How to Budget for a Remodel in Coeur d’Alene

theidahoanllc
Sep 18
3 min read

Thinking about remodeling your home in Coeur d’Alene or Northern Idaho? Whether it’s updating your kitchen, refreshing your bathroom, or tackling a full home renovation, one of the biggest questions homeowners face is: how do you budget for a remodel?

Remodeling is exciting, but without a solid financial plan, costs can quickly spiral. The good news is that with some planning and smart choices, you can create a remodel budget that keeps your project on track while adding long-term value to your home.

Step 1: Define Your Remodeling Goals

Before crunching numbers, take time to clearly define your goals. Are you remodeling to increase resale value, improve functionality, or simply refresh outdated spaces?

In Coeur d’Alene, many homeowners remodel to:

Modernize older homes near downtown or the lake.
Upgrade kitchens and bathrooms to add luxury and resale value.
Create open floor plans that fit today’s lifestyle.
Build outdoor living spaces to enjoy North Idaho’s natural beauty.

Knowing your “why” helps determine where to spend and where to save.

Step 2: Understand Remodeling Costs in Northern Idaho

Remodel costs vary depending on project scope, materials, and contractor expertise. In 2025, average remodels in Coeur d’Alene fall into these ranges:

Bathroom Remodel: $15,000–$40,000
Kitchen Remodel: $25,000–$85,000+
Full Home Renovation: $100,000–$300,000+
Outdoor Spaces (decks, patios, covered porches): $10,000–$50,000+

These numbers reflect local labor rates and material costs, which can differ from national averages.

Step 3: Prioritize Your Must-Haves

Every remodel has a wish list, but not every item can fit into the budget. Make two lists:

Must-haves: Structural fixes, essential upgrades, safety improvements.
Nice-to-haves: Luxury finishes, high-end appliances, or design extras.

For example, in Coeur d’Alene, many homeowners prioritize quality cabinetry, durable flooring, and energy-efficient windows while saving on trendy finishes that may change over time.

Step 4: Get Multiple Estimates

Costs can vary widely between contractors in Northern Idaho. Always get at least 2–3 estimates from licensed professionals in Coeur d’Alene. This not only gives you a realistic price range but also helps you gauge which contractor best understands your vision.

Step 5: Plan for Hidden Costs

Unexpected expenses are common in remodeling—especially in older Coeur d’Alene homes. Plumbing issues, electrical upgrades, or structural surprises can add thousands to your project. A smart rule of thumb: set aside 10–15% of your budget for contingencies.

Step 6: Explore Financing Options

Not every homeowner has cash on hand for a major remodel. Options in Northern Idaho include:

Home equity loans or HELOCs
Cash-out refinancing
Personal loans for smaller projects
Contractor financing (when available)

Work with a trusted local lender to see what makes sense for your situation.

Step 7: Think Long-Term ROI

Budgeting isn’t just about what you spend—it’s about what you’ll get back. Remodeling projects in Coeur d’Alene often deliver strong resale returns, especially kitchens, bathrooms, and outdoor living upgrades. A remodel that improves both lifestyle and property value is the smartest investment.

Final Thoughts: Smart Budgeting Means Successful Remodeling

Budgeting for a remodel in Coeur d’Alene doesn’t have to be overwhelming. By setting clear priorities, understanding local costs, and planning for the unexpected, you’ll position your project for success.

Ready to Start Your Remodel in Coeur d’Alene?

At The Idahoan, we help Northern Idaho homeowners plan and manage remodeling projects with confidence. From realistic budgeting to contractor coordination, our team makes sure your remodel is seamless, efficient, and built to last.

Contact us today to start planning your remodel in Coeur d’Alene.