THE JAMES GREY JOURNAL
How Much Will a Historic Remodel Cost?
Real Talk for Millennials
If you’re reading this, chances are you’re either dreaming of or already in the thick of a historic home remodel. Maybe you’ve fallen in love with an old Craftsman with all its creaks, or maybe it’s a Traditional beauty with character (and quirks) to spare. And if you’re anything like us, the biggest question in your mind—alongside all the excitement—is, “How much will this remodel actually cost?”
Why We Can’t Give a Straight Answer (and Why That’s a Good Thing)
The thing about historic remodels is that they’re as unique as the homes themselves. Unlike standard home renovations, where you can get a rough estimate based on square footage or materials, historic remodels dive deep into the unknown. Every wall, floorboard, and corner in these homes has a story—and sometimes, a surprise waiting just behind it.
When people ask us for a cost estimate, we get it! You want to budget, and you don’t want to be shocked halfway through. But here’s the thing: part of the charm of these historic beauties is that they’re unpredictable. The wiring might be a century old, the plumbing could be long outdated, or you might find original woodwork that deserves preservation. Each of these discoveries impacts costs but adds so much character to your home.
Factors That Shape Your Remodel Cost
To keep it real, here’s a breakdown of what can impact the cost of a historic remodel:
Structural Surprises: Old homes come with secrets—some are amazing, like hidden architectural features, and some are… well, less exciting, like damaged foundations. Tackling these issues safely is an essential part of the budget.
Preservation vs. Replacement: Restoring original elements like windows, wood floors, and moldings adds authenticity but can take time and money. While restoring original features tends to be pricier, it’s worth it to maintain that genuine historic feel.
Material Sourcing: Want that specific molding or original-style tile? Historic materials or even replicas can add costs, but they’re part of what makes the remodel feel authentic.
Compliance with Local Codes and Preservation Standards: If you’re in a historic district, there are usually regulations on what can and can’t be done, which can mean extra steps and costs.
Labor Intensity: Historic homes require skilled labor that understands the art of preservation. Craftsmen who know how to work with plaster walls or restore aged woodwork bring expertise, and expertise costs more.
So… How Much Will It Actually Cost?
For context, historic remodels can range from $200 to $400 per square foot, depending on the scope. A bathroom update might cost $35,000, while a whole-home remodel could be significantly higher. That’s why when we provide estimates, we start with extensive discovery and design - so that we know full well what surprises can pop up.
Our Best Advice: Prepare for the Journey
If you’re seriously considering a historic remodel, here are a few things to keep in mind:
Buffer Your Budget: Set aside 10-20% extra in case of surprises. Having this cushion will keep your remodel going smoothly if something unexpected arises.
Set Priorities: Figure out what’s essential for you. Is it restoring the home’s original woodwork, modernizing the kitchen, or improving energy efficiency? By focusing on what’s most important, you can allocate your budget where it counts.
Enjoy the Process: A historic remodel is a labor of love, and every step adds to the story of your home. The end result? A one-of-a-kind space that reflects your commitment to preserving its charm for future generations.
Why We’re Here for This Adventure
For us, historic remodeling isn’t just about updating an old house; it’s about creating a home that’s uniquely yours. We’re here to guide you through the highs and the surprises, to help you make choices that add both beauty and value. Every historic remodel is different, and that’s why it’s worth it. So, when you’re ready to turn your dream home into a reality, remember: that the journey may be unpredictable, but the destination is unlike any other.
Historic remodels are investments in history, craftsmanship, and, ultimately, in your own dream of home. Ready to get started? Let’s chat about how we can make your historic home everything you’ve imagined and more.
Let’s Connect!
Let’s transform your ideas into a beautiful, functional home that reflects your unique story. Reach out today for a consultation, and let’s build something extraordinary together!