Building an interior wall in your home can serve many purposes, both for your own functional use and to increase your home’s value. By some estimates, adding a partition wall to create an additional bedroom can boost your home’s resale value by 15%. To decide whether the value is worth the cost to build a wall, you will need to determine how much it would cost to build a wall and calculate the benefit of having an additional room.
How much does it cost to frame a wall? The average cost of an interior wall can be anywhere from $7 to $16 per square foot, but variables can drastically affect the final price tag. If you’re contemplating this project, do your research and learn more about adding a wall to a room, ways to save money and how to finance your home renovation project.
Major costs to frame a wall
When estimating the cost to build a wall, you will need to consider several factors. These include the overall size of the wall, how it’s built and any modifications that need to be made, such as the addition of doors or windows.
Wall size and thickness
The biggest factor influencing the cost to build a wall is the size of the project, including length, height and thickness.
To calculate the size of your wall in square feet, multiply the length of the desired wall by the ceiling height. You’ll also need to know how thick the wall will be. This typically ranges from 2.5 inches to 6 inches. The thicker the wall, the more expensive it will be, but thicker walls have better insulation and sound protection between rooms.
Type of framing
The cost to frame a wall is also a factor in determining the final price of adding a wall to a room. This requires more advanced construction knowledge that should be left to your contractor, but different framing types, the spacing of studs and whether or not any corners are included are all elements to consider.
Windows and doors
The cost to frame a wall will usually increase with each window or door that is added. This is because the studs that support the wall structure must be taken out and the weight redistributed to make room for each opening. If you’re adding a bedroom, you’ll probably need at least one door, which will cost more. Installing a partial wall between a kitchen and living room with no opening will typically be cheaper.
Interior walls often consist of some combination of wood, plaster, drywall, insulation and steel. If you choose a custom finish, like brick, cork, tile, glass or metal, your costs will most likely go up. Additional decorative features such as fancy trim will also drive up the price. A good contractor can help you choose the best wall materials for your budget.
Most – if not all – of the walls in your home contain some sort of electrical wiring, which powers your outlets and lighting. You may have to hire an electrician depending on the complexity of the electrical work needed, which can easily increase the cost to build a wall.
Is it worth it to add an interior wall?
Adding an interior wall may be worth it, depending on your situation. It can allow you to create an extra bedroom, add a home office, or install closets. An interior wall may also separate your kitchen and living or dining room or finish your basement.
If you’re short on space but don’t want to move, an interior wall may be the ideal solution. It may also improve the overall aesthetics of your home, especially if you’re displeased with the floorplan or lacking storage.
How do I save money for home improvements?
Home improvements like framing a wall are expensive. To save some cash on them, consider the following strategies:
- Cut your expenses: Look at your bank and credit card statements to figure out if you can reduce or eliminate any expenses. The fewer expenses you have, the more you can allocate toward your projects.
- Open a designated savings account: Even if you already have a savings account, it’s a good idea to open another one for home improvements. You’ll find it easier to keep track of your progress and resist the temptation to use your savings on other expenses.
- Design a savings strategy: Maybe you set aside a certain percentage of your income for home improvement projects each year. Or perhaps you distribute a certain amount of dollars to your home improvement savings account each month. Create a savings strategy that works for you and stick to it.
What are my financing options for framing a wall?
Even the most basic interior wall construction will likely cost thousands of dollars, and not everyone has that kind of money lying around. Fortunately, there are still plenty of ways to finance the project. These three financing options are more accessible than you might think and could all be great sources of funds, depending on your personal circumstances:
- Personal loan: When you apply for a personal loan you are given an interest rate based on your credit score and financial information. A personal loan is a great way to finance a wall addition if you have a great credit score or if you don’t have much equity in your home.
- Home equity loan: A home equity loan is a lump sum loan that is borrowed against the equity in your home and is commonly referred to as a second mortgage. The cost to build a wall is an investment in your home’s market value so a home equity loan would make sense.
- Home equity line of credit: A home equity line of credit, or HELOC, is unique in that you’re given access to a line of credit that you can borrow from up to a certain amount rather than a lump sum. You should consider a HELOC if you’re unsure how much your new wall will cost or if you don’t know how much of the project you’ll be able to pay out of pocket.
The cost to frame a wall can add up quickly. Before you move forward with this project, reach out to several contractors for accurate quotes. Then, determine how you’ll pay for it. If you decide to finance all or part of wall framing, be sure to make your payments in time and in full. This way you can keep your credit in good shape and open the doors to other home improvements down the road.