,000+ |
$175,000+ |
|
Basement Underpinning on slab (additional to renovation costs) |
$50,000 |
$65,000+ |
KITCHEN RENOVATION
The cost of renovating a kitchen in Toronto depends on the kitchen’s size, the choice between luxury or standard finishes, and added details such as custom cabinets and high-quality appliances. Structural changes that involve moving walls or updating plumbing and electrical systems can also affect the overall cost.
BATHROOM RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Powder Room (50 sq.ft.) |
$7000 |
$10,000+ |
|
3-Piece Basement Bathroom |
$12,000 |
$20,000+ |
|
3-Piece Shared Bathroom |
$15,000 |
$22,000+ |
|
4-Piece Master Ensuite |
$24,000 |
$35,000+ |
BATHROOM RENOVATION
Bathroom renovations involve updating existing bathrooms with new tiles, showers, baths, electrical fittings, sinks, and toilets. There are different types and sizes of bathrooms, such as half-baths, powder rooms, three-piece bathrooms, four-piece bathrooms, and ensuite. Each type has its own unique cost considerations.
BATHROOM RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
L-Shape Custom Kitchen with Island (200 sq.ft) |
$35,000 |
$55,000+ |
|
New Appliances |
$6,000 |
$40,000+ |
|
Wall Removal |
$8,000 |
$12,000+ |
HOME RESTORATION/REBUILD PROJECTS
Our rebuilding services involve restoring an old, unfunctional home, to its former beauty. This includes kitchen renovations, bathroom renovations, and basement renovations. We provide step-by-step customized attention from planning to completion. Additional costs may apply for foundation work and demolition.
HOME RESTORATION/REBUILD COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Rebuild Projects (2,900 sq.ft.) |
$700,000 |
$1,000,000+ |
COMPLETE CONDO RENOVATION
We specialize in complete condo renovations to optimize space and flow in your condo. Condo renovations are more complex as there are limitations and condo board rules to follow, but the Devaal Construction team can take existing, small layouts and transform them based on your vision.
CONDO RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Complete Condo Renovation (1000 sq.ft.) |
$130,000 |
$200,000+ |
GURDWARA RENOVATION
We specialize in complete gurdwara renovations to optimize space and flow in your condo. Condo renovations are more complex as there are limitations and condo board rules to follow, but the Devaal Construction team can take existing, small layouts and transform them based on your vision.
CONDO RENOVATION COSTS IN TORONTO
| Project | Min. Average | High Average |
|---|---|---|
|
Complete Gurdwara Renovation (1000 sq.ft.) |
$130,000 |
$200,000+ |
GET A QUOTE
Home renovation costs in Toronto vary between $120 and $400 per square foot. Project size, materials, and location are all factors that can affect the costs. Devaal Construction values transparent communication and offers honest quotes. Our team has put together a thorough renovation price list to make sure you have all the information you need for your project.
FREQUENTLY ASKED QUESTIONS
DO HOME ADDITIONS ADD VALUE?
Home additions can significantly enhance your home’s market value. Home additions not only increase space but also boost property value through the integration of smart technologies, modern architecture, and upgraded electrical systems.
HOW MUCH DOES IT COST TO BUILD A 20 X 20 ROOM?
On estimate, it can cost between $48,000 and $160,000 to build a 20 x 20 room. This is based on the average cost of renovation per square foot in Toronto. The project’s specific details, such as materials, electrical components, plumbing, and location, all impact the total cost.
WHAT IS THE MOST EXPENSIVE PART OF RENOVATION?
The kitchen is usually the most expensive part of a homeowner’s budget. Kitchen renovations can include plumbing, electrical work, and even structural changes. The appliances, cabinets, and countertops also contribute to the overall cost of a kitchen renovation.
ARE RENOVATIONS WORTH THE MONEY?
Renovations can greatly improve your lifestyle and add value to your home, making them a worthwhile investment. When you collaborate with a renowned renovation contractor like Devaal Construction, you have the chance to fully customize your home and make a profitable investment in your property.
IS IT BETTER TO MOVE OR RENOVATE?
Deciding whether to renovate or move depends on personal factors like your budget, lifestyle, and location. With the rising average home prices in Toronto reaching a staggering $1,093,000, choosing to renovate over moving may be the more affordable option. Renovating before choosing to sell also presents an opportunity to boost the overall value of your property.
WHAT TYPE OF RENOVATION ADDS THE MOST VALUE?
Renovations that add the most value involve updating the kitchen, bathroom, and painting the inside and outside of the house. Other valuable renovations include adding storage space, updating lighting, kitchen countertop upgrades, and flooring updates.
DOES A NEW KITCHEN ADD VALUE?
Yes, one of the most effective ways to boost your home’s value is by investing in a kitchen renovation. Upgrading appliances, maximizing counter space, optimizing lighting, and enhancing the overall design all contribute to attracting more potential buyers and ultimately increasing the value and selling price of the home.
HOW DO YOU CALCULATE RENOVATIONS?
Our Devaal Construction team can help you calculate your home renovation costs based on the project’s size, your budget, and your home’s resale value. We maintain records of all financial transactions from start to finish. After our initial consultation, we will provide you with a detailed cost breakdown and actively collaborate with you to stay within your budget and support you in making well-informed choices.
WHAT DO YOU SPLURGE ON WHEN RENOVATING?
Think about the most important rooms in your house and what can bring the most value. For example, if you spend a lot of time in the kitchen and enjoy hosting guests, we suggest investing more in this room vs. an un-used room such as a barely used second bathroom.
OUR KITCHEN RENOVATION AND BATHROOM RENOVATION CRAFTSMANSHIP WILL BLOW YOU AWAY!
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