Buying a new property or renovating an old one has become increasingly common in recent years. Residential refurbishments can cost thousands of pounds over many years. Whether you are working with a small budget refurbishing a small portion of your home or you are doing an entire house renovation project, refurbishments all cost money. For example, it has been estimated that the refurbishment of a 3-bedroom property could cost up to £76,000.
If you are looking to refurb your residential property, you should consider the costs of:
- Structural Damage and Structural Survey
- Extensions and Conversions
- Interior Design Costs
- Double Glazing
- Insulation
- Heating and Boiling Costs
- Worker Costs
1. Structural Damage and Structural Survey
Assessing the structural damage of a property is essential when you have first bought a property. Locating issues can be costly. House surveys and structural surveys can be expected to be the first costs of a renovation. These can cost between £350 on the lower end and up to £2000.
Once completed, you can begin to categorise the property’s issues and assess which are necessary to complete urgently. Structural issues will usually fit under this category. Structural costs can include cracks, uneven floors, and leaning walls.
2. Extensions and conversions
Looking beyond your house as it is can greatly increase the property value and overall feel of the property. Whether you are looking to turn the unused garage into a study or are looking to extend the house by adding a conservatory, these renovations will cost you. Property extensions may require planning permission if they do not hit specific criteria. So make sure to triple-check the requirements before constructing or planning your extension.
You may also require specialists, including architects and refurbishment specialists. Here at Rose Line Premier, we have a display of case studies available for you to understand our extensive work and how this could come alive at your property.
3. Interior Design Costs
When looking into renovating your house, interior designers may be needed to add fitted furniture and customisations to the house as you require. An interior designer can help you to organise where these would be best placed and how this would impact your budget and property price.
Renovating different rooms of your house will cause a mess, but the outcome will be worth it.
You can independently place furniture placement by working out the measurements and trusting your own eye, however, an interior designer will often know industry standards and secrets as to what furniture will help you to avoid any mistakes.