Home renovation and remodelling are often used interchangeably, but they mean entirely different things. They are distinct regarding project scope, costs, ROI, and permit requirements, but are still misused. Although these two ideas seem similar, they have a particular nature. In this guide, you will discover what these key terms mean, how they differ, and which one you should consider for your home. 
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Understanding Home Renovation and Remodelling
Home renovation, often overlooked in favor of remodelling, is a valuable investment. It involves the small-scale fixes and work you need to keep your home functioning effectively.
These projects, like installing new lights or painting a room, may seem minor, but they can significantly enhance your living experience and the value of your home.
Home remodelling services go one step further and involve a complete makeover of the existing place.
Let’s have a detailed overview of renovation vs remodel.
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Scope of Project: Home Renovation Vs Remodel
Home renovation and home remodeling services differ in terms of the project’s scope. Home renovation typically involves small-scale projects having a small budget, because this generally consists of repair and maintenance-related work, such as;
- Cabin Fixtures
- Installing new lights
- Painting a room
- Installing a thermostat
- Taking on a small bathroom renovation
On the flip side, home remodeling involves large-scale projects requiring a large budget to carry out various tasks. The home remodelling services include;
- Room extension
- A large-scale bathroom remodelling
- Installing a composite deck
- Enlarging a wardrobe closet
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Budget of Project: Renovation Vs Remodel
Home renovation projects are usually inexpensive as they involve quick fixes and repair-related work. In contrast, home remodelling, being a larger project, requires a massive budget because it involves enormous reconstruction-related work.
| As per the Home Advisor report, home renovation generally takes the budget within 15 to 60 $, while Home remodelling takes the budget up 60,000 $. |
Therefore, home renovation and remodelling are distinct from each other in terms of the budget of the projects.
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Return on Investment: Home Renovation Vs Remodel
Whenever you think of renovating your home or remodeling before selling, you often think of return on investment. Upgrading your home through renovation or remodelling enhances its functionality and adds extended value.
But you want to upgrade it entirely to sell it. In that case, you should only carry out minor renovations such as fixing lights, appliance repair, and flooring maintenance, as that would enhance your chances of getting increased ROI.
But suppose you’re looking to thoroughly remodel your home by getting a living room extension, deck installation, and wiring repair. In that case, it is more likely that you will never have a return on investment.
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Permit Requirement: Home Renovation vs Remodel
The requirement for a permit usually depends on the type of work you are willing to carry out and the rules of your area. However, home renovation projects such as repainting the building, quick fixes, and plain repairs do not require a license.
In contrast, a massive home remodelling service requires a permit from local authorities, especially if your remodeling services bring structural changes to the building, such as installing a deck or plumbing and electricity-related work.
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Are Renovation and Remodelling DIY Projects?
Whether a home renovation is a DIY project depends on its scope, as minor renovations like repainting the house, fixing the cabinets, or changing the lighting are indeed DIY projects.
However, massive projects like installing a deck in the outside living space, extending the garage, and remodelling the bathroom are not DIY projects, considering their enormous scope.
Thus, minor renovations are DIY projects, while the broadened scope is not DIY and requires professional home renovation contractors.
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Conclusion
If you’re reading this, chances are that you are thinking of upgrading the functionality of your house or looking for home remodelling services near me. So, don’t get confused over home renovation or remodelling; approach the right services to upgrade your home immediately.
FAQs
Is it better to buy a new house or remodel an existing one?
It is entirely your choice. If remodeling costs are greater than, you should consider buying a new house, but if it is within your range, go for remodeling.
How can I get my home renovated with a small budget?
Renovating your home on a small budget is possible with careful planning, such as setting a realistic budget, making cosmetic changes, prioritizing essential repairs, and trying DIY.
What are the advantages of remodelling?
By remodelling, you enhance your house’s functionality and aesthetic appeal and invest significantly in its future. The increased value added to your home through remodelling can significantly elevate its resale value, making it a financially sound decision.
When renovating a house, what order should I put things in?
The order should follow: planning and design, demolition and cleanup, structural changes, floorings, cabinet fixtures, furnishing and decorating, and final touchups.
Does remodelling your kitchen increase your home’s value?
As the kitchen is considered the heart of your home, yes, when you get your kitchen remodelled, it elevates the value of your home.
