The budget for a 2,000 square foot home remodel in Centennial depends on whether you choose a standard or luxury renovation. Based on the 2025 regional cost data provided, the estimated budgets are:
- Standard Remodel: A typical project in Centennial costs between $90 and $140 per square foot. For a 2,000 square foot home, this results in a total budget of $180,000 to $280,000.
- Luxury Remodel: Higher-end projects featuring premium materials and finishes cost between $175 and $275 per square foot. For a 2,000 square foot home, this results in a total budget of $350,000 to $550,000.
Centennial is often considered a middle ground in the Colorado market; while it is more expensive than Colorado Springs, it is generally more affordable than the Denver Metro or Boulder areas. This is attributed to newer construction which often results in lower material markups.
When planning your budget, you should also account for the following:
- Contingency Fund: It is recommended to set aside 10–20% of the total budget for unforeseen structural issues or material changes.
- Home Age: Homes built before 1980 may require additional spending for outdated electrical, plumbing, or structural supports.
- Permits and Labor: Budgeting must include municipal permit fees and local labor rates, which vary by county.
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