Renovating your home office is one of the best investments you can make for your home. It’s not only the place in your home that makes a first impression on potential clients but also gives you a way to present yourself if you’re caught in a make-or-break deal. With a renovated home office, you’ll be able to attract more clients and get them excited about what you have to offer.
Home office renovation costs depend on your space’s size and your desired renovations. This article will discuss factors that can affect a home office remodel cost.
Components of a home office renovation
There can typically be many different components in a home office renovation, such as:
- Main lobbies
- Interior home offices
- Conference rooms
- Commercial kitchens
- Reception areas
- Retail storefronts
- Medical facilities
The most common renovations for home offices include new flooring, adding light fixtures, painting walls, and furniture.
Things that can affect the cost of your office remodel
Below are factors that can affect the cost of your home office remodel.
1. Condition of the space you plan to remodel
The condition of the space being renovated affects the cost of your home office renovation. You’ll want to know the industry terminology to communicate effectively with contractors, project managers, and brokers during budgeting. There are two pre-project conditions to consider for a remodel:
- Second-generation space. Spaces that are often move-in ready already have most buildout work completed. Known as renovations, they typically involve moderate levels of work and funding, focusing on visual enhancements like painting and carpeting.
- Shell space. These spaces allow tenants to customize the space without existing structures. It often involves significant modifications to aesthetics and infrastructure.
2. Size of the office space you want to remodel
Another factor influencing cost is the project size, with larger projects costing more because of increased material and labor requirements. Fixed costs and bulk supply discounts can contribute to a favorable price per square foot for larger projects.
3. Quality of the finishes you want in your home office remodel
The quality and selections of finishes you choose can also significantly impact project costs. For example, choosing high-quality wood over laminate will result in costlier expenses. Your preference for finishes will determine your budget allocation towards higher-quality and more expensive items.
Some businesses, like law firms, prioritize high-quality finishes like large desks and wood accents in client-facing areas. On the other hand, some small companies prefer simple finishes and concrete floors. They often prioritize cost-efficiency over garnishment.
4. Timeline of your home office remodel
Early planning is vital for a successful home office remodel. It gives you time to select contractors, material procurement, and the best outcome for your budget. Late initiation or significant changes mid-project can lead to additional costs. To maintain project efficiency, it’s essential to have a project schedule outlining milestones and possible paths and issues that can happen.
Ready to get started on your home office renovation?
Whether you’re going for a totally new look with your home office remodel or want to make it classier and more modern for clients, you’ll want JATES Remodeling & Construction on your side.
In addition to remodeling your home office, we can also help you add new rooms to your house and even update your lighting, plumbing, roofing, and siding. Turn to us as the experts for anything you need done in your home.
Contact us on our website with any questions or concerns you may have, or request a quote for your home office renovation project today.