Oakville Real Estate News

The Cost Of Renovating

Blog by Joette Fielding | April 10th, 2013

Common Renovating CostsThe Average Cost of Home Renovations

Common Renovating Costs: Construction and Demolition

Many of us haven’t the slightest idea of how much it really costs to undergo a basic home renovation, let alone a complete overhaul.

In our Renovating Costs series, we outline how much you can expect to spend for just about any project you plan to take on.


  • If you are planning major changes in your home, then demolition is going to be present on your budget breakdown.
  • Average costs of gutting a house, approximately 1500 square foot in size is $6000 - $7000, with disposal.

Once your house is ready for re-build, CONSTRUCTION will start, and these are the basic principles involved:

  • Insulation, at $1 a square foot
  • Vapor barriers at $0.70 a square foot
  • Building Walls (frame, drywall, plaster) at $9 a square foot (both sides)
  • Staircase construction using basic oak treads, closed (paint grade) risers, and stringer cost approximately $100 per riser, plus finishing stain and varnish ($50 per tread) and $100 linear foot for balustrade including spindles and railing.

Knocking Down/Rebuilding Walls

  • Some of us have the desire to knock down walls and build a new layout. The design work for such a project often requires drawings and permits.
  • The cost of architectural drawings vary, but to give you a rough idea you would be looking at approximately $4000 for a residential space of approximately 2,000 square feet, which would further allow you to apply for a Permit.
  • Permits are approximately $7.50 to $12.50 per square meter.
  • For a further breakdown and requirements on Building Permits check out your local municipal board.
  • If no structural plans are in the works and simply tearing down a few (non-structural) walls and building anew is on your agenda then you would be turning to drywallers, tapers and carpenters.
  • You will need carpenters for framing your walls, drywallers for boarding the frames and tapers for taping and plastering.
  • On average, to frame, board (i.e. plasterboard or gypsum board, otherwise known as “drywall”) and tape (on both sides) a wall is $9 per square foot.
  • To paint and finish is additional.

Content courtesy of http://www.hgtv.ca

For all your real estate needs, call The Fielding Team at 905-338-9000 or visit our website at: http://www.thefieldingteam.com/

The Fielding Team

Your Oakville Real Estate Agents!