Definitions (2) 1. A measure of the average distance between each of a set of data points and their mean value; equal to the sum of the squares of the deviation from the mean value. 2. In accounting, the difference between the actual cost and the standard cost for direct material, labor and overhead.
Whole-house remodels on homes less than 1,000 square feet generally cost about $18347, while it may cost $22417 to update a home of 1,000-2,000 sq. ft., $28904 for 2,000-3,000 sq. ft., and $36121 for homes between 3,000 and 4,000 sq. ft.
When a house has incurred enough damage or occupies a desired spot for a new building, sometimes your best option is house demolition. In this cost guide, we'll examine the average costs of demolishing a 1500 sq.ft. house, which is $18,000 on average. There are different types of demolitions and methods, some of which may suit your needs and property better than others.