Home renovation costs in Las Vegas, NV, in 2023 intro
Home renovations have become increasingly popular as homeowners look to improve their living spaces and increase property value.
In this article, we explore the various costs associated with home renovation projects in Las Vegas, NV, in 2023.
We cover the average costs to renovate a house, costs per square foot, costs per room, and additional expenses you may encounter during your renovation journey.
Average cost to remodel & renovate a house
The cost of remodeling and renovating a house in Las Vegas, NV, varies depending on the extent of the work involved.
For smaller projects, the minimum cost is around $15,000.
The average cost for most home renovations, meanwhile, is approximately $50,000.
Higher-end projects can run up to $80,000.
For very high-end renovations, the cost can reach an astonishing $150,000.
The cost per square foot of renovating a house
In Las Vegas, NV, the cost per square foot for renovations ranges from $15 to $70.
Cost per room when renovating a house
In this section, we break down the cost of renovating various rooms within a house. Keep in mind that these are general estimates.
The price ranges we’ve given are quite broad so as to account for various factors, such as your location, the size of your rooms, and how much you want to be done.
Your home remodeling contractor should be able to give you an estimate within these ranges.
Bedroom
The cost of renovating a bedroom in Las Vegas, NV, typically ranges from $1,500 to $15,000.
Living room
Renovating a living room costs between $1,500 and $10,000.
Bathroom
Bathroom renovations range from $3,000 to $28,000, with factors such as the choice of fixtures and the complexity of plumbing and electrical work influencing the cost.
Kitchen
Kitchen renovations are often the most expensive in a home, with costs ranging from $6,000 to $70,000.
Basement/attic
Renovating a basement or attic costs between $4,500 and $75,000.
Garage
Garage renovations cost anywhere from $2,000 to $50,000.
Utility room
Renovating a utility room costs upwards of $5,000.
Guesthouse
Guesthouse renovations can range from $10,000 to $40,000.
Cost to renovate a house exterior
The cost to renovate a house exterior in Las Vegas, NV, ranges from $5,000 to $30,000 on average.
However, extensive work can drive the price as high as $120,000.
Cost to fix the foundation of a home
Foundation repairs usually cost between $2,000 and $10,000.
Severe foundation problems, however, can cost $20,000 or more to fix.
Type of home renovation
The cost per square foot of home renovations varies based on the type of renovation being done.
Whole house remodel
A whole house remodel in Las Vegas, NV, for instance, will typically cost $15 to $70 per square foot.
Gutting a house
Gutting a house to the studs is more expensive, costing between $60 to $175 per square foot.
Remodeling kitchen or bathroom
Remodeling kitchens or bathrooms, which often requires extensive plumbing and electrical work, runs between $90 to $260 per square foot.
Full house renovation costs by home type
The total cost of a renovation project will change dramatically depending on the type of home. Here are some general estimates for different types of properties:
Renovating a 2-bedroom house: $10,000 to $80,000
Renovating a 3-bedroom house: $20,000 to $100,000
Renovating a 4-bedroom house: $30,000 to $200,000
Renovating an even larger home: $50,000 to $200,000+
The cost per square foot will also vary for different property types:
Renovating a single-family home: $15 to $70 per square foot
Renovating an apartment: $20 to $70 per square foot
Renovating a townhouse: $20 to $150 per square foot
Renovating a historical home: $100 to $500 per square foot
Cost to change the floorplan
Adjusting a floorplan in a home costs between $200 and $700 per square foot.
Cost to add a room to a house
Adding a room to a house in Las Vegas, NV, costs between $80 and $200 per square foot.
Cost to install or replace electrical
Rewiring a house in 2023 costs between $6 and $13 per square foot.
The total cost for rewiring a house is approximately:
$500 on the low end, $8,500 on average, and $30,000 on the high end.
Cost to install or replace plumbing
Plumbing installation or replacement costs in Las Vegas, NV, are approximately:
$1,500 on the low end, $6,000 on average, and $17,500 on the high end.
Cost to update appliances
Upgrading kitchen appliances in a home renovation project typically costs around $4,000.
Labor costs
Labor costs for home renovations in Las Vegas, NV, range from $20 to $175 per hour.
Naturally, you get what you pay for in this department. Highly experienced professionals are going to cost a lot more for labor than newer contractors.
Permits
Building permits are often required for home renovations, with the cost ranging from $400 to $2,500.
Rising building material prices
In recent years, building material prices have been on the rise due to increased housing demand and supply chain disruptions.
Higher material costs have had a direct impact on home renovation prices, making projects more expensive.
What to remember when hiring a home remodeling contractor
- Research and referrals – It helps to get recommendations from friends and family who’ve “been there, done that” and can point you to a competent home remodeling professional. Looking at online reviews is also helpful.
- Verify licenses and insurance – Whoever you pick, make sure the contractor holds the necessary licenses and insurance coverage required for your area. This will protect you from any liabilities in case of accidents or damages during the renovation process.
- Obtain multiple quotes – We always say, “It doesn’t hurt to get another quote.” Requesting multiple quotes will give you a better understanding of the market and help you land a fair price.
- Check references – Asking for customer references should be par for the course in the home remodeling/contracting world. Fortunately, some contractors are eager to provide customer references for you to call.
- Review the contract – Thoroughly read the contract before signing it and make sure it includes all the necessary details, such as the scope of work, timelines, payment terms, and any warranties or guarantees on the work.
- Communication – Establish open lines of communication with your contractor from the beginning to ensure any concerns or changes are addressed promptly. This reduces the likelihood of misunderstandings and project delays.
- Set a realistic budget – Determine a budget for your project that includes a contingency fund for unexpected expenses, and discuss your budget with the contractor.
- Timeline – Establish a clear timeline for the project, including start and end dates, as well as any milestones.
- Keep records – Document all communications, changes, and payments throughout the project to avoid potentially costly legal disputes.
- Supervise the work – It’s essential to keep an eye on the progress and quality of the work, even when working with a pro. While you certainly don’t want to micromanage, regularly checking in with the contractor and addressing any concerns or questions as they arise will almost certainly benefit the process.
Questions to ask a home remodeling contractor
When interviewing remodeling contractors for your home renovation project, asking the right questions can help you make an informed decision. Here are some key questions to ask potential contractors:
- How long have you been in business, and can you provide references?
- Are you licensed and insured?
- Can you provide a detailed written estimate and contract?
- What is the projected timeline for the project?
- How will you handle any changes or additional work during the project?
- Who will be my primary point of contact?
- Will you obtain the necessary permits?
- How do you handle debris removal and cleanup?
- What warranty do you offer on your work and materials?
- How do you handle payments and deposits?
FAQ
Is it cheaper to gut a house or rebuild?
Whether you gut a house or rebuild it from scratch depends on the property condition, what you want to do, and how big your budget is.
Gutting a house is often more cost-effective if the existing structure is in relatively good condition and the desired changes are mainly cosmetic, which may be an incentive for you to go this route.
However, if the property has extensive structural or foundation issues, it may be more cost-effective to rebuild the house.
How long does it take to gut and remodel a house?
Generally, gutting and remodeling a house takes between two months to a year to do.
Complex projects, such as those involving significant structural changes or the addition of new rooms, may take even longer.
Does homeowners insurance cover renovations?
Homeowners insurance may provide limited coverage for renovations, but the amount of coverage depends on your policy and the nature of the renovation.
Usually, homeowners insurance covers damage to your home caused by fire, windstorms, or theft. Renovations typically fall outside this scope. Contact your insurance company for more information.
To cover a renovation, you’ll likely need to purchase additional coverage, such as a builder’s risk policy, which provides protection for materials, fixtures, and equipment used during the renovation. Your insurance company will have more information.
Conclusion
We hope you’ve found these price estimates helpful.
Having an idea of what you can expect to pay will help you make an informed decision and create a renovation plan that aligns with your goals and budget.
All prices are estimates and are subject to change*
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