Get your "FIX" with us

A photo of a house being renovated

February 12th, 2016 in

|   0 comments

What Does It Cost To Renovate A House?

According to industry data the average cost to renovate a house is between $2,000 to $2,500 per square meter here in Australia, BUT…. In my own experience renovating custom projects that number is closer to between $2,500 to $4,000.

How do I get to this number? Well I have taken all the financial data from every house I have renovated over the last 15 years and the average from all of my projects is closer to $3,000.

That takes into consideration that most of my renovations were custom designs by architects and usually involved putting a second story on a single story home and fully refurbishing the existing dwelling.

Now is calculating the cost per square meter the best way to estimate what your renovation project will cost you? In my opinion the answer is NO!

Every project is different and has its own unique cost factors such as:
 

  • Access to the property, is it easy or hard to get materials and trucks into?
  • Is the renovation just a square box added to the back of the house, or an architectural masterpiece?
  • Are there any specialised building materials being used?
  • Are the finishes high end or budget?
  • Will major structural modifications be made to the existing house?

 
The above are just a handful of questions that you need to ask yourself before you take the cookie cutter approach of adding a cost per square meter to your design. There are other factors that I discussed in my blog on how long does it take to renovate a house that also come into play.

You can get project home builders that pump out the same design over and over for as low as $1,500 per meter square, but if you are on this site you are most probably not looking for that option.

In my opinion the best way to get an accurate figure or even a ball park cost before starting your design is to talk to speak with two to three professionals (I.e. Architects or Builders) about what you are proposing to do and take the averages of the estimates to get a starting point.

If you proceed to the next stage of getting your concept plans drawn, this will be enough for you to get tenders on before you move onto the final design, and give you room to scale up or down depending on the estimated costs.

Have you recently been given a square meter price to renovate your home? If so tell us about your experience in the comments section below to start the conversation.

Cheers,

James Mason

 

YOU MIGHT ALSO BE INTERESTED IN THIS BLOG POST: How to Renovate a Bathroom: 5 Stage Process
 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

Online Course Available Now

The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

GET INSTANT ACCESS TODAY

Yes, I Want to Know More!

Learn to Renovate

Your Bathroom
like a PRO

and save Thousands

learn more

Free Ebook

Download

Hi Guys, Im a 40 something year old builder who loves to help people, if you have come to this site to find out tips and tricks on how to renovate you are in the right place! When im not adding content to this site im usually hanging out with my beautiful wife Alison and two daughters Alana and Eden. We have recently moved from the hustle and bustle of Sydney to the beautiful Sunshine Coast of Queensland. My two passions are my family and building, so that is probably why our homes are always under constant renovation!

Renovation Junkies provides homeowners with essential DIY knowledge, trusted advice and tips on home improvement, giving you a place you can really fall in love with.

Leverage the power of DIY home renovation and improvement

Imagine the sense of achievement and pride you'll have in your handiwork everytime you show off that beautifully tiled bathroom, stylish Master Chef kitchen, or quirky attic extension.

At Renovation Junkies, we believe that upgrading the look and feel of your home yourself can be a sense of occasion. But we also know that finding the budget to inject a fresh new look into your home can be a big challenge.

Renovation Junkies was born out of the desire and passion to equip you with DIY knowledge so that you can enjoy a home you've always dreamed of without breaking the bank. And what better way to save money on your renovations than by managing the project yourself?

Our in-depth online renovation courses will teach you everything you need to know – taught by a professional builder. At Renovation Junkies we're all about empowering you with the right set of skills so that you can take control of your own renovation.

Here on the website you'll find best practice DIY advice, and comprehensive guidance for all types of home improvement and upgrade projects. You can access resources like ultimate home renovation guides and online courses which include:

  • Great research tips
  • Innovative renovation design and ideas
  • Tips on how to approach home renovation strategically
  • Project budgeting skills
  • 'How to' videos
  • Downloadable templates
  • Products and tools reviews

Find all the information you need to sharpen your DIY home improvement instincts and skills. From painting tips for a professional looking finish, to dealing with building contractors, to selecting the right finishes for your bathroom or kitchen renovation.

Helping turn home design dreams into reality

Is your home in dire need of a facelift? Your kitchen desperate for a makeover? Or do you need to create more space as your family grows in size? But what can you do if you can't afford to hire a building company? For those with limited budgets to work with, the rewards of DIY home improvement are beyond measure. If you're looking to add a real personal touch and value to your home nothing comes close to doing it yourself. Renovation Junkies makes DIY home improvement possible.