The Complete Guide to Bedroom Remodel Costs in 2024

Remodeling your bedroom provides a lot of benefits that extend beyond aesthetics. A bedroom remodel can also enhance both the comfort and functionality of your living space, influencing a better quality of life overall. 

In this guide, we’ll discuss the bedroom remodel costs to consider before kicking off your renovation project. You’ll also get a better sense of your bedroom remodel’s return on investment (ROI) and budgeting tips for a smoother bedroom renovation. 

Average cost of a bedroom remodel

Bedroom remodel costs can vary depending on a number of factors (see more below). But, generally, the average homeowner can expect to pay anywhere from $15,000 to $40,000 or more for a full bedroom remodel project. 

Factors affecting bedroom remodel costs

Take into consideration the following factors in your renovation project when estimating bedroom remodel costs. 

Scope of the remodel

What are you planning to change about your bedroom? And why? The answers to those questions will help you kick off a more focused bedroom renovation. 

Ask yourself questions like: 

• Do I want any cosmetic changes? Think: painting, replacing furniture, resurfacing floors.
• How about any structural changes? Think: altering walls, closets, windows, skylights.
• What changes could improve functionality? Think: lighting, built-in storage, insulation, HVAC. 

Size of the bedroom

The square footage of your bedroom can drastically affect your total costs. Consider the total area of walls to be updated, as well as the flooring. You may also need to consider things like closets, doorways, windows, or skylights. If your bedroom has angles that are out of the ordinary, you’ll want to take those into consideration as well, as they could complicate flooring installations. 

Materials

The cost of materials depends on your selections, so be thoughtful about taking inventory of the types of materials you want to source for this bedroom remodel project.

Bedroom remodel materials could include: 

• Flooring (e.g., hardwood, laminate, tile, carpeting, subflooring)
• Walls and ceilings (e.g., paint, paper, decorative paneling, restructuring)
• Windows, doors, and skylights (e.g., fresh trim, insulation, restructuring)
• Electrical rewiring (e.g., lighting, outlets)
• Mechanical installations (e.g., HVAC)
• Plumbing (e.g., if you’re also remodeling an ensuite bathroom)

Labor costs

The bedroom remodel costs of labor will depend on the complexity of your project combined with the professional rates in your area. 

Potential labor costs may include licensed professionals such as: 

• General contractors. You’ll likely need a contractor to lead your project, regardless of the scope of work. 
• Architects or interior designers. You may want to hire an architect and/or interior designer for large-scale remodels to ensure planning and results align with your vision.
• Specialized tradespeople. Depending on your scope, you might need to hire an electrician, plumber, or HVAC specialist for specific tasks. 

Learn more: Our Contractor Vetting Process

Common bedroom remodel projects and their costs

The following are some of the most popular types of bedroom remodel projects. The latest pricing estimates reflect the cost of materials, excluding labor costs. 

Flooring cost estimates

Your chosen type of bedroom flooring materials, as well as the size and shape of the installation area, will determine the cost of flooring in your bedroom remodel. 

Here’s the latest pricing estimates* for some of the popular bedroom flooring materials in 2024:

• Hardwood: $7 to $23

• Tile: $6 to $20

• Carpet: $3.50 to $11

• Laminate: $3 to $10

• Bamboo: $5 to $15

*All estimates reflect the price per square foot.

Learn more: The Complete Guide to Flooring Costs in 2024 

Painting cost estimates

The price of materials for painting your bedroom depends on the size of your room and the brand of paints you use. 

It’s common to paint walls, trim, and ceilings each a different harmonious color. After all, the color palette you choose can have a big effect on your mood, especially in the room where you begin and end your day. You might even want to paint an accent wall to bring a more dynamic feel to your bedroom. 

That said, if you’re on a tight budget, all you really need is one type of paint for your walls and one type of paint for your ceiling. But if you can swing it, there’s a lot you can do with additional paint options. 

The average price per gallon for indoor paint in 2024 is $20 to $100. Things to keep in mind about that pricing: 

• Paint with a glossy finish will cost at least a few dollars per gallon more than a matte finish. 
• One gallon of paint should cover one coat of ceiling paint, and potentially a second coat depending on your bedroom size. 
• You’ll be able to paint your walls about 100 square feet per each gallon of paint. 

Learn more: The Complete Guide to Home Painting Costs in 2024

Lighting cost estimates

Looking to upgrade your bedroom lighting, too? There's a wide variety of options available to suit the different atmospheres you want to create in your remodeled bedroom. The type of lighting you choose impacts the overall comfort and liveability of your bedroom, so it's wise to take the time to consider what best suits your new bedroom vision. 

Here are the average prices for some of the popular bedroom lighting fixtures in 2024: 

• Flush mount ceiling light fixture: $30 to $100

• Pendant lighting: $50 to $250

• Track lighting: $50 to $150

• Recessed lighting: $50 to $100

• Wall mounted lighting: $30 to $100

Remember that if any of your lighting needs to be hardwired (i.e., not simply plugged into the wall or battery operated), you’ll need to hire a licensed electrician for safe installation. That can cost anywhere from $200 to $1,000 or more, depending on rates in your area. 

Furniture cost estimates

If you're taking the time to remodel everything else about your bedroom, isn't it also time for a furniture upgrade? Furnishing your bedroom doesn’t need to be elaborate, unless you want it to be. Typically, there are a few must-haves—like a bed, nightstand, and dresser—plus some nice-to-haves and decor that depend on your routines and vision. 

When selecting pieces for your bedroom, make sure your furniture selection vibes with your taste in every other aspect of your bedroom remodel. You can go higher end with customized furniture from places like Room & Board, boutique designers, or DTC brands. You could go the more budget-friendly route, and shop from places like Wayfair or Target. Or you could even get creative hunting for unique pieces at antique, vintage, or thrift shops. 

Regardless of how you shop for your new furnishings, here are the average prices for some of the popular bedroom furniture in 2024: 

• Bed frame: $300 to $3,000

• Mattress: $300 to $4,000

• Nightstand: $100 to $2,000

• Dresser: $60 to $4,000

• Window curtains: $50 to $500

Budgeting tips for a bedroom remodel

If you are looking to tighten your budget as much as possible, there are a number of ways to cut costs without drastically sacrificing quality. 

The following are some tips for reducing your bedroom remodel costs. 

Choose less expensive materials

As outlined above, there are a variety of materials and products available at a wide range of price points. You can save money by selecting less expensive materials, such as laminate flooring or budget-friendly paint. 

Limit structural changes

Keeping the existing layout and structure of your bedroom can save significant costs compared to making major structural changes. For example, knocking down a load-bearing wall requires a permit, which adds even more to the additional labor costs involved in that work. If you can bring your vision to life without those structural changes, that’s the way to go for a less expensive remodel. 

Remodel during the off-season

You can typically save money by remodeling during the off-season—ideally in the wintertime. Contractors aren’t in as much demand then, which can open up more chances to negotiate pricing. It also means you might be able to get a contractor who is focused on fewer simultaneous projects and able to give yours even more attention. Plus, materials can sometimes be cheaper due to seasonal sales. 

Reuse and repurpose

For furnishings and decor, you can save a lot by identifying pieces you already own and refreshing them somehow. For example, a fresh coat of paint and new knobs can transform an old dresser. Or if you’re crafty with a sewing machine, you could repurpose old textiles into window curtains. 

Learn more: How to Plan Your Renovation Budget 

Return on investment for bedroom remodels

With careful planning and execution, remodeling your bedroom can be a great way to add value to your home and create a space that you will enjoy for years to come. 

The precise ROI will vary depending on the project specifics. For example, if you’re installing new hardwood flooring, your ROI could be as high as 118%. Renovating closets? 83% ROI. 

If you’re not remodeling an existing bedroom, but instead converting another room (such as an office or guest bedroom) into a primary bedroom, you could recoup anywhere from 53% to 75% of the costs by adding a new bedroom to your home. That means, for every $10,000 you spend on your bedroom addition, you could get back as much as $7,500 when you sell your home in the future. 

How to get an accurate estimate for your bedroom remodel

Comparing multiple quotes from different contractors is the best way to get an accurate estimate of your bedroom remodel costs. When you’re ready to start that process, schedule a free consultation with Block Renovation. We’ll match you with top quality contractors based on your project needs, so you can easily compare multiple quotes. 

Block connects you with the resources you need to renovate confidently.