Renovation & Remodeling
What's the difference?
While the terms renovate and remodel are used interchangeably all the time, they are actually very different. A renovation means you’re updating an existing structure with cosmetic changes, whereas a remodel involves changing the structure through demolition and construction. So, a renovation of a bathroom, for example, might involve refreshing the tile and paint, possibly even removing and replacing the existing sink, toilet, and shower, but keeping the plumbing and electrical systems in their original locations. By contrast, the same project would qualify as a remodel if you, say, moved the pipes to make room for a washer/dryer combo. If your house feels a little dated, a renovation can add a fresh look, but a remodel is better if you need to update your home's functionality by, say, knocking down a wall to create more space in the kitchen or putting up a wall to create a nursery.
What's the difference in cost?
In general, renovations are the cheaper route, because you're only altering surface details. Most minor cosmetic work for a renovation can be done quickly and on a budget. Renovations also typically entail fewer surprises, since the materials and labor costs are much easier to estimate, given the limited parameters of the project. The bigger changes of a remodel, on the other hand, tend to be more expensive—plus, you may also need to obtain permits, which can run you between $500 to $1000 and much more depending on the extent of the project.
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