What Is the Price of a Home Addition?
Due to their complexity, home expansions usually cost more than remodeling an existing area. Structural repairs, utility improvements, exterior modifications, roof replacement or installation, and expansions or rerouting of ventilation systems are all common additions.

The typical expenses for adding more than one story are as follows:

• Type of Addition Average Cost
• Addition of One Story for $250,000 to $400,000+
• Addition of Two Storeys for $650,000 to $850,000+

Addition on the Third Floor (400 square feet)$300,000 to $400,000+

What Is the Price of Remodeling a Kitchen?
Based on a 200 square foot kitchen, the average cost of a kitchen makeover in Toronto is between $40,000 and $75,000+. The layout of the kitchen, the extent of the work, and the upgrades will all affect the estimate.

Average Cost of Kitchen Renovation

L-shaped, 200-square-foot custom kitchen with island$40,000 to $75,000+

Appliances New from $6,000 to $55,000+

Between $20,000 and $35,000+ for wall removal

What Is the Price of Remodeling a Bathroom?
Bathroom renovations are the second most valuable home improvement, after kitchen improvements. The size, the plumbing and electrical work, the materials and finishes, and any special features are some of the factors that affect the overall cost of a bathroom makeover.

The average costs of various bathroom renovations are shown in the chart below:

• The Average Cost of Bathroom Renovation
• 50-square-foot powder room for $8,500 to $14,500+
• Basement Bathroom with Three Pieces for $28,000 to $33,000+
• Shared 3-Piece Bathroom for $28,000 to $34,000+
• Four-piece master suite for between $40,000 and $50,000+

What Is the Price of Remodeling a Basement?
Basement renovations include waterproofing, structural assessments, and sometimes underpinning in addition to the standard restoration work, which includes wall removal, mechanical improvements, and finishing jobs.

The average cost of both our basement underpinning services and upgrades is shown in the accompanying chart:

• Type of Renovation Average Cost
• Renovation of the Basement (800 square feet)$90,000+ to $200,000+
• Slab underpinning for a basement (extra to remodeling costs)$50,000 to $85,000+

What Is the Price of Remodeling a 2,000 Square Foot Home?
A 2,000 square foot home renovation with Contracting might cost anywhere from $350,000 to $650,000+.

Depending on the design, materials, finishes, fittings, and intricacy of the project, the estimate can differ greatly from one task to the next.

What Factors Influence Home Renovation Costs?

The two most significant factors influencing the overall cost of home renovation are labor and permit expenses, while there are numerous other factors as well. Here is a summary of each:

Labor Expenses
For a makeover to be both high-quality and effective, skilled labor is necessary. The amount of time, specialist knowledge, and hours that the construction staff devotes to the project are all factored into labor expenses. Labor typically accounts for between 40% and 50% of the total cost of renovations.

Building regulations and permits
Any remodeling in Toronto that includes plumbing, electrical, or structural work needs a building permit. There is a price associated with each form of permission.

Go over each of the specifics below:

A building permit might cost anywhere from $500 to $1,500 or more. need for extensions, basement remodeling, and structural alterations.
The average cost of an electrical permit is between $200 and $500. need for rewiring and electrical installations.
The average cost for a plumbing permit is $300 to $700+. necessary for any renovations or installations involving plumbing.

For a makeover to be both high-quality and effective, skilled labor is necessary. The amount of time, specialist knowledge, and hours that the construction staff devotes to the project are all factored into labor expenses. Labor typically accounts for between 40% and 50% of the total cost of renovations.

Request a Free Quote

Speak with Us Now

Contracting offers design-build solutions, premium renovations, and home additions with faultless execution from start to finish.

Upgrades & Additions to Luxury Homes
Superior Trades & Contractors: Unique & Trusted Design-Build Professionals in Toronto, Vaughan, Mississauga, & Beyond