The cost of building or remodeling a home can quickly add up, and certain rooms tend to be more expensive than others. To help homeowners plan their budgets and prioritize their spending, this article will rank the most expensive rooms in a new home build. By understanding which rooms typically require the most investment, homeowners can make informed decisions about where to allocate their funds.
These costs can vary widely depending on the size of the room, the quality of materials used, and any special features or amenities that are included. Homeowners who are planning a new home build or a major remodel should carefully consider their priorities and budget accordingly.
The Kitchen
The kitchen is often considered the heart of the home, and it’s no surprise that it’s also one of the most expensive rooms to build or remodel. According to CMS Homes, a kitchen can cost anywhere from $10,000 to $30,000. The size, features, and materials used in the kitchen can all affect the price point.
Cabinets
Cabinets are one of the most significant expenses in a kitchen remodel. The cost of cabinets can range from $4,000 to $20,000, depending on the size of the kitchen and the materials used. Homeowners can save money by opting for prefabricated cabinets or by refinishing existing cabinets rather than replacing them. Hiring professionals to install cabinets can also add to the overall cost.
Countertops
Countertops are another major expense in a kitchen remodel. According to Better Homes & Gardens, the average cost of a kitchen countertop is around $3,000. Granite and quartz are popular choices for countertops, but they can be expensive. Homeowners can save money by choosing less expensive materials, such as laminate, or by purchasing remnants of more expensive materials.
Appliances
Appliances are also a significant expense in a kitchen remodel. The cost of appliances can range from $2,000 to $10,000, depending on the brand and features. Stainless steel appliances are popular but can be more expensive than other options. Homeowners can save money by purchasing energy-efficient appliances or by buying appliances during sales or clearance events.
When remodeling a kitchen, it’s important to consider all the costs involved, including the cost of hiring professionals and any additional features, such as a backsplash or lighting. According to Angi, the average cost of remodeling a kitchen is around $25,000. Homeowners should budget accordingly and be prepared for unexpected costs that may arise during the remodeling process.
The Bathroom
The bathroom is one of the most expensive rooms in a new home build. It is also the most expensive room to remodel per square foot. This is because it requires a lot of plumbing, fixtures, and finishes. In this section, we will discuss the two sub-sections of the bathroom: Master Bathroom and Shower.
Master Bathroom
The master bathroom is one of the most important rooms in a new home build. It is a private space where the homeowner can relax and unwind after a long day. It is also a room that can significantly increase the value of a home. The cost of a master bathroom can vary depending on the size, fixtures, and finishes. According to CMS Homes, the cost of a master bathroom can range from $10,000 to $30,000.
To keep costs down, homeowners can consider using less expensive materials such as ceramic tiles instead of natural stone. They can also opt for a standard bathtub instead of a separate bath and shower. However, if the homeowner has the budget, they can consider adding additional plumbing for a separate bath and shower. This can add to the overall cost but can also increase the value of the home.
Shower
The shower is another important sub-section of the bathroom. It is a place where the homeowner can start their day or wash away the stresses of the day. The cost of a shower can vary depending on the size, fixtures, and finishes. According to House Beautiful, the cost of a shower can range from $1,000 to $5,000.
To keep costs down, homeowners can consider using less expensive materials such as ceramic tiles instead of natural stone. They can also opt for a standard showerhead instead of a rain showerhead. However, if the homeowner has the budget, they can consider adding additional features such as a steam shower or multiple showerheads. This can add to the overall cost but can also increase the value of the home.
The Living Room
The living room is often the center of a home, where families gather to relax, watch TV, and entertain guests. As such, it is no surprise that it can be one of the most expensive rooms to build or remodel.
Layout
The layout of a living room can greatly impact its cost. A larger living room may require more electrical work, outlets, and lighting fixtures, which can add to the overall cost. Additionally, more complex layouts may require custom-built furniture or finishes, which can also increase the cost.
Lighting
Lighting is an important aspect of any living room, and it can also be one of the most expensive. Recessed lighting, chandeliers, and other decorative fixtures can add to the cost of the room. Additionally, larger living rooms may require more lighting fixtures, which can also increase the cost.
When designing a living room, it is important to keep in mind the desired layout and lighting, as these can greatly impact the final cost. By carefully planning and budgeting for these aspects, homeowners can create a beautiful and functional living room without breaking the bank.
The Home Theater
A home theater is a luxurious addition to any home. It is a room designed for the ultimate entertainment experience, with a large screen, high-quality sound system, comfortable seating, and a darkened atmosphere. However, it is also one of the most expensive rooms to build or remodel in a new home.
According to Audio Advice, the cost of a home theater room can range from $10,000 to $100,000 or more, depending on the size, quality of equipment, and level of customization. The cost of a basic setup with a projector, screen, and sound system can start at around $5,000, but for a true high-end experience, it can easily reach six figures.
One of the main factors that contribute to the cost of a home theater is the audio system. A high-quality surround sound system with multiple speakers, a subwoofer, and an amplifier can easily cost several thousand dollars. In addition, soundproofing and acoustic treatments are necessary to create the ideal listening environment and prevent sound leakage to other parts of the house.
Another important consideration is the video display. A large, high-resolution screen or projector is essential for a true cinematic experience, but it can also be a significant expense. Custom cabinetry, lighting, and seating are other factors that can add to the cost of a home theater.
Despite the high cost, a home theater can be a worthwhile investment for those who love movies, sports, or gaming. It can also add value to a home and be a selling point for potential buyers. However, it is important to carefully consider the budget and prioritize the most important features to avoid overspending.
The Basement
The basement is often considered a blank slate that can be transformed into a variety of living spaces. However, it is also one of the most expensive rooms in a new home build. According to CMS Homes, a finished basement can cost anywhere from $11,000 to $28,000. The biggest factor in how much it costs is size — a bigger basement will cost more than a smaller one.
One reason why basements are so expensive is that they are labor-intensive. Finishing a basement involves a lot of work, including framing, electrical wiring, and drywall installation. These tasks require skilled labor, which can drive up costs. Additionally, if the basement is not already finished, it may require additional work to make it suitable for living space.
Despite the high cost, a finished basement can add significant value to a home. According to HGTV, a midrange basement refinish yields, on average, a 70% return on investment. This makes it a worthwhile investment for homeowners who are looking to increase the value of their home.
When it comes to using the basement as living space, there are many options to choose from. Some of the least expensive uses of the space are those that don’t require new utility lines and lack separate rooms, which spares the cost of additional framing, drywall, and doors. An office, a gym, a studio, or an open-concept family room are all relatively inexpensive spaces, according to HGTV.
In summary, the basement is one of the most expensive rooms in a new home build due to its labor-intensive nature. However, finishing a basement can add significant value to a home. Homeowners have a variety of options when it comes to using the basement as living space, including relatively inexpensive spaces like an office, gym, or family room.
Exterior Features
When it comes to building a new home, the exterior features can make a big difference in the overall cost. Two of the most expensive exterior features are pools and landscaping.
Pools
Pools are a popular addition to many new homes, but they can also be one of the most expensive features. The cost of a pool can vary depending on the size, shape, and materials used. In general, a basic in-ground pool can cost anywhere from $20,000 to $50,000, while a more elaborate pool with custom features can cost upwards of $100,000 or more. Additionally, ongoing maintenance costs can add up over time.
Landscaping
Landscaping is another exterior feature that can significantly impact the cost of a new home. The cost of landscaping can vary depending on the size of the lot, the type of plants and materials used, and the complexity of the design. In general, landscaping can cost anywhere from $5,000 to $20,000 or more. Some homeowners may also choose to add features like outdoor kitchens, fire pits, or water features, which can add to the overall cost.
It’s important to note that while pools and landscaping can add value to a home, they may not always be a wise investment. Homeowners should carefully consider their budget and the potential return on investment before deciding to add these features to their new home.
Overall, when it comes to exterior features, pools and landscaping are two of the most expensive options. Homeowners should carefully consider the cost and potential return on investment before deciding to add these features to their new home.
The Garage
The garage is an essential part of many homes, providing a safe and secure space to park vehicles, store tools and equipment, and even serve as a workshop or hobby area. According to a survey by Impulse Research, 55% of Americans spend 1-2 hours each week in the garage doing hobbies and other activities.
New home builders understand the importance of the garage and offer a variety of options to meet the needs of homeowners. In fact, according to data from Eye On Housing, for new single-family completions in 2019, 65% of homes offered a two-car garage, while another 19% of homes possessed a garage large enough to hold three or more cars.
The cost of a garage can vary depending on the size, materials, and finishes. However, building a garage can be a cost-effective way to increase the value of a home. A garage can also provide additional storage space, which can be a valuable asset for homeowners.
When considering the cost of a garage, it’s important to factor in additional expenses such as lighting, heating, and cooling. These costs can add up quickly, so it’s important to include them in the budget from the beginning.
Overall, the garage is an important part of any home, providing not only a place to park vehicles but also a valuable storage and hobby space. When building a new home, homeowners should carefully consider their garage needs and budget accordingly.
Conclusion
Building a new home can be a significant investment, and it is essential to understand which rooms can be the most expensive. The kitchen, master bathroom, and basement are among the most costly rooms to build or remodel, according to the search results.
However, there are ways to save money and make a new home more affordable. Homeowners can choose to use less expensive materials or opt for a smaller square footage. They can also consider buying a pre-existing home and renovating it to their liking.
It is important to keep in mind that the cost of a new home varies depending on the location, materials used, and other factors. Homebuyers should do their research and work with a reputable builder or contractor to ensure they are getting the best value for their money.
Overall, building a new home can be a rewarding experience, but it is essential to understand the costs involved and make informed decisions. With careful planning and consideration, homeowners can create a beautiful and functional home without breaking the bank.
