How Much Does a Gut Renovation Cost?
A gut renovation costs $100 to $250+ per square foot depending on the property size, location, finish level, and scope. For a typical 1,500 sqft home, total cost ranges from $150,000 to $375,000. Luxury finishes, structural changes, and high-cost-of-living markets push costs to the upper end.
Cost by property size
| Property Size | Budget Range | Mid-Range Estimate |
|---|---|---|
| 1,000 sqft | $100K-$250K | $150K |
| 1,500 sqft | $150K-$375K | $225K |
| 2,000 sqft | $200K-$500K | $300K |
| 2,500 sqft | $250K-$625K | $375K |
Factors that increase gut renovation cost
- Structural changes: Moving walls, adding rooms, changing rooflines adds $20K-$80K.
- High-end finishes: Custom cabinets, stone countertops, hardwood floors vs. budget alternatives.
- Older homes: Pre-1960 homes often need asbestos remediation, lead paint abatement, and code upgrades that newer homes do not.
- Market location: Labor and material costs in New York, San Francisco, or Los Angeles run 30-50% higher than national averages.
- Permitting complexity: Historic districts or HOA-regulated communities add approval timelines and required materials.
For a detailed breakdown by renovation category, see our full gut renovation cost guide. Use a rehab cost estimator for property-specific projections. For less extensive renovations, see our gut renovation overview, bathroom costs, and replumbing costs.