You’re ready to remodel your home, but making your dream renovation project a reality requires careful planning, including detailed attention to the budget.
The team at Luxe Designs in Fort Myers has created this short guide to the best practices for budgeting for your renovation project. These tips will help you stay within your means while providing the upgrades you’ve always wanted and needed. Renovations provide nicer living spaces and can deliver a healthy return on investment in the unique Fort Myers home-buying market. Let Luxe Designs help you remodel the home of your dreams.
Understanding Renovation Costs in Fort Myers
Renovation costs can be unpredictable due to rates of inflation and supply chain challenges. A 2022 study by Houzz showed that the median spend on kitchen renovations has increased by 20% to an average of $24,000. Project costs for renovations in Lee County in 2025 ranged from $8,861 to $70,889, according to manta.com.
The cost of your renovation project will vary depending on its size, the materials used, and the customary labor costs, while demand and market factors can shape the pricing structure. Renovations can provide a healthy payback. In Fort Myers, projects such as entry door and garage door replacements, and installing manufactured stone veneer, can improve your home’s value. According to the National Association of Realtors, homeowners can eventually recoup most or all of the cost of renovation projects through resale. The Realtors found that on average, homeowners earned back:
- 100% of the cost of a new steel front door.
- 83% of the cost of a closet renovation.
- 74% of the cost of new vinyl windows.
How to Prioritize Your Renovation Goals
One of the significant challenges for homeowners in Fort Myers is deciding where to start. You have to weigh your immediate needs, the size of your budget, and the potential return on investment. A critical factor is determining the differences between essential upgrades and optional investments. You want to make your home safe and comfortable for your family before tackling more aesthetic improvements.
Here are questions to consider in setting priorities:
- What’s your home’s current condition? What needs fixing?
- What are your long-term plans?
- Which renovations have the potential to add value based on your data from Fort Myers?
- What’s your available budget?
- How can you retain your home’s unique character?
Based on information from RedFin, here are some of the most popular renovation projects in Fort Myers:
- Fresh paint
- Upgraded, contemporary design
- Open-concept kitchens
- Bathroom remodels
Let Luxe Designs guide you to the project that will improve your lifestyle and save you money.
Achieving Your Dream Remodel Within Budget
The home you’ve always wanted is within reach, with careful planning, prioritization, and the support of the expert contractors at Luxe Designs. We’re experienced in delivering high-quality renovations that fit your budget, while helping to generate a high return on investment, such as improved energy efficiency. Call us or contact us online today for a consultation.
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