What others are spending with Bolster

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Per Square Foot:

   12% spend under $200 psf
   73% spend $200 to $400 psf
   15% spend over $400 psf


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Per Project:

   65% spend $170K to $500K
   20% spend $500K to $1M
   15% spend $1M to $2M

Figures include Architect, 3rd Party and all Build Costs.

 

$151 - $200 psf

The quality of the finish is good (grade A) with good attention to detail but reliant on big-box store sourced cabinetry, MDF etc. 

 
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$151 psf
Cosmetic Renovation
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$161 psf
Parlor Floor Renovation
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$200 - $400 psf

The quality of finish is high (grade AA) and customized with fine finishes and materials being used that can last years, if not, a lifetime.

 
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$214 psf
Gut Renovation
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$250 psf
New Kitchen & Bath
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$288 psf
Gut Renovation
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$400+ psf

The quality of finish is the highest possible (grade AAA) and labor-intensive, with every surface bespoke, durable and beautifully finished.

 
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$442 psf
Gut Renovation
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$513 psf
Gut Renovation
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A great way to approach your project at the early stages is to have either a fixed budget with a flexible scope of work or a fixed scope of work with a flexible budget–but not both.
 

 — David Yum, AIA

 
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Baseline costs

Here are the starting prices per square foot for quality renovations in New York City.

 

New Bathrooms

$200 psf

Assumes basic bathroom renovation with no moving of waste or supply lines, light switches or outlets. Includes replacing some electrical and plumbing, some basic carpentry & finishes and basic appliances.

New Kitchens 

$400 psf

Assumes basic kitchen renovation with no moving of waste or supply lines, light switches or outlets. Includes replacing some electrical and plumbing, some basic carpentry & finishes and basic appliances.

Full Renovations

$200 psf

Assumes basic kitchen and bathroom renovation with no moving of any waste or supply lines, light switches or outlets. Also includes replacing some electrical and plumbing, some basic carpentry & finishes.

Gut Renovations  

$300 psf

Also includes combinations and conversions. Assumes full kitchen and bathroom renovation with new electrical and plumbing, moving a wall, a new HVAC installation, window replacement, carpentry & finishes and new flooring throughout.

 

 

Every project is unique–just like you. ;)

With over 2,000,000 homes in New York City, no two projects are ever the same. Here's a few variables that will affect your project’s cost.

 

Hiring an architect

If your project requires an architect, expect to pay a minimum of $20,000 and up to 20% of your project's total cost. 

Walkup vs. elevator

If you live in a walkup without an elevator, your contractor will have to budget for having material and waste carried up and down flights of stairs.

Staying or going

If you are planning on living in your home during your renovation, your contractor will have to budget for working around you. 

 

Building rules

If your co-op or condo building restricts working hours or requires additional protections, your contractor will have to budget for these conditions.

Concrete vs. sheetrock

If your walls are solid concrete rather than sheetrock, gut renovations and electrical work may be more expensive. 

Moving systems

Expect to pay extra if you have to replace your plumbing, move your waste or supply lines or reposition your electric panel. 

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