Considering renovations in the Big Apple? You may be wondering how much it will cost to transform your space. Learning how much renovations cost per square foot is your first step toward budgeting smartly and avoiding financial surprises. Let’s break down everything you need to know about NYC renovation pricing.
What Affects Your Renovation Cost Per Square Foot?
In New York City, various factors could potentially push the renovation cost per square foot higher than national averages. Since the City is dense, accessing materials can be difficult. Worse still, building codes are stricter and permits take longer.
Additionally, it matters how old your building is. Pre-war apartments tend to have plumbing and electrical systems that require updating. Your neighborhood also plays a role, as contractor availability and material delivery costs vary across boroughs.
Breaking Down NYC Renovation Costs by Project Type
The renovation cost per square foot varies dramatically depending on your project scope.
Basic Renovations ($100-$200 per square foot)
- Cosmetic updates like painting and flooring
- Cabinet refacing instead of replacement
- Standard fixture upgrades
- Minor electrical and plumbing work
Mid-Range Renovations ($200-$350 per square foot)
- Full kitchen or bathroom remodels
- Custom cabinetry and quality countertops
- Updated systems and improved layouts
- Designer fixtures and finishes
High-End Renovations ($350-$600+ per square foot)
- Luxury materials and custom millwork
- Structural changes and layout reconfigurations
- Smart home integration
- Premium appliances and designer touches