August 23, 2022
Jon Christensen
Looking to renovate your home in Ontario but don't know how much it will cost? You've come to the right place. In this blog post, we look at average prices, the most common renovations, factors that affect cost, how to save money, how to choose a contractor, and some sample costs.
Whether you're looking to install new windows and doors, upgrade your heating and cooling system, or do a complete overhaul of your kitchen or bathroom, we've got you covered. So read on for all the information you need to get started on your next home renovation project!
The average cost of a home renovation in Ontario is $15,000. However, this number can vary greatly depending on the scope and size of your project. For example, a simple kitchen or bathroom upgrade may only cost a few thousand dollars, while a complete home addition can run into the hundreds of thousands.
There are also a number of factors that can impact the cost of your renovation, such as the type of materials you use, the amount of work required, and whether or not you need to hire professional contractors. That said, there are plenty of ways to save money on your renovation project, so don't be discouraged if you're working with a tight budget!
If you're planning a renovation project, we recommend getting multiple quotes from local contractors before making any decisions. This will help you get a better idea of how much your project will cost, and it will also give you a chance to compare prices and services.
The most popular projects in Ontario are painting, kitchen and bathroom upgrades, heating and cooling system replacements, and window and door installations.
Kitchen renovations are typically one of the more expensive home improvement projects, as they often involve major changes to the layout and design of the space. However, even a small kitchen update can make a big difference in how your home looks and feels.
Bathroom renovations are another popular home improvement project in Ontario. Like kitchens, bathrooms can be quite costly to renovate, depending on the scope of the project. However, even a small bathroom update can add value to your home and make it more enjoyable to live in.
Heating and cooling system replacements are also common in Ontario, particularly during the winter and summer months. If your heating and cooling system is outdated or not working properly, it may be time to consider replacing it. This type of project can run in excess of $5,000.
Window and door installations are another popular type of home improvement project in Ontario. New windows and doors can add style and value to your home, and they can also help to improve its energy efficiency.
These are just a few of the most common types of home improvement projects undertaken in Ontario. If you have a specific project in mind, we recommend getting multiple quotes from local contractors before making any decisions.
There are a number of different factors that can affect the total cost of a renovation project. Some of the most common factors include the size and scope of the project, the materials used, the labour costs, and any permits or fees that may be required.
The size and scope of the project will have a direct impact on how much it will cost to complete. A small kitchen update, for example, will typically cost less than a complete kitchen remodel. Similarly, a small bathroom update will typically be less than a complete bathroom remodel. The larger and more complex the project, the overall cost will be.
The materials you choose for your renovation can also have an impact on how much it will cost. Luxury materials, for example, will typically cost more than standard materials. Similarly, if you choose to use custom made or one-of-a-kind materials, the cost of your project will likely be higher.
Labour costs can also have a big impact on the total cost of a renovation project. If you choose to hire a professional contractor, their fees will be added to the overall cost of the project. In addition, if you have complex work that needs to be done, such as electrical or plumbing work, you may need to hire additional labourers to complete the job. These labour costs can add up quickly and should be factored into your overall budget. One rule of thumb is to take the material costs and double them. That should give you a ballpark figure to start with.
Finally, there are a number of permits and fees that may be required in order to complete your renovation project. These can vary depending on the type of work being done and the municipality in which you live. It's important to check with your local building department to see what permits and fees may be required before starting any work.
By taking all of these factors into consideration, you can get a better idea of how much your renovation project is likely to cost!
There are a number of ways you can save money on your renovation without compromising on quality. One way to save money is to choose more affordable materials. There are many high-quality, yet affordable, materials available that can help to cut down on the overall cost of your project. Moving forward with a luxury vinyl plank, or even an engineered hardwood floor, can be significantly less expensive than traditional hardwood flooring.
Another way to save money is to complete some of the work yourself. If you're handy and have some basic home improvement skills, you may be able to do some of the work yourself, which can help to reduce labour costs. We’d recommend doing this work before or after the contractor is working so that you’re not in their way.
Finally, the best way to ensure you’re getting the best value for your money is to get multiple bids on your project. This will ensure you fully understand market rates, and how much something should cost. By using Bidmii’s automated project creation and bidding system, you can transparently see many different bids as well as the contractor’s past Bidmii projects. This should give you a really clear picture of what quality you’re going to get for the dollars spent.
When it comes to choosing a contractor for your renovation project, it's important that you do your research. There are a number of scams out there, and you don't want to fall victim to one. The best way to avoid a scam is to choose a reputable contractor who has been in business for several years and has a good track record. You can ask friends or family members for recommendations, or you can check online reviews.
The problem with online reviews is that there are a lot of fake ones floating around. Typically this isn’t malicious, but friends and family of a contractor ‘trying to help them build their business’. When using the Bidmii platform you can rest assured that all ratings and reviews are purchase verified, and include before and after pictures.
We’ve mentioned it previously, but perhaps the most important thing you could do is to get multiple bids before making your final decision. This will help you ensure that you're getting the best possible price for your project. Hint: Over 70% of the homeowners on Bidmii choose the contractor with the highest rating, not the lowest price.
In addition to choosing a reputable contractor, there are a few other things you can do to avoid being scammed. First, never pay for a contractor's services upfront. You should only pay for work that has been completed to your satisfaction. Using Bidmii’s “money held in-trust” system completely takes care of this - and money will only be released to the contractor once you have signed off on a project or stage as complete.
Next, be sure to get everything in writing. Again, we’ve got you covered. By keeping your communication in Bidmii’s chat functionality, we ensure there is a paper trail for all discussions, and details. Our records include the contract, as well as the bid containing scope of work, material, and labour costs.
Finally, don't hesitate to ask questions if you're ever unsure about anything. A reputable contractor will be more than happy to answer any questions you have about the project. If you follow these tips, you can avoid being scammed and ensure that your renovation project is completed to your satisfaction.
Here are some sample costs for popular home renovations in Ontario:
- Windows and doors: $500-$5000
- Heating and cooling: $2000-$8000
- Kitchen: $5000-$25,000
- Bathroom: $3000-$15,000
- Basement: $3000-$30,000
- Roofing: $4000-$20,000
So, how much will your renovation cost? It depends on a number of factors, but we’ve tried to give you an idea of the price ranges and the different variables that can effect the price. If you’re ready to get started, join Bidmii–the simplest way to find and pay contractors for your renovation project. With Bidmii, you can get quotes from multiple contractors quickly and easily, so you can be sure you’re getting the best price possible. The best part is that posting a project is completely free. Head over to Bidmii now and start renovating!