Moneymaking Home Interior Projects

Even small moneymaking home interior projects may require you to get a sign-off from an architect or engineer, particularly if your work involves altering load-bearing walls and structures. In this article we will provide home interior project cost details that will assist you with your new project.

It’s important that homeowners consult a pro early in the planning process when starting any of these moneymaking home interior projects. Whether you need an architect or engineer depends on the state and local codes of your jurisdiction. A lot of states give architects authority to design structures, but this industry is in transition concerning this issue. We’re seeing more states require a structural engineer to sign off on residential work. This is an important factor for home interior project cost details.

Any time you change, remove, modify or add structure, the building code is likely going to regulate you in some form. And engineers and architects are educated on how to do that properly.

Cad Pro is an affordable and easy alternative to other more expensive home design software programs. Cad Pro is great for any of these moneymaking home interior projects as well as custom home plans, building plans, office plans, construction details, and much more.

CAD Pro allows anyone to share their home interior project cost details and plans with clients, colleagues or professional remodeling contractors using Dropbox®, Google Drive™, OneDrive®, and SharePoint®. Export files to Microsoft Word®, Excel®, and PowerPoint® with a single click.

CAD Pro has helped thousands of homeowners, professional designers, builders and contractors plan and design all types of moneymaking home interior projects. CAD Pro is used by NARI professional remodelers and contractors and the NRCA roofing contractors. CAD Pro is also used by NHBA home builders and contractors as well as the National Kitchen & Bath Association (NKBA).

money making home interior projects

Moneymaking Home Interior Projects Improve Home Value

Top Rated Moneymaking Home Interior Projects

ONE: Interior Painting
Homeowners typically spend: $975 – $2,800
Biggest cost driver: Size of job, type of walls and ceilings.

Painting is one of the quickest moneymaking home interior projects that will improve your home’s interior and give it a whole new look and sensation.

Here are two questions you need to consider. What color will you select? And what paint finish you will use? It’s worth taking the time in advance to consider your color palette, because it’s much easier to change your mind before the paint rollers get going. These questions will have an impact on your home interior project cost details. Your painting professional or paint store will be able to provide color swatches and samples to see how things will look. And you might also consider consulting with an interior decorator. Don’t forget how the floors, ceilings, baseboards and trim will interact with the new look. The finish plays a big role as well as your choices from matte to glossy. In addition to swatches, you can also apply paint samples to the wall. This way, you can see how the color interacts with the light and décor.

The scope and size of the job is an important cost indicator. Textured walls will take longer to paint, for example, and some paints dry more quickly than others, which lowers the labor cost.

Since a painter is already going to be paying close attention to your molding, baseboards and trim, this is an excellent time to inspect those areas for cracks, warps or other issues. Many painters can fix those items themselves which improve this moneymaking home interior project.

TWO: Kitchen Remodeling Costs
Homeowners typically spend: $12,700 – $34,500
Biggest cost driver: Appliances, cabinets

A kitchen remodel is one of the biggest and most expensive moneymaking home interior projects in short of an addition or whole-house remodel. Careful planning can help you realize the kitchen of your dreams, just as failure to plan can quickly devolve into a nightmare and become very costly.

This is a job in which you’ll have to be ready to grit your teeth and pay out serious money for things like cabinets, appliances and fixtures. It’s likely this will be a once-in-a-lifetime remodel for you, so it’s worth it to spend more to get it right. Using high-quality materials and going for the fixtures and appliances you really want will help ensure you’ll value and enjoy your kitchen for many years to come.

Important Consideration:
Consider remodeling your kitchen in the summertime so you can use your grill and outdoor eating area. You can also set up a backup kitchen complete with refrigerator, microwave and hot plate. This will help with your home interior project cost details. In any case, be prepared to eat more takeout than usual.

THREE: Bathroom Remodeling Costs
Homeowners typically spend: $5,900 – $14,500
Biggest cost driver: Plumbing, fixtures and countertops.

Be prepared for unexpected and costly infrastructure shifts on a bathroom remodel, because plumbing is expensive to move. If you can get away with remodeling without changing the layout of the plumbing. And if you move ahead with changing the layout, be aware that moving a toilet across the room will cost far more than the price of the toilet itself.

Moneymaking home interior projects such as bathroom remodels often involve the customization of some features, be ready for the timeframe to shift. You’re entirely at the mercy of the supplier’s schedule and inventory. If possible, select your components early on and wait until they’re delivered to start demolition. And if you do start without fixtures in hand, be ready with a backup plan for when (not if) something gets delayed.

In addition to the obvious plumbing concerns, many bathrooms have no windows. So, consider lighting and air circulation. Exhaust fans are highly recommended to prevent mold and keep air circulating. These items will impact your home interior project cost details.

FOUR: Flooring
Homeowners typically spend: $2,600 – $8,500 (wood), $1,600 – $4,200 (laminate)
Biggest cost driver: Materials and difficulty of installation.

Flooring is one of the most popular moneymaking home interior projects. Flooring work presents dangerous temptations to be penny-wise and pound-foolish. Take care with decisions where saving a few bucks may subtract years off the floor’s usable life. Flooring installation is best left to the professionals. If you blow it on a DIY job, you’ll often end up buying materials all over again. And take care to purchase high-quality materials; the dollars spent can translate into decades of floor life.

You especially don’t want your contractor to skimp on preparation. Experts say floors often fail because the contractor didn’t verify the subfloor’s flatness. These mistakes will have a big impact on your home interior project cost details.

Hardwood flooring costs range from $2 to $30 per square foot, depending on the specific wood. Pros say engineered hardwood makes an excellent compromise because of its affordability and durability, at around $8 per square foot. Laminate flooring costs less than wood, at between $0.70 and $2 per square foot. But laminate is not as durable as hardwood.

If you decide to add or replace windows to your kitchen or bathroom remodeling job. Here are a few we recommend; Renewal by Anderson , Pella Windows and Doors , Jeld Wen Windows and Doors , Home Depot and Lowes.

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