A Comprehensive Guide to Your Luxury Home Remodel in Minneapolis

HOw to Assemble a world-Class Design Team

The first step to a successful home remodel is assembling a design team that can bring your vision to life. A luxury remodel is about more than aesthetics; it’s about orchestrating a seamless blend of function, style, and quality craftsmanship.

Start with an Experienced Interior Designer

An interior designer—preferably one with expertise in luxury projects—is your most important collaborator. They will set the tone for the entire project, aligning the home’s layout, materials, and finishes with your lifestyle and personal tastes. Look for designers who have a portfolio of high-end projects and a list of accolades that showcase their skill, and creativity.

A world-class interior designer will do more than just make your home beautiful; they’ll also act as your advocate, helping to manage architects, contractors, and vendors throughout the process.

At LiLu Interiors we have 40 years of combined experience that makes us a great fit for discerning clients who want a personality-driven interior that functions smoothly and exceeds your expectations for beauty and customization.

Engage a Trusted Architect

For projects that involve major structural changes, an architect is essential. A great architect understands how to preserve or enhance the character of your high-value property while improving the functionality of your space. Your interior designer and architect should work in harmony to ensure the big-picture vision aligns with finer design details.

Collaborate with a Skilled Contractor

The right contractor is critical for bringing everything together. They’ll oversee the actual construction process, ensuring the work adheres to the agreed design and timeline. Vet your contractor carefully, looking for professionals who have experience with high-end remodeling projects and a deep network of trusted subcontractors.

If you don't have a list of contrators to draw from we can help you find one who will be a good fit for you.

Consider Specialists for Bespoke Elements

If your remodel includes unique features—like custom cabinetry, artisanal finishes, or climate-controlled wine rooms—engage specialists who can provide the craftsmanship your home deserves.

We have been working closely with local and national craftsmen to create the finest finished interiors with details that are uniquely you for 30 years. We always keep a close eye out for new talent as well as relying on our established trusted partners.

How to Budget for your Luxury Remodel

For luxury homeowners, remodeling isn’t about cutting corners—it’s about achieving perfection. But a realistic budget is essential to ensure your project stays on track while delivering the exceptional results you expect. Here’s how to prepare accordingly:

Be Honest About Your Vision

Start by clearly defining what you want to achieve with your remodel. Are you updating a single room, reimagining a specific space, or renovating your entire property? The scale of your plans will determine the scope and corresponding cost.

Understand the Investment

A high-quality remodel typically costs between $250 and $500 per square foot, though this could go higher depending on the customization level and finishes. On average, plan for luxury kitchens and bathrooms to account for a significant portion of your budget, as these spaces often require bespoke materials and specialized labor.

Set Aside 10-20% for Contingencies

Even with the best planning, unexpected expenses can arise during a home remodel. Allocating a contingency fund can help you handle surprises—like discovering structural challenges only visible during demolition—without disrupting the process.

Commit to Premium Materials & Craftsmanship

Luxury remodels are defined by their attention to detail, quality materials, and expert finishes. The items you select—whether it’s marble countertops, custom millwork, or fine hardware—should align with your home’s value and lasting character.

Consult with Experts

Your interior designer and contractor are invaluable resources when setting your budget. They can offer realistic expectations for material costs, labor, and timelines, ensuring you invest wisely for an outcome that exceeds expectations.

Budget for Furnishings

Remember to budget for a fully furnished interior. You should budget 20-25% of your homes value for interior furnishings that match the beauty of your luxury home.