🛠️ Home Renovation Calculator
200 sq ft kitchen 60 sq ft bathroom 1,800 sq ft full gut
🛠️

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Why "Basic" Often Has a Better ROI Than "Luxury"

A common surprise in renovation planning: spending more doesn't always mean recouping more at resale.

Estimated Cost = Square Footage × $/sq ft (by tier)
Estimated Value Recouped = Cost × ROI %
ROI % tends to be highest for basic/standard updates and lowest for luxury ones — buyers rarely pay dollar-for-dollar for ultra-premium finishes.

Worked Example: 200 sq ft Kitchen, Standard Tier

1
200 sq ft × $175/sq ft = $35,000 estimated cost
✓ At a typical ~79% ROI for standard kitchen work, that's roughly $27,650 recouped at resale — a stronger relative return than the same kitchen done at luxury tier.

These are general planning estimates based on typical national pricing patterns, not a formal appraisal or contractor quote. Actual costs and resale value depend heavily on your local market, home condition, and contractor.

Typical Renovation Cost Per Square Foot

ProjectBasicStandardPremiumLuxury
Kitchen$100/sq ft$175/sq ft$275/sq ft$450/sq ft
Bathroom$150/sq ft$250/sq ft$400/sq ft$650/sq ft
Whole-home refresh$15/sq ft$35/sq ft$60/sq ft$100/sq ft
Whole-home full gut$80/sq ft$150/sq ft$250/sq ft$400/sq ft

How Much to Budget as a % of Home Value

A general NKBA-style guideline for keeping renovation spending proportional to your home's overall value.

ProjectSuggested % of Home Value
Kitchen remodel5-15%
Bathroom remodel5-10%
Whole-home cosmetic refresh10-20%
Whole-home full gut renovation20-35%

Home Renovation Calculator — Frequently Asked Questions

Common questions about renovation costs, resale value, and budgeting.