What is the typical cost of renovations?
The national average for whole-house improvements costs is between $8,000- $10,000. Some houses are in better shape and do not require such extensive work while other homes require more work. Comfort and energy upgrades can cost anywhere between $500 and $25,000, and the cost depends partially on the size, age, condition, and complexity of the house. But remember, energy efficiency renovations are the only home improvement that actually pays you back. The average energy savings for a home that undergoes home performance improvements is over 20%, with many homeowners saving 40% or more. Before any work is performed you will sign a contract that lists a fixed price. The only way this price should change is if you sign a “Change Orders” request. Financing for your home improvements can be arranged through loans and lines of credit.
