What’s the difference between renovation and restoration?

Renovation refers to the process of improving or updating a space, usually for functional or aesthetic purposes. Restoration, on the other hand, involves returning a space to its original or historically accurate state, preserving its original features and materials. While both involve making changes to a space, renovation focuses on modernization, while restoration emphasizes preservation.

What does remodeling consist of?

Remodeling typically involves making changes or improvements to a building or space. This can include renovations such as updating fixtures, painting walls, replacing flooring, or redesigning the layout. The scope of a remodeling project can vary depending on the goals and budget of the individual or organization undertaking it.

What are the two types of remodeling?

Interior remodeling and exterior remodeling are the two types of remodeling. Interior remodeling involves making changes to the inside of a building, such as renovating a kitchen or bathroom. On the other hand, exterior remodeling focuses on improving the outside of a structure, such as adding a patio or replacing siding.

What does a full renovation mean?

A full renovation refers to a comprehensive overhaul of the area of the home being renovated, typically involving significant changes to its structure, layout, and aesthetics. It often includes demolishing existing elements, such as walls or fixtures, and replacing them with new ones. This process aims to completely transform the space, keeping the home area up to date and meeting the desired vision that the homeowner wants.

Renovation And Remodeling: The Differences Explained

Author:

Kara Porter

Feb 25, 2024

•

6-minute read

An image suggestive of renovation and remodeling trends, potentially featuring interior or exterior design changes.

When it comes to updating your outdated kitchen, renovating a bathroom to create a luxurious retreat or revamping your entire home to accommodate a growing family, you want to either renovate or remodel your home. Renovation and remodeling are two terms often used interchangeably, but they contain different aspects of home improvement. Whether you're looking to freshen up your space or wholly transform it, understanding the distinction between renovation and remodeling is essential when talking to a contractor or a mortgage lender.

What’s The Difference Between A Renovation And Remodeling?

Let’s take a closer look into the distinct differences between renovating and remodeling your home.

Renovation	Remodeling
Updating a room or home	Altering floor plans
Small projects that take a couple days	Big projects that take months
Replacing fixtures	Removing and adding walls
Repairing existing structures	Completely tearing down rooms
May not need permits	Will need permits

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What Is A Renovation?

When you renovate your home, you’re making significant changes to your home's structure, layout or design to improve its functionality, aesthetics or both. A home renovation involves transforming your existing living space into something more appealing and tailored to your needs. For example, let's say you have a small, outdated kitchen that doesn't suit your cooking style or accommodate your growing family. In this case, a home renovation could involve:

Installing new cabinets and countertops
Upgrading appliances
Replacing a kitchen tiles

This transformation can provide a more functional and modern kitchen that suits your lifestyle better. When contemplating a home renovation, there are several important factors to consider. First and foremost, you need to establish a clear vision of what you want to achieve with the renovation. Consider your goals, priorities and how the renovation will enhance your living space.

Budgeting is another crucial factor. Determine how much you’re willing to spend on the renovation, and make sure to allocate funds for unexpected expenses. Obtaining multiple quotes from contractors and suppliers is advisable to ensure you’re getting the best value for your money.

Consider the timeframe for the project. Home renovations can disrupt your daily life, so prepare for potential delays. Communicate with your contractor to establish a realistic timeline and make sure to factor in any necessary permits or approvals that may be required.

Furthermore, consider how the renovation will affect your lifestyle during and after the project. Will you need to relocate temporarily? How will the renovation impact your daily routine?

Lastly, research and hire reputable professionals for your home renovation project. Follow up on references, read reviews and ensure they have the necessary licenses and insurance. Clear communication and a good working relationship with your contractor are key to a successful renovation.

Pros And Cons Of Renovations

Renovating a home comes with several benefits, like how much more money you can save when renovating a home versus remodeling it. One of the main advantages of renovating is that it allows homeowners to update and improve their living spaces without needing to demolish and build their homes back up. Another benefit of home renovations is that they can significantly boost the property's value when it's time for you to sell. Investing in capital improvements (a permanent structural alteration or repair to a property that improves it substantially, thereby increasing its overall value) such as upgrading the kitchen or bathroom is a good way to achieve this. When it comes time to sell your property, the added value can help attract potential buyers and potentially lead to a higher selling price.

However, while home renovations have many benefits, it’s important to be aware of the potential drawbacks, like the cost involved. Even though renovations are generally more affordable than remodeling, they can still be a significant financial investment. Homeowners should carefully consider their budget and prioritize the renovations that will provide the most value and satisfaction. Another drawback of home renovations is the disruption they can cause to daily life. Depending on the scale of the project, renovations can lead to noise, dust and limited access to certain areas of the home. This can be especially challenging for families with young children or individuals who work from home. Planning and scheduling renovations carefully can help minimize the disruption, but it’s essential to be prepared for some inconvenience during the process.