Remodeling involves changing the structure or form of something, often including significant alterations to the layout or function of a space. Renovating is more about restoring or updating something without major structural changes, often to bring it back to its original condition or to update its appearance.

Whether to remodel or rebuild depends on the condition of your current structure, your budget, and your goals. Remodel if the structure is sound and you wish to update or change its function. Rebuild if the structure is unsound, you’re seeking a completely new design, or remodeling costs approach or exceed the price of rebuilding.

3 Types of Renovation:

• Cosmetic renovation: Updating the look of a space without altering its structure (painting, new fixtures).
• Partial renovation: Making significant changes to parts of a property but not demolishing it entirely (kitchen remodel, adding a bathroom).
• Full renovation: Overhauling the entire property, which may include structural changes.

Typically, cabinetry and hardware account for a significant portion of the cost in a kitchen remodel, followed by appliances and labor costs.

Planning and design come first, including obtaining necessary permits. Then, demolition and structural work begin, followed by electrical, plumbing, and other mechanical installations, and finally finishing work like painting and flooring.

Often, renovating can be cheaper than buying a new home, especially when considering closing costs and moving expenses. However, this depends on the extent of the renovations and the market conditions.

Kitchens and bathrooms typically add the most value to a house, followed by an added or renovated master suite.

Yes, $100k can be enough for a significant renovation, depending on the size of your home, the extent of the renovations, and your geographic location. Prioritizing your projects and budgeting wisely is key.