If you are thinking of renovating your home, you will need to work out a budget. Here we’ll show you how to calculate all the costs and keep your budget under control.
How to budget for a comprehensive renovation?
There are important elements that will serve as a guide to determine your home renovation budget. Let’s begin.
Once you have defined the changes or transformations that you want to do to your home, then you must immediately get down to work to determine the price of the comprehensive renovation.
This implies taking both the measurements of the total area of your residence and those of your different rooms. For this you can lean on the plans or go to the old school method — taking a tape measure, pencil and paper and writing everything down.
In this way you can know for sure the area to be renovated, and this data will allow you to calculate the actual cost.
Here we must emphasize that some materials are more expensive than others, and depending on which you choose, we will be talking about an average budget item, or one higher than the one commonly used.
Let’s say that if you decide to install marble countertops on the island or on the kitchen countertops, instead of more affordable material such as wood, you can be sure that the price of the reform of your home will be somewhat high.
Therefore, experts recommend discard those materials that exceed the price standards in the market, but without sacrificing the quality of the final result.
Do real calculations
Once you have listed all the spaces you want to reform in your home it will be time to use a calculator to determine the price details.
Currently there are applications that you can consult on the Internet with approximate costs, and only providing the important data, such as: the type of housing and reform, square meters of the house, number of bathrooms, rooms and other rooms, kitchen, doors , windows, floor, ceilings, painting, as well as electrical and heating systems.
Contact a professional
As soon as you know the price of the total renovation contact a specialized company to provide professional service, and in the end carry out an impeccable transformation.
And the best part is that most of these companies are responsible and offer the option to visit your home and evaluate the jobs you want to do for free; so, why are you waiting? Contact them!
How much money do you need
The price of a comprehensive renovation will depend fundamentally on the location of your house and the amount of square meters and rooms to be renovated.
But we can anticipate that it ranges between 18,000 and 40,000 euros in areas such as Madrid, Barcelona, Bilbao, Valencia, Zaragoza and Seville.
This year it is estimated that the price of the comprehensive reform of a house of 100 square meters could exceed approximately 43,000 euros — including both VAT and licensing costs.
To make sure you have the best agreement with the renovators compare several budgets, until you find the one that most satisfies your requirements or special needs, without sacrificing professionalism and quality of the final work.