Master Home Makeovers with Ultimate Renovation Guides Today

Budgeting and Financing Your Renovation

Budgeting is a critical component of any renovation project. Costs can vary widely based on the scope of the project, materials used, and labor required. On average, a kitchen remodel can range from $12,500 to $33,000, while a bathroom renovation might cost between $6,000 and $15,000³. To manage these expenses, consider financing options such as home equity loans or lines of credit, which often offer lower interest rates than personal loans.