How Much Does It Cost to Remodel a Living Room in NYC? [2024 Data]

Remodeling a living room not only enhances the aesthetics of your home but also improves functionality and increases property value. In bustling cities like New York City, where space is at a premium and design trends evolve rapidly, a well-executed living room remodel can significantly elevate your living experience. However, the cost of such projects in NYC can vary widely due to unique factors such as high living costs, stringent building regulations, and diverse architectural styles.

Average Cost Estimates

The cost of remodeling a living room typically ranges as follows:

• Minor Remodel: nearly $10,000 for basic updates such as new paint and flooring.

• Mid-Range Remodel: $15,000 - $50,000 for additional improvements like built-in cabinets and moderate structural changes. Approximately $853 per linear foot will be added for custom millwork.

• High-End Remodel: $50,000 and above for luxury finishes and extensive structural alterations.

Want to know the exact cost? Call +1 (844) 624-0044 or fill out the form to get a free estimate for your living room renovation in New York City.

Factors Influencing Costs

Here are several key factors contribute to the overall cost of a remodeling or a renovation project:

• Size. A project estimate differs in both the materials used and the labor costs of the workers.

• Design and Planning. Hiring designers or architects to create detailed plans tailored to NYC's specific requirements can incur significant costs.

• Of course, you can start coming up with a design for your living space on your own. But if you need professional advice or want to keep up with the latest trends, the experts at Modern Citi Group are here to help you.

• Materials and Finishes. The choice of materials—from basic to luxury options—greatly influences the budget. High-quality materials often come with a premium price tag. For example, a can of paint can cost anywhere from $20 to several hundred dollars.

• Labor Costs. NYC's and especially Manhattan’s competitive market means higher wages for skilled professionals like general contractors, electricians, and plumbers.

• Structural Changes. Altering the layout or structure of your living room involves additional expenses for engineering and construction work.

Do not forget to get all building permits first – it is crucial to make your renovation project legal.
Jump here to learn more about permits needed in NYC.

• Appliances and Fixtures. Upgrading furniture, lighting, and fixtures to match sophisticated standards can add substantially to your budget. As you realize, furnishing your room with custom-made mahogany furniture will cost a lot more than choosing ready-made solutions from the nearest furniture shop.
  

• Demolition and Removal. Properly removing old materials and debris in compliance with NYC regulations is both necessary and costly.

Tips to Make your Living Space Renovation Cheaper

• Don't rush into buying furniture or supplies until you've researched all the offers. First, make a renovation plan and mark down everything you need to buy. Then study the offers on the market and only then spend your money. The sofa you liked at the first store may be available at another outlet, but a few dozen dollars cheaper.

• With a renovation plan in place, see if you can do some of the work yourself. For example, if you can throw away an old cupboard or take pictures off the walls, your contractor will exclude these jobs from the estimate.
• Make sure you not only have a plan, but also a timeline for your living room renovation. This is important, among other things, in order to get the building permits in time. Some are valid for a limited time, which means you need to have time to complete the work while they are active.
  

If this sounds tedious, opt for a reliable licensed general contractor—Modern Citi Group. This way you can consult with professionals and adjust the estimate so that it is affordable for you, but not at the expense of the quality of the renovation.