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How Much Will Home Renovations Cost in 2025? Budgeting Tips for Homeowners

Home renovations are exciting but can also be a bit overwhelming, especially when it comes to budgeting. As we move into 2025, here's what to expect when planning your renovation budget, along with tips to ensure you get the most value for your investment.

TIPS

Samantha Reed

11/1/20242 min read

1. Understanding the Cost Drivers of a Renovation

Scope of Work: Renovation costs can vary significantly depending on the size and complexity of the project. A full exterior makeover will naturally cost more than smaller changes, like repainting or updating the landscaping.
Location: Costs can differ based on your area’s cost of living and accessibility to materials. Urban areas may see higher labor costs, while rural areas could incur additional shipping fees.
Material Selection: The choice of materials greatly impacts the total budget. While vinyl siding may be a budget-friendly option, opting for natural stone or reclaimed wood can increase costs.
Labor Rates: With rising wages, labor costs have seen an increase. In 2025, expect labor to make up roughly 40-60% of your total renovation budget.

2. Typical Costs by Project Type

Exterior Painting: Budget around $3,000 to $10,000, depending on the size of your home and paint quality.
Roof Replacement: This could range from $10,000 to $25,000, depending on materials like asphalt shingles or more premium metal roofing.
Landscape Overhaul: A full landscape redesign may range from $5,000 to $15,000, including new plants, paths, and lighting.
New Siding: Vinyl siding could cost $10,000 to $20,000, while brick or stone may increase this to $40,000 or more.

3. Tips to Stay Within Your Budget

Plan Ahead: Create a detailed budget and prioritize your must-haves versus nice-to-haves.
Request Multiple Quotes: Getting at least three quotes from contractors will help you find a fair rate and avoid unexpected charges.
Schedule Wisely: If possible, avoid the busiest seasons for construction, as labor rates may be lower during slower periods.
DIY Small Tasks: If you’re comfortable, consider DIYing simpler tasks like painting or landscaping, which can significantly reduce labor costs.

4. Hiring a Professional Designer

Working with a designer can help bring your vision to life within your budget. Designers help optimize layouts, source materials, and oversee the project to ensure you stay on track.

Ready to elevate your home’s curb appeal? At Online Exterior Designer, our team specializes in creating beautiful, customized exterior solutions tailored to your budget and style. From selecting the perfect materials to visualizing your dream design, we’re here to make every step of your renovation seamless.