Project costs always come with a bit of a caveat because every project is unique. There is no cookie cutter solution like there is with a planned development like we see with large suburban track homes. One’s existing home conditions, design preferences, and budget all play a role. Furthermore, there is just not good information online about what to expect for costs. Various remodeling shows on television have also given prospective clients a false sense of what to expect as far as costs, length of time, and process. We are hoping to help rectify this by providing some real-world information. The below costs are reflective of what we would call mid-level finishes. For example, this means about $1200 per cabinet box, $10 per square foot tile allowances, level 4 Quartz counters, and $500 allowance for a bathroom faucet.
Project Length: 4-5 weeks
A Hall Bath remodel will generally fall between $25k and 35k, depending on size, features, and finish.
Project Length: 6-8 weeks
A 5-piece Primary Bath remodel will generally fall between $75k and 85k, depending on size, features, and finish.
Project Length: 12-16 weeks
A kitchen remodel in a historic home is generally a ground floor remodel that includes a Hall Bathroom, new floors, electrical work, HVAC work, structural work to open walls, new trim, paint and so on. Typically, for a standard historical Denver home in the 900 to 1200 square foot range, this will run about $150k-$250k, depending on how far you take it.
A basement remodel will generally be $150 to $200 per square foot, depending on features, finish level, and size. As the size increases, the cost per square foot decreases. A 1000 SF historical basement in Denver proper with a bedroom and a bathroom with 2 egress windows will generally run about $150k, including design, but can definitely be more as things like a theatre room, bar, etc are added.
Project Length: 16-20 weeks
A Primary Suite addition is typically in the $250k to $300k range for a 500 SF addition. This would include a 5-piece bath, walk in closet, and roughly 15x15 bedroom. Foundation would be standard crawl space.
Project Length: 24 weeks
While a Primary Suite addition is typically in the $250k to $300k range for a 500 SF addition, a 2 story version generally can be done for about $400 to $450k, depending on what else is added. In our experience, that usually means a family room with stairs on the main floor and a nice primary suite upstairs for a total of 1000 SF.
Project Length: 32-36 weeks
A full pop-top is not substantially different in cost from a new build. While there are still savings in the 10-20% realm, a 1000 SF pop top (which gives you 3 bedrooms and 2 baths) with a 1000 SF gut below will run between $700k and $800k, depending on features and finishes.
Sometimes, a full pop-top is not the answer. For example, if you recently did your kitchen and you don’t want to tear it back out. While this situation is more complex, it can be done and does create substantial savings. A 1000 SF pop top (which gives you 3 bedrooms and 2 baths) with minimal main floor changes (think stairs, paint and drywall for the most part), will run between $400k and $500k, depending on features and finishes.
Project Length: 20-24 weeks
An ADU is essentially a small house. Approximate cost is $350k for a garage with an apartment above it.
Project Length: 40-52 weeks
A new build is typically starts at $350 per square foot. Cost can go down as square footage increases, but a standard 3000 SF 4 bed 4 bath house is roughly $1.1 million to build, plus land costs. A 5000 SF mid-tier home will run about $1.5 million, by comparison. This can vary dramatically based on finish level. A higher-end build can add another $100 per square foot if you are adding things like a whole house low volt package for automated blinds, audio and video and so on. Most people do not opt to do so, but there is quite a bit of range as a result of features with a new build.
A 3-bedroom 4-bathroom duplex with 2350 SF per side and 2 car garage per side will cost roughly $1.1 to 1.3 million ($550k to $650k per side), plus the land cost, and is often a good alternative to a single family home when budget is a constraint as one side can be sold or rented out.