Before you call a contractor you’ll want to think about what it is you actually want to accomplish in your home. Here are some things to consider:
Remodel
You are essentially creating new space that usually requires physical changes to the structure (removing a wall), which makes the remodel costlier.True, because there will be no exterior work there will be fewer permits, regulations and inspections on the work, but it may require electrical, plumbing and ductwork by a professional.
Of course if the home has a poor design then remodeling is your only option.
Renovation
Essentially you are restoring the space to its previous state. Simple renovations of painting and flooring won’t need permits. Another consideration is that renovating usually costs less to repair and update basic features and, therefore, you will see a better return on investment.
A contractor can certainly advise you on average costs for remodeling or renovating space in your home. But remember to think about what it is you need to have done!