The cost of building or renovating a home... This is probably one of the first questions most clients ask us when they call or email the first time, and this is probably why you are here in this section of our website. But should pricing be your main concern? Do you want your biggest investment (your home build or renovation) to be completed for the cheapest price? Or, should you ask instead: "What value (quality, service and experience) am I getting for the cost?"
As a client, we want the full service experience from a contractor. Clients want excellent workmanship, skilled management, to be priority, reliability from all crew, on schedule, meeting deadlines, warranty etc. I think it is safe to say that the cheapest price will not include most of these items on a project.
True Fun Facts, for giggles! We only do fast and good Heehee!
If you want your project to be handled in a seamless and experienced manner by a professional team, you should be aware of the average going rate in the industry for the type of project you are trying to achieve. Skilled professionals are not cheap, but they are good! You will be glad you hired them.
Tip: Before you see an architect or designer for your project, find a contractor, someone that you trust. Talk about the cost of building or renovating. A contractor will help you educate yourself on pricing. Why do I say to do this? More often than not, people engage with an architect and/or designer without understanding the cost of building or renovating. Without this knowledge, you will end up over designing your build or renovation on paper, only to find out after that the cost's are over budget. Now you will have to pay your architect or designer more money to re-design your project to fit your budgets.
Here is some basic pricing:
Please keep in mind that these are average prices, every project is different and requires design, architecture, engineering etc. to be priced correctly.
Powder rooms - starting from $10,000 to $15,000
Main bathrooms (3 piece) - starting from $25,000-$30,000.
Master bathrooms (4 piece) - starting from 35,000 to $45,000.
Starting from $75,000 to $115,000.
Basement (1 bathroom, 1-2 bedrooms, family room) - starting from $100 to $130 per square foot.
Basement suites (1 kitchen, 1-2 bedrooms, family room - starting from $120 to $150 per square foot.
Main Floor renovation
Main floor renovation on average - starting from $140 to $180 per square foot.
Complete Home (interior only)
Interior renovation - starting from $150 to $180 per square foot.
Complete Home (interior and exterior)
Complete home renovation inside and out - starting from $200 to $230 per square foot.
Average detached shop - starting from $120-$160 per square
(all depends on requirements).
New Home Build
New home builds - starting from $200 per square feet
(doesn’t include tear down of the old home).
Click here for more on understanding square footage pricing