The Difference Between Remodeling and Renovation: Which One is Right for You?

January 15, 2024

When planning a home improvement project, you may hear the terms remodeling and renovation used interchangeably. While both involve improving your home, they are not the same thing. Understanding the difference can help you make informed decisions about budgeting, timelines, and expectations.

At Foundational Builders Corporation, we specialize in both renovations and remodels, helping homeowners transform their spaces with expert craftsmanship. Whether you’re upgrading your kitchen, enhancing your bathroom, or reconfiguring your entire home, knowing whether you need a renovation or remodel is essential.

What is a Renovation?

A renovation restores or refreshes an existing space without changing its fundamental structure. This type of home improvement focuses on aesthetics and minor functional upgrades while keeping the original layout intact.

Common Renovation Projects

• Repainting walls and ceilings

• Refinishing or refacing kitchen cabinets

• Upgrading appliances, light fixtures, or hardware

• Replacing flooring, countertops, or backsplashes

• Repairing drywall or plaster

• Updating bathroom vanities and mirrors

Renovations are typically quicker, less expensive, and offer a high return on investment (ROI) because they improve the home’s appearance without requiring major construction.

Benefits of Renovating

• More cost-effective than remodeling

• Faster completion time

• Increases home value with minimal investment

• Requires fewer permits and inspections

Limitations of Renovating

• Limited to surface-level changes

• Does not fix major structural or layout issues

• May not fully customize the space to your needs

What is a Remodel?

A remodel is a more in-depth home improvement project that involves altering the structure, function, or layout of a space. Remodeling can include moving walls, changing plumbing or electrical systems, or even adding new rooms.

Common Remodeling Projects
  • Bathroom remodeling
  • Basements
  • Flooring
  • Appliances
  • Building Patios
  • Landscaping
  • Replacing windows 
  • Roofing
  • Entry door replacement
  • Exterior paint
  • Garage improvements
  • Replacing or adding siding
  • Pool additions or backyard kitchen build 
  • Converting a spare bedroom into a home office or nursery
  • Expanding a kitchen by removing walls
  • Adding a new bathroom or bedroom
  • Changing a traditional floor plan to an open concept
  • Installing a new staircase or building a deck
  • Converting a garage or basement into a livable space

Remodeling projects require professional expertise since they involve structural, electrical, and plumbing work. They tend to take longer and cost more but offer a higher level of customizatio n.

Benefits of Remodeling

• Transforms and modernizes living spaces

• Improves functionality and efficiency

• Increases long-term home value

• Customizes the home to fit your needs

Limitations of Remodeling

• More expensive than renovations

• Requires permits and inspections

• Takes longer to complete and can be disruptive

Renovation vs. Remodeling: Which One is Right for You?

When deciding whether to renovate or remodel, consider the following questions:

1. What is Your Goal?

• If you want to refresh the look of your home, a renovation is the best choice.

• If you need functional or structural changes, a remodel is necessary.

2. What is Your Budget?

• Renovations are more cost-effective and offer a higher ROI.

• Remodeling requires a larger investment but provides more customization.

3. How Much Time Do You Have?

• Renovations can be completed relatively quickly.

• Remodeling projects take longer due to structural changes and permit requirements.

4. Are You Selling or Staying?

• Renovations can boost resale value with minimal investment.

• Remodeling is ideal for long-term homeowners looking to customize their space.

Which Option Increases Home Value More?

Both renovations and remodels can increase your home’s value, but they offer different returns:

• Minor kitchen renovations (cabinet refacing, new countertops, updated lighting) can offer an ROI of 75% to 100%.

• Major kitchen remodels (new layout, structural changes) can yield an ROI of 60% to 75%.

• Bathroom renovations (new vanities, lighting, or tiles) typically provide a 62% ROI.

• Full bathroom remodels with layout changes offer around a 50% to 60% ROI.

For homeowners looking for the best return on investment, minor renovations tend to have a higher ROI, while remodeling is better suited for long-term functionality and customization.

Whether you need a renovation to refresh your space or a remodel to transform your home, Foundational Builders Corporation is here to help. Our expert contractors will guide you through the process, ensuring high-quality workmanship, efficient timelines, and a stress-free experience.

Contact us today to discuss your project and receive a free consultation. Let’s create the perfect home for you!

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