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Speaking to a tax skilled can help you better perceive how capital enhancements may affect your tax state of affairs. You then promote your personal home for $500,000 after dwelling there for 10 years. Ahome remodel designer costs$450 to $1,500 per room,10%of the total finances, orup to 25%in management charges to supervise contractors during transforming. The average price of renovating a 100-year-old home is$100,000 to $250,000or between$100 and $200 per square foot.