A Brief Comparison between Renovation and Remodelling
What is Renovation?
Renovations involve modernising some parts of a structure or building without affecting the purpose for which they were originally designed. The building is never significantly changed from its initial design. It is somewhat tweaked to meet a fresh, updated, and modernised one.
Examples of Renovation
- Floor refinishing
- Refacing Cabinets
- Altering the lighting
- Modernising plumbing equipment
- Replacing the door hardware
- Including trim
What is Remodelling?
Remodelling is the process of altering the entire building’s original design. An area’s design may occasionally be completely abandoned or blended with those of adjacent areas.
Examples of Remodelling
- Taking down walls
- Different floor plans
- Adding central air conditioners
- Additions to buildings
- Accomplishing a basement
- A second floor being added
- Constructing a patio or deck
- A bedroom suite being added
Differences between Renovation and Remodelling
- It includes updating items like putting in new appliances, hardware, lighting fixtures, etc.
- Reconstruction tasks include painting, repairing any old systems, installing new windows, refacing cabinets, and replacing flooring.
- Without making any significant alterations, renovation aims to revitalise a location or a property.
- These small modifications can be made to a house before you put it on the market for sale.
- There are often fewer staff needed and no permits required.
- Changes to the home’s structure or layout are included in how it transforms the essence of the entire structure.
- Two rooms can be combined into one, a kitchen island can be added, walls can be taken down, ceilings can be raised, etc.
- The building may need to have its square footage increased or new plumbing, heating or cooling ducts added.
- Because they are bigger projects, additional personnel and contractors may be needed.
- They frequently involve repurposing space and require permits.
Cost and Value of Remodelling vs. Renovation
In general, renovating is less expensive than remodelling. Simply said, making structural improvements like tearing out walls or adding beams is more expensive than doing things like refacing cabinets and replacing plumbing fixtures. You’ll also need to pay for new finishes and fixtures after structural changes have been made, so in a sense, you’re paying to remodel twice.
Budgeting for renovations is simpler because many remodelling expenses are concealed. Remodelling often involves more work than it first appears. For instance, there’s a significant probability that the wall between a kitchen and a dining room is concealing items like electrical cables, water pipes, and ductwork if the wall were to be removed in order to open up the floor plan and add an island. Those things will need to be rerouted after the wall is removed, which is a significant operation that can include a lot of red tape. Additionally, you must take into account the possibility that the wall could be load-bearing and will need to be replaced with an expensive beam.
Renovation typically has a higher return on investment (ROI) than remodelling because less money is invested at the beginning of the project. Buyers are drawn in by a remodelled home’s appearance of being modern and ready for occupancy. This is frequently still the case with renovated homes; it just costs more money to complete the task. Even while they are attractive, improvements like expanding a kitchen or opening up the floor plan may not necessarily be profitable when it’s time to put them on the market.