A realistic home renovation budget in Las Vegas ranges from $100 to $200 per square foot, depending on the neighborhood, how much demolition is involved, and the finishes you select. A 2,000-square-foot full remodel could cost anywhere from $200,000 to $400,000. In premium neighborhoods like the Ridges, McDonald Highlands, and Ascaya, homeowners often spend $200 per foot but gain $300 or more per foot in added property value, making the renovation a strong investment.