This guide to major renovations covers essential renovations, including electric, plumbing, HVAC, foundation, structural, roofing, windows, flooring, finishing, cabinets, vanities, drywall, and paint. Renovating an inherited property involves significant risk, especially if the property needs major repairs. Each section in this guide to major renovations includes a step-by-step checklist, average market costs, and estimated time required in Ohio.
1. Electrical Work
Average Market Cost in Ohio: $3,000 – $8,000
Time Required: 1-3 weeks
Checklist:
- Assessment: Hire a licensed electrician to inspect the current electrical system.
- Permits: Obtain necessary permits from local authorities.
- Wiring and Panels: Replace outdated wiring and upgrade the electrical panel if needed.
- Fixtures: Install new light fixtures, outlets, and switches.
- Safety: Ensure all work meets current safety standards and codes.
- Inspection: Schedule a final inspection to ensure compliance.
2. Plumbing
Average Market Cost in Ohio: $2,000 – $6,000
Time Required: 1-2 weeks
Checklist:
- Assessment: Have a professional plumber inspect the existing plumbing system.
- Permits: Obtain the necessary permits.
- Repairs: Fix leaks, replace old pipes, and update fixtures.
- Water Heater: Consider replacing the water heater if it’s outdated.
- Inspection: Conduct a final inspection to ensure everything is up to code.
3. HVAC System
Average Market Cost in Ohio: $5,000 – $12,000
Time Required: 1-2 weeks
Checklist:
- Assessment: Hire an HVAC specialist to evaluate the current system.
- Permits: Obtain permits if required.
- Replacement: Install a new furnace, air conditioner, and ductwork if necessary.
- Efficiency: Ensure the new system is energy-efficient.
- Inspection: Have the system inspected after installation.
4. Foundation Repairs
Average Market Cost in Ohio: $3,500 – $10,000
Time Required: 2-4 weeks
Checklist:
- Assessment: Hire a structural engineer to inspect the foundation.
- Permits: Obtain the necessary permits.
- Repairs: Address cracks, sinking, or shifting with professional repair services.
- Waterproofing: Consider adding waterproofing measures to prevent future issues.
- Inspection: Schedule an inspection after repairs are completed.
5. Structural Repairs
Average Market Cost in Ohio: $2,000 – $20,000
Time Required: 2-6 weeks
Checklist:
- Assessment: Have a structural engineer assess any damage.
- Permits: Obtain required permits.
- Repairs: Fix damaged beams, joists, and load-bearing walls.
- Reinforcement: Reinforce weak areas as needed.
- Inspection: Ensure a final inspection is conducted.
6. Roof Repairs
Average Market Cost in Ohio: $5,000 – $15,000
Time Required: 1-2 weeks
Checklist:
- Assessment: Hire a roofer to inspect the roof.
- Permits: Obtain necessary permits.
- Replacement: Replace damaged shingles, underlayment, and flashing.
- Gutters: Ensure gutters and downspouts are in good condition.
- Inspection: Conduct a final inspection to ensure proper installation.
7. Window Replacement
Average Market Cost in Ohio: $300 – $700 per window
Time Required: 1-2 weeks
Checklist:
- Assessment: Evaluate the condition of existing windows.
- Permits: Obtain permits if required.
- Selection: Choose energy-efficient replacement windows.
- Installation: Hire professionals for installation.
- Inspection: Ensure windows are properly sealed and inspected.
8. Flooring Replacement
Average Market Cost in Ohio: $3 – $10 per square foot
Time Required: 1-2 weeks
Checklist:
- Assessment: Assess the condition of current flooring.
- Permits: Obtain necessary permits.
- Selection: Choose appropriate flooring materials (e.g., hardwood, tile, carpet).
- Installation: Hire professionals for installation.
- Inspection: Ensure proper installation and finish.
9. Finishing Replacement
Average Market Cost in Ohio: $500 – $5,000
Time Required: 1-2 weeks
Checklist:
- Assessment: Evaluate the condition of baseboards, moldings, and trim.
- Selection: Choose new finishing materials.
- Installation: Hire professionals to install new finishes.
- Inspection: Ensure finishes are properly installed and inspected.
10. Cabinet and Vanity Replacement
Average Market Cost in Ohio: $2,000 – $10,000
Time Required: 1-2 weeks
Checklist:
- Assessment: Evaluate the condition of existing cabinets and vanities.
- Selection: Choose new cabinets and vanities that fit the space and style.
- Installation: Hire professionals for installation.
- Inspection: Ensure proper installation and finish.
11. Drywall Replacement
Average Market Cost in Ohio: $1.50 – $3.00 per square foot
Time Required: 1-2 weeks
Checklist:
- Assessment: Check for damaged drywall.
- Permits: Obtain necessary permits.
- Replacement: Remove damaged drywall and install new sheets.
- Finishing: Tape, mud, and sand the drywall for a smooth finish.
- Inspection: Ensure proper installation and finish.
12. Painting
Average Market Cost in Ohio: $2 – $6 per square foot
Time Required: 1-2 weeks
Checklist:
- Assessment: Evaluate the current paint condition.
- Selection: Choose high-quality paint in neutral colors.
- Preparation: Prep walls by cleaning, sanding, and priming.
- Painting: Apply paint evenly using professional techniques.
- Inspection: Ensure a smooth and even finish.
Conclusion
Renovating an inherited property requires careful planning, professional assessments, and adherence to local regulations. This comprehensive guide and checklist help ensure that all major renovations are completed efficiently, safely, and cost-effectively.
Please let us know if you need assistance with any major renovation projects. We have created relationships with contractors and remodelers. If you want to sell the property without doing any repairs call me at 614 961 0169. To discuss all options.
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