The majority of homeowners, 9 out of 10 to be exact, acknowledge underestimating the expenses associated with homeownership, often overlooking maintenance and remodeling. So how much does it really cost to transform and remodel your home in Phoenix? And how does this stack up against other major cities nationwide?
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In a new study, Frontdoor used Houzz.com’s home project planner to assess the average cost of renovating each room of the house in 10 major cities across the country, including the cost to remodel your home in Phoenix: https://www.frontdoor.com/blog/the-most-and-least-expensive-u.s.-cities-for-home-remodeling
Take a look at the results:
For each of the most populated cities in the U.S., we used Houzz.com’s home project planner to estimate the cost of remodeling the five main rooms of a house (living room, kitchen, bathroom, bedroom and dining room) using professional contractors and budget-grade products and materials. To calculate how affordable a full house remodel would be in each location, we compared the estimated price of a local remodel to that city’s average household income (sourced from census.gov).
Key Findings
- The most expensive city to remodel a home is Naperville, Illinois ($100,975). Three other cities in the state rank among the most expensive, too.
- In contrast, it’s the least expensive to remodel in McAllen, Texas ($54,855).
- The least affordable city to remodel is Detroit, Michigan — it would cost the average local 220.94% of their annual income.
- But Frisco, Texas, is the most affordable city (43.51%). Three other cities in Texas are also among the most affordable cities.
Frontdoor also identified the overall most and least expensive features to remodel in all five main rooms in the U.S.
