How much does a living room renovation cost?
A living room renovation typically costs $10,000 to $40,000, with the average falling around $20,000-$25,000. The wide range depends on your scope:
Light renovation ($10,000-$15,000): Removing a non-load-bearing wall, new flooring, paint, crown molding, and updated lighting. Mostly cosmetic with one or two structural changes.
Mid-range renovation ($15,000-$25,000): Opening up a wall with a beam, hardwood flooring, fireplace surround upgrade, built-in shelving, recessed lighting, and wainscoting or paneling. This is where most homeowners land.
High-end renovation ($25,000-$40,000): Major structural changes, custom built-in cabinetry, premium hardwood floors, stone fireplace surround, coffered ceiling, smart home wiring, and professional design fees.
Labor typically accounts for 40-50% of the total. Materials, permits, and design fees make up the rest. Always add 15-20% contingency — renovations consistently reveal hidden issues behind walls.