remodel
v.to change the way a building or room looks and feels by changing its structure or decoration. You do this to make a space more modern or to suit a new purpose.
v.to alter the structure, layout, or appearance of a building or interior space. Often implies a significant change in function or aesthetic rather than a simple repair.
“They decided to remodel their kitchen this summer.”
“The old factory was completely remodeled into a modern apartment complex with high ceilings and large windows.”
“While the exterior of the historic mansion remained intact, the interior was remodeled to include contemporary amenities without compromising the original architectural integrity.”
From re- + model.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.