If you’re thinking about rewiring your home, you’re probably wondering about the cost and how much it varies between homes.
Rewiring your home can cost between $2,000 and $20,000.
That’s quite a price gap and the exact cost can vary. That’s why it’s a good idea to know what factors influence the cost of rewiring your home.
Some factors that can affect the cost are:
Our general recommendation is that a home needs rewiring if there are frequently blown fuses, flickering lights, and hot or discolored plates. For an exact estimate for your home rewiring project, you’ll need to contact a professional.
But we’ll give you a detailed explanation of how the cost factors above influence the overall cost of rewiring your home.
Learn more about our whole-home rewiring services.
Does your home need rewiring ASAP? Call Michael & Son Today.
One of our highly-qualified electricians can visit your home and identify what type of rewiring you need for your home. At Michael & Son, our electricians provide fast, reliable, and up-to-code rewiring services, along with honest pricing and superb customer service.
Cost Factor #1: The age & size of your home
The older and larger your home is, the more it will typically cost to rewire your home.
The age of your home can affect rewiring costs if the wiring is not accessible.
For example, different methods of rewiring may be required to preserve the antiquity of the home. As a result, older homes may require holes in the walls, which can increase the cost of labor and resources.
If you have a larger home, you may have a lot of wiring running through it. Therefore, more labor and resources may be required that increase the cost. However, size isn’t always a factor. In some instances, some 2,000 square foot homes are more accessible and more cost-efficient for rewiring than other 2,000 square foot homes.
Here is an estimated cost assessment of rewiring your home based on square footage.
- 1,000 sq. ft. - $2,000 to $4,000
- 1,500 sq. ft. - $3,000 to $6,000
- 2,000 sq. ft. - $4,000 to $8,000
- 2,500 sq. ft. - $5,000 to $10,000
- 3,000 sq. ft. - $6,000 to $20,000
These prices are based on accessible wiring and no major upgrade to the panel.
Cost Factor #2: Wall damage
Repairing or opening walls can sometimes increase the cost of rewiring your home.
Some wiring may be located behind walls. An electrician may need to tear out or through a wall to run new wiring and then install new drywall, which could increase the costs.
If extensive wiring is needed throughout the home, some switches and outlets may need to be replaced along with wall repair, which can increase the cost.
Running wire through a home is more expensive than running it through the basement or the attic because of the structural integrity of the home. Adding wall repair costs can be estimated at around $5 to $9 per square foot.
Cost Factor #3: The type of wiring in your home
If your home’s original wiring contains the “knob and tube method,” it can typically increase the price to rewire.
Older homes will sometimes have wiring that is considered unsafe. This unsafe wiring is the “knob and tube method.”
If this is the case, it can be a more tedious and time-consuming process than other rewiring methods. Since the process is longer, the cost will typically increase in homes with this method of wiring.
Cost Factor #4: Electrical panel needs to be replaced or upgraded
In some instances, upgrades to your electrical panel are needed during a rewiring project. Older homes will especially need upgrades to their electrical panels after rewiring because older electrical panels cannot handle the new electrical output. Replacing an electrical panel can cost between $800 and $4000.
If your home electrical panel contains less than 100 amps, you’ll likely need an upgrade.
Cost Factor #5: Who you hire
Higher quality electricians typically charge more for whole-home rewiring projects, but can ultimately save you down the road.
Before hiring a contractor, take into consideration:
- Licenses (depending on the state)
- Past experience rewiring homes
- If they have insurance
- Their rates and an upfront quote
- If there is a warranty
Paying for a more experienced electrician ensures your home is rewired correctly.
You’re also assured of you and your family’s safety. While you may want to save a few bucks, it’s essential that you find an electrician who not only has the credentials but has performed similar jobs.
An electrician who understands the rewiring process, especially in older homes, can provide a guarantee that there won’t be any electrical fires and your home won’t need to be rewired again.
Get your home rewired with Michael & Son today.
For an accurate quote on your home rewiring project, give us a call. At Michael & Son, our electricians provide honest assessments and pricing along with remarkable customer service.