Renovating an old house can be a way of reclaiming a piece of history. For some homeowners, renovating’s a way to preserve a family home. Others buy old homes in disrepair because they’re affordable.
The average cost of renovating an old house varies, with HomeGuide putting the typical cost between $19,800 to $73,200 and HomeAdvisor noting that renovations can cost up to $200,000. Let’s explore some common repairs old homes need and their typical costs.
You can’t ignore the roof.
A home’s roof shields it from the elements, preventing rain, snow, hail, and debris from getting inside the house. The roof’s one of the crucial structural components you should examine before buying an old home because holes in the roof could indicate you’ll have to deal with extensive internal damage. When moisture gets inside your home, it can spawn mold growth. Mold and mildew threaten your home and your family’s health.
Mold triggers allergic reactions, causes respiratory issues, and even people who don’t have mold allergies may struggle with itchy eyes. Removing mold costs hundreds to thousands of dollars, which is why it’s worth spending the money to repair your roof before there’s extensive damage. According to HomeGuide, the average cost of a new roof for homeowners in the United States is over $7,000.
Moisture can also rot through your attic’s floors and walls and destroy support beams. If there’s any sign of roof damage, Google “roof repair near me” to locate an expert roofing company with years of experience repairing and replacing roofs. A reputable roof replacement company will perform an at-home consultation to determine the cost of replacing your roof and explain your options. You can choose from cedar, slate, or asphalt shingles. You could also opt to install a metal roof. Look for roofing experts with hundreds of reviews from satisfied customers who recommend their services. Roof installation experts offer a 100 percent guarantee for their workmanship and materials, ensuring your peace of mind when you pay for a new roof.
New windows can reduce energy costs.
Windows are design and safety features in your home that enable you to see outside, enabling you to relax and enjoy the view. Unfortunately, old windows allow undesirable air drafts, making it hard to maintain your house’s air quality and temperature. HomeGuide puts the average cost of window replacement between $400 and $1,000 per window. Homeowners will recoup some of those costs by reducing their electric bills.
Homeowners who need new windows in Grand Rapids and the surrounding areas can turn to window installation experts to discuss their needs. Window installers with years of experience offer free estimates, ensuring you know how much it will cost to upgrade your windows before you get started. There are multiple new windows to choose from, including bay, garden, bow, casement, and energy-efficient windows. Reputable window installation companies offer excellent customer service and a lifetime warranty on their materials and labor, ensuring you’ll be delighted with your new windows.
Several other home upgrades could impact your budget.
Old homes have old systems, including plumbing and electrical systems. Old wiring can cause electrical fires, which is why you’ll want professional electricians Lakeland FL to work on your electrical system. HomeGuide puts the cost of rewiring a home between $1,500 and $20,000, depending on the size of the house.
Old cast iron plumbing pipes can rust, and roots can penetrate clay pipes. When old plumbing systems break down, sewage can back up inside your home, causing health issues and property damage. HomeGuide puts the cost of replacing the pipes in your home at up to $7,500.
The siding’s another crucial feature that protects your home from the elements. Having a contractor replace the siding could cost as little as $3,000 for a small house, while HomeGuide puts the cost for large homes at $26,000.
The cost of renovating an old house will depend on the nature of the repairs required. Once you determine what renovations you want to perform, you can seek free estimates from contractors to finalize your budget.
