Whole-House Renovation Contractor

Manage complete whole-house renovations and gut-rehabs transforming entire homes through comprehensive remodeling projects

Startup Cost
$50,000-$200,000
Difficulty
Advanced
Time to Profit
12-24 months
Profit Potential
$33,000-$125,000/month

Overview

Whole-house renovation contractors manage comprehensive home renovations - complete gut-rehabs, historic restorations, and major whole-house remodeling projects transforming entire homes.

These are large complex renovation projects.

Whole-house renovations range from $150,000-$750,000+ with 15-25% contractor margins.

Completing 5-12 whole-house projects annually generates $400,000-$1.5M+ in revenue with 15-25% net margins.

Target clients include homeowners doing major renovations, property flippers and investors, historic home restoration, estate sales requiring updates, downsizers wanting perfect smaller home, and high-end renovation clients.

Services include whole-house project planning and design, structural and systems updates, complete interior renovation, kitchen and bathroom remodels, finish carpentry and details, and historic preservation (if applicable).

Success requires managing large complex projects, coordinating many trades simultaneously, handling structural and systems work, working with architects and engineers, managing large budgets and schedules, and potentially historic preservation expertise.

Many whole-house renovation contractors specialize in home types or eras (historic homes, mid-century, etc.), work with architects on design, potentially focus on high-end luxury renovations, serve property investors doing major rehabs, emphasize project management and communication, and build reputation through stunning completed transformations.

Required Skills

  • Large Project Management
  • Multiple Trades
  • Structural Work
  • Budgeting
  • Client Communication

Pros and Cons

Pros

  • Large project revenues
  • Showcase transformative projects
  • High-end client opportunities
  • Can demonstrate full capabilities
  • Significant contractor fees per project

Cons

  • Very large project complexity
  • Long project timelines (months)
  • Significant capital requirements
  • Managing homeowner through major disruption
  • Discovery of structural issues

How to Get Started

  1. Gain extensive renovation experience
  2. Obtain general contractor license
  3. Build comprehensive trade network
  4. Develop whole-house project management
  5. Get bonding and large project insurance
  6. Create renovation portfolio
  7. Market to homeowners and investors

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