The scale of your house renovation should be dictated by the scale of the home itself. According to Home Advisor, the typical cost for a home remodel is anywhere from $18,439 to $75,850, a rough reflection of differences in square footage among surveyed properties.
There are standard remodeling rules of thumb regarding how much to spend on each room. In general, you never want to spend more money improving a room than the room’s value as a percentage of the total home value.