Working from home is becoming an increasingly common trend, prompting more and more homeowners to create a custom home office in their own homes. A dedicated workspace allows you to stay focused and increases your productivity. Using our extensive knowledge and experience from having built several home offices, we have put together a comprehensive guide to creating your dream office no matter what your budget is. If you would like an exact quote on how much your specific home office is going to cost, get in touch with a Refresh renovations specialist today. Alternatively, to learn more about home office costs, keep reading below.
We interviewed Refresh Renovations specialist Leigh McDonald on the matter and he revealed: “Like all renovations, how much a home office costs will depend on the homeowner and their individual needs. There are several factors that play into the cost of a home office, including but not limited to storage, lighting, furniture, layout, functionality, and so on. Based on my experience with building home offices, they can cost anywhere between $1,000 to over $140,000*.”
Although the cost of your home office depends on all these factors, the starting point is figuring out whether you are going to be building a new home office or renovating an existing space into one. If you are transforming an existing habitable space into a home office, you can expect to spend between $700 to upwards of $5,000*. However, transforming a space like a garage or building an entirely new space from scratch can cost anywhere between $25,000 to $140,000*, depending on the scope of your renovation.
Converting an existing underutilised part of your home into an home office can save you a lot of time and money. This can cost anywhere between $700 to over $5,500*, depending on the scope of your project.
Although this type of home office renovation can be completed faster and will be less intrusive than adding a new space, it is limited by the dimensions of the existing room, unless you are willing to make elaborate alterations.
Generally, adding an extra room in your home to accommodate a home office can set you back between $15,000 to over $50,000*. Doing so comes with several pros such as the potential to increase your home’s value and the ability to control every aspect of your home office’s design.
By building your home office from scratch, you will be able to create your dream workspace, taking all factors into consideration such as how you are planning to use the space. Refresh’s team of experienced designers and architects can take all your ideas and turn them into achievable concepts. After you are satisfied with every aspect of the initial design, our renovation specialists can make these concepts a reality.
If you are looking to create a basic home office and already have available space such as an underutilised bedroom, you can create your own home office for as little as the cost of entry-level furniture. Renovation specialist Leigh McDonald says you can create a budget home office for as little as $1,000*. However, this is under the assumption that you already own items like a computer and printer. Taking the purchasing of electronic items and other amenities in account, you can have yourself a home office for between $4,000 to $5,500*.
Creating a personalised home office on a mid-range budget allows you to design a more bespoke space. This includes building custom storage cabinets or creating an idea specifically for meetings. A mid-range budget for a home office would be between $7,500 to $30,000*, depending on your specific wants and needs.
For homeowners who want to feel like the boss in their own home, a high-end office will include an executive desk and chair, custom cabinetry, heating/cooling, and perhaps even a small bar or space for a secretary. A high-end office can set you back anywhere from $30,000 to upwards of $100,000*. This allows you to design an office specifically to meet your functional needs and gives you full control over its design and build.
Yes, when considering the budget for your home office, you should also take into consideration the furniture, storage options, lighting solutions, walls, flooring, soundproofing, and connectivity. To read more about this and find out more about creating a custom home office, visit this page.
If you are ready to get started on designing and building your home office, get in touch with a local renovations specialist for a free consultation and an exact quote that fits your budget.
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If you would like to find out how Refresh Renovations can support you with a high quality, efficient home renovation, get in touch today. Your local Refresh consultant will be happy to meet with you for a free, no obligations consultation.