{"id":51261,"date":"2022-01-27T12:12:03","date_gmt":"2022-01-27T20:12:03","guid":{"rendered":"https:\/\/www.movoto.com\/blog\/?p=51261"},"modified":"2022-04-11T11:44:36","modified_gmt":"2022-04-11T18:44:36","slug":"9-unexpected-costs-gut-renovation","status":"publish","type":"post","link":"https:\/\/www.movoto.com\/blog\/9-unexpected-costs-gut-renovation\/","title":{"rendered":"9 unexpected costs when you do a gut renovation"},"content":{"rendered":"<h4><span style=\"font-weight: 400\">A gut renovation is a great way to get exactly what you want when you buy a home. But such a big project can be daunting. Here are some curveballs to expect when you do a gut renovation.\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400\">While it\u2019s great to buy a home that\u2019s move-in ready, there\u2019s also a lot to love about buying a <\/span><a href=\"https:\/\/www.movoto.com\/blog\/is-buying-a-fixer-upper-home-the-best-option-for-you\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">fixer-upper<\/span><\/a><span style=\"font-weight: 400\"> and rebuilding it to fit your style and lifestyle. The idea of gutting a house is daunting, but as long as you expect the unexpected when it comes to costs and timelines, you have the right attitude to see a project this big through. With a realistic budget, preparation, and a lot of patience, a <\/span><span style=\"font-weight: 400\">gut renovation<\/span><span style=\"font-weight: 400\"> will be worth it when you get your custom home designed specifically for you. Here are nine things you should be ready for so you don\u2019t end up with <\/span><i><span style=\"font-weight: 400\">too <\/span><\/i><span style=\"font-weight: 400\">many surprises along the way.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">1. Outdated wiring<\/span><\/h3>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/www.movoto.com\/blog\/7-ways-solar-panels-will-save-the-planet-and-make-you-rich\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">electricity<\/span><\/a><span style=\"font-weight: 400\"> is one of the most important systems in your house. Not only is faulty wiring a safety and fire hazard, it can increase your electric bill and cause power outages. A lot of older homes still have outdated knob-and-tube wires or asbestos insulation. These need to be replaced by a professional, and can be expensive. Keep in mind that electrical work is never a place to cut corners or try to DIY unless you\u2019re a trained professional.\u00a0<\/span><br \/>\n<b>Rewiring Average Cost*:<\/b><span style=\"font-weight: 400\"> $3,200 \u2013 $7,600<\/span><\/p>\n<h3><span style=\"font-weight: 400\">2. Outdated plumbing<\/span><\/h3>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/www.movoto.com\/blog\/9-unexpected-costs-gut-renovation\/blog-unexpected-costs\/\" rel=\"attachment wp-att-51270\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51270\" src=\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/01\/blog-unexpected-costs.jpg\" alt=\"9 unexpected costs when you do a gut renovation\" width=\"1200\" height=\"600\" \/><\/a><br \/>\nPlumbing is up there with wiring when it comes to the most important parts of your home. If the house is old enough that you had to rewire it, chances are the plumbing will need to be replaced as well. While faulty plumbing is less of a safety issue than wiring, blocked or leaky pipes will quickly spiral into a massive, costly issue. And old piping can leach toxic chemicals into your drinking water, which is a safety issue.\u00a0<\/span><br \/>\n<b>Repiping Average Cost: <\/b><span style=\"font-weight: 400\">$3,100 \u2013 $5,500<\/span><\/p>\n<h3><span style=\"font-weight: 400\">3. Mold<\/span><\/h3>\n<p><span style=\"font-weight: 400\">Once you start tearing into the walls, hidden issues like <\/span><a href=\"https:\/\/www.movoto.com\/blog\/10-home-inspection-tips\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">mold<\/span><\/a><span style=\"font-weight: 400\"> will surface, so it\u2019s smart to always wear a mask with a respirator when you start doing demolition work. Depending on the type of mold and how severe it\u2019s become, it can just be a nuisance or a serious health hazard.\u00a0<\/span><br \/>\n<b>Mold Remediation Average Cost:<\/b><span style=\"font-weight: 400\"> $15 \u2013 $30 per sq.ft.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">4. Old or missing insulation<\/span><\/h3>\n<p><span style=\"font-weight: 400\">What you don\u2019t find can be just as surprising as what you do find when you do a gut renovation. Some older homes simply weren\u2019t insulated when they were built and you\u2019ll need to insulate them from scratch. On the other hand, if the insulation is old or\u2014worst case scenario\u2014made from <\/span><a href=\"https:\/\/www.movoto.com\/blog\/when-did-they-stop-using-asbestos-and-why\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">asbestos<\/span><\/a><span style=\"font-weight: 400\">, you\u2019ll need to pay for it to be professionally removed. Depending on the type of insulation you want to add (spray foam, radiant, blown-in, etc.) the cost will vary.\u00a0<\/span><br \/>\n<b>Insulation Average Cost: <\/b><span style=\"font-weight: 400\">$1.50 \u2013 $3 per sq.ft. (not counting insulation removal)<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>Asbestos Insulation Removal Average Cost: <\/b><span style=\"font-weight: 400\">$20 \u2013 $65 per sq.ft.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">5. Getting the new house up to code<\/span><\/h3>\n<p><span style=\"font-weight: 400\">Building codes are constantly evolving, and you\u2019ll need to make sure your renovations adhere to the latest codes in your area. Ensuring that your construction is up to code might mean spending more than you expected on some of your upgrades.\u00a0<\/span><br \/>\n<b>Average Cost: <\/b><span style=\"font-weight: 400\">Varies<\/span><\/p>\n<h3><span style=\"font-weight: 400\">6. Permitting<\/span><\/h3>\n<p><span style=\"font-weight: 400\">You need to file all your construction plans and blueprints with your city or county and apply for permits before you begin any work. This especially applies if you\u2019re making any changes to the electrical, plumbing, or anything structural.<\/span><br \/>\n<b>Construction Permit Average Cost: <\/b><span style=\"font-weight: 400\">0.5% \u2013 2% of total construction cost<\/span><\/p>\n<h3><span style=\"font-weight: 400\">7. Inspections<\/span><\/h3>\n<p><span style=\"font-weight: 400\">At different phases of your project, you\u2019ll need to ensure that the work was done right and everything is up to code. This requires an inspector to come and look at the existing work and give the green light that the next phase can continue. Skipping this important step can mean having to tear down and redo work, so make sure you know when your city or county requires these <\/span><a href=\"https:\/\/www.movoto.com\/blog\/what-you-should-know-complete-home-inspection-checklist\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">inspections<\/span><\/a><span style=\"font-weight: 400\"> to happen and adhere to them.\u00a0<\/span><br \/>\n<b>Home Inspection Average Cost: <\/b><span style=\"font-weight: 400\">$325<\/span><\/p>\n<h3><span style=\"font-weight: 400\">8. Waste removal<\/span><\/h3>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/www.movoto.com\/blog\/9-unexpected-costs-gut-renovation\/blog-unexpected-costs3\/\" rel=\"attachment wp-att-51272\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51272\" src=\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/01\/blog-unexpected-costs3.jpg\" alt=\"9 unexpected costs when you do a gut renovation\" width=\"1200\" height=\"600\" \/><\/a><br \/>\nYou\u2019ll undoubtedly have a lot of building material debris when you gut a house. Bulk waste can\u2019t simply go out with your normal trash. Depending on the size of your project, you may need to rent a dumpster, hire a waste removal service, or just haul trash to a landfill yourself. Depending on which option you choose, the cost will vary.<\/span><br \/>\n<b>Average Cost: <\/b><span style=\"font-weight: 400\">Varies<\/span><\/p>\n<h3><span style=\"font-weight: 400\">9. Alternate housing<\/span><\/h3>\n<p><span style=\"font-weight: 400\">A big part of gutting a house is living in a construction zone for weeks or months at a time. You can choose to <\/span><a href=\"https:\/\/www.movoto.com\/blog\/increase-your-home-value-with-these-11-essential-renovations\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">renovate<\/span><\/a><span style=\"font-weight: 400\"> the house in phases so you always have a dedicated living area. Alternately, you can gut the entire place and find a short-term rental until at least one area is livable. Either way, there will be logistical issues, such as ordering food when you don\u2019t have a working kitchen, finding alternatives if you work from home, and possibly staying in a hotel for several nights when the noise and dust are too overwhelming.<\/span><br \/>\n<b>Average Cost: <\/b><span style=\"font-weight: 400\">Varies<\/span><br \/>\n<small>*Average cost data from <a href=\"https:\/\/homeguide.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">HomeGuide.com<\/span><\/a><span style=\"font-weight: 400\">. Costs based on a 2,000-sq.ft. house unless otherwise specified.<\/span><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A gut renovation is a great way to get exactly what you want when you buy a home. But such a big project can be daunting. Here are some curveballs to expect when you do a gut renovation.\u00a0 While it\u2019s great to buy a home that\u2019s move-in ready, there\u2019s also a lot to love about buying a fixer-upper and rebuilding it to fit your style and lifestyle. The idea of gutting a house is daunting, but as long as you expect the unexpected when it comes to costs and timelines, you have the right attitude to see a project this [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":51272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77],"tags":[80,123,129,90,200,105,78,83,100,67],"class_list":["post-51261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diy-projects","tag-buyer-tips","tag-contractors","tag-cost-of-living","tag-diy-projects","tag-fixer-upper","tag-home-buying-tips","tag-home-owners","tag-real-estate-tips","tag-renovations","tag-seller-tips","post--single"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>9 unexpected costs when you do a gut renovation<\/title>\n<meta name=\"description\" content=\"A gut renovation is a great way to get exactly what you want when you buy a home. 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