Renovating your home is one of the most effective ways to increase the value of a property, enhance functionality, and create a space that reflects your personal preferences. However, housing prices and labor costs are increasing continuously in Canada, and many homeowners are asking: how much does it cost to remodel a 2,000 sq ft house? In this blog post, we’ll explore the average costs of home renovations and the primary factors that influence pricing. Whether you are considering a small bathroom renovation or a complete home renovation, this blog will give you the insights you need to plan with confidence.
What is the Cost of a Full Home Renovation in 2025?
In 2025, the average cost of a full home renovation ranges from $250 to $350 per square foot. However, the cost may vary widely depending on the scope of the project, whether it’s a minor update or a complete renovation. In Toronto, homeowners typically spend between $75,000 and $200,000 on a full home renovation.
Here’s a breakdown of renovation costs by area and finish level:
| Renovation Area | Basic ($/sq. ft.) | Mid-Range ($/sq. ft.) | High-End ($/sq. ft.) |
|---|---|---|---|
| Kitchen | $250 – $350 | $350 – $450 | $450 – $600 |
| Bathroom | $200 – $300 | $300 – $400 | $400 – $500 |
| Living Room | $100 – $200 | $200 – $300 | $300 – $400 |
| Basement | $100 – $150 | $150 – $250 | $250 – $350 |
How Much Does It Cost to Remodel a 2,000 Sq Ft House in Canada?
The cost of renovating a full home varies depending on different factors such as the size of a house, the scope of the work, and the material to be used.
In Canada, the cost to renovate a 2,000 sq. ft. home typically ranges between $240,000 and $500,000, based on an average renovation cost of $120 to $250 per square foot. In Toronto, the average cost for a full-home renovation ranges from $100 to $300 per square foot. For a 2,000 sq. ft. property, here’s what homeowners can expect:
- Basic Renovation: $200,000 to $300,000, which focuses on surface-level updates and minor structural updates.
- Mid-Range Renovation: $300,000 to $450,000 that includes upgrades to kitchens, bathrooms, flooring, and some layout reconfigurations.
- High-End Renovation: $450,000 to $600,000+ that involves complex finishes, custom work, luxury appliances, and major structural changes.
What factors influence the cost of renovating a house?
Several factors significantly impact renovation costs:
- Layout Changes: Changes in the floor plan, such as creating open-concept spaces or enlarging rooms can increase costs. Removing load-bearing walls alone may cost between $5,000 and $10,000 due to required structural reinforcements.
- Electrical & Plumbing Upgrades: Full rewiring or plumbing replacements typically range from $10,000 to $30,000, based on the layout and systems of a home.
- Finish Selections: Choosing high-quality materials like marble countertops or imported tiles can increase renovation costs by 20–30%.
Estimated Renovation Costs by Home Size
| Home Size (sq. ft.) | Basic | Mid-Range | High-End |
|---|---|---|---|
| 1,500 | $150,000 – $225,000 | $225,000 – $350,000 | $350,000 – $450,000 |
| 2,000 | $200,000 – $300,000 | $300,000 – $450,000 | $450,000 – $600,000 |
| 2,500 | $250,000 – $375,000 | $375,000 – $525,000 | $525,000 – $750,000 |
With a full house renovation, you can fully customize your house, increase comfort and long-term resale value. It’s essential to understand key cost factors that influence the cost of renovating a home, as you can make informed decisions to balance personal priorities while creating a budget plan effectively. Furthermore, many of you may be thinking of building a custom home in Ontario, but may have a question: how much to build a house in Ontario? To get the exact cost to build a house in Ontario or anywhere in Canada, you can contact Yellow Vest Construction.
Conclusion
Renovating a 2,000 sq. ft. home is a big decision, but with the right team, you can have the renovation done on time with the desired outcomes. At Yellow Vest Construction, we deliver high-quality, customized renovations that fit your budget.