It’s a good time to be in the remodeling business. During the past two years, the National Association of REALTORS® has seen an increased demand for kitchen upgrades and bathroom renovations specifically. Add to the fact that most homeowners (29%) entrust the entire job to a hired professional and you’re set to make money as a remodeler in 2025.
Here are our four top tips on how you can remodel your remodeling business to increase your income this year. With the right strategy and support, you can make more money while completing fewer remodeling projects.
Offer a Premium Service
What makes offering premium remodeling services such an attractive strategy to make more money is that it allows you to increase your earnings without necessarily increasing your workload. Extras like custom design or guaranteed timelines allow you to charge more per job.
You’ll also attract better clients. The right client isn’t looking for the cheapest quote when they’re shopping for a remodeler. They’re looking for value. After all, they’re investing in one of their biggest assets.
Use Visual Aids for Material Selection
Visual aids like 3D renderings, moodboards, and material samples aren’t just for the convenience of your clients. They’re also revenue-generating and time-saving tools as they can convince indecisive clients. Trying to explain different textures, finishes, and colors without visuals slows down decision-making. The faster you can complete a kitchen or bathroom renovation, the faster you can get paid and tackle your next project.
Using visual aids will also complement your efforts to deliver a premium service. It shifts the focus from cost to looks. If clients can visualize the difference that custom cabinets, for example, can add to the kitchen’s overall look, they’ll understand the value in spending more.
Set Prices Competitively
Offering a premium service is half the battle won. The other challenge is to set the right price for your remodeling service.
Just because you’re offering a high-end service doesn’t mean that you can charge whatever you like. If you price your renovation services too high, you’ll have a harder time to land remodeling projects.
There are a long list of variables you need to consider like:
- The project’s scope
- The size of the bathroom or kitchen
- Labor costs
- Plumbing and electrical work
- Custom requests
- Location
Then, you also need to research what other remodelers charge. Considering these factors and what other remodelers in your area charge will help you to calculate a reasonable rate reflective of the value you deliver. To give you an idea, a basic bathroom remodeling project in Virginia Beach can cost on average between $10,000 and $20,000. For more extensive or custom projects, the average bathroom remodeling costs can be as high as
Join an Established Team of Contractors
The reality is that even if you’re offering a competitively priced premium service and use visual aids to showcase the value of your service, making more money isn’t guaranteed. Being a successful remodeler also requires management and marketing skills.
Finding your next client, quoting, invoicing, and following up on payments are tasks you’ll need to tackle in addition to the actual remodeling work. As it requires your continuous attention, it’s a time-consuming task, even if you’re skilled in this department.
Then, you also need a good reputation. For costly home renovations like a bathroom renovation, kitchen upgrade, or new deck, homeowners tend to turn to larger, reputable contracting teams. It can be difficult to land these types of high-paying remodeling projects, if you market yourself as a solo remodeler.
You can think of an established team of contractors like the foundation of your business. It can act as a support system. You can use their established credibility and the systems they’ve put in place for marketing and project management to do a different kind of building—scaling your remodeling business.
Coradi Contracting Is Hiring
For the past 16 years, we’ve been hard at work building. We haven’t just built kitchens and bathrooms—we’ve built a reputation too. If you’re ready to take on more high-quality remodeling jobs and grow with a team that values your craft, let’s talk.
