19
Jun

How much to renovate a house?

House renovation is the best way to make a home feel more comfortable and look more beautiful. It’s also the best way to increase the value of a home if it’s on the market.

Renovating requires careful planning; it does not matter whether it’s a single room or the entire home. If you’re renovating the entire house, you need to plan on where you are going to stay until the project is over. For a single room, you will need to move the things from one place to the other.

Above all, you have to prepare for the budget that goes into the process. The best way to save up is to have multiple rooms renovated at once.

If you are wondering how much to renovate a house, the answer is it differs. There is no one-size-fits-all cost for renovation projects. It will depend on a range of factors, which we cover in this article.

Knocking down walls/adding square metres

Tearing down a wall, and adding m2 are easy ways to adjust your spaces. And like any project, these two processes may vary in complexity, and therefore costs. For example, knocking down walls comes at its cost, but you will need to factor in the removal price. Other factors that may add to the cost include walls with mechanical details; load-bearing walls; textured ceilings and walls; and whether or not the paint is lead-based. The adding m2 will also depend on how big or small the extension is, along with the types of materials you select.

Electrical, plumbing, structural

Hiring a tradesman is one thing, and it comes with a different price tag. However, if you are planning on tearing down a wall that has water pipes or changing the layout of your kitchen or bathroom, then you will need to bring a plumber on board. Similarly, you will need to bring in an electrician if electric lines are going to be affected in the process. But that’s not all; you need a structural engineer who will help to determine if the knocking down will impact the integrity of the structure. The engineers will also be key if you’re planning to change stairs. The costs of these experts will vary depending on their experience – though you don’t want to work with an amateur because, in the end, you might end up spending more.

Permits

You might not know this, but before you do any construction or building renovations, you need to consult with the local authorities to find out the kinds of permits you need. This regulation is set to ensure that all process adheres to the building standards. It’s wise to comply with all the requirements before the commencement of the project.

Money areas

Kitchen and bathroom renovations can cost anywhere from $15,500 and $50,000 or more for high-end projects. Most of these costs go into benchtops, sanitary ware, joinery, and tiles.

Again, the type of materials and finishes that you select will have a big impact on how much to renovate a house. For example, a stock cabinet costs about $500 to $600 each, while a customised cabinet starts from $2,500

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