05 May 2016
How Much Does Renovating Cost?
Whether you’ve just bought a new place, or you’re planning to, renovations might be in your near future.
One of the big benefits of owning your own home is that you can change anything you like! You can knock down walls, paint rooms or whatever it takes to make your home suit you through and through, which is helpful when you wanna live in the home of your dreams.
But even if you’re not interested in renovating right now, a dream home has to stay a dream home. Who knows what you’ll want ten years after moving in?
Regardless, it’s useful as a homeowner to know what basic renovations cost.
Painting
Painting is one of the most cost-effective ways to put your own unique stamp on a new home. It’s easy and inexpensive, but a fresh lick of paint can completely change the tone of a room.
Whether it’s an interior paint job or exterior, plan to spend at least $30 an hour. Obviously, if you haven’t got the right tools and accessories, budget for those too.
If you want a more specific quote, visit a paint store and speak to the staff. They’ll be able to estimate how much paint you’ll need and offer further advice.
Renovating the Kitchen
The cost of renovating a kitchen varies greatly depending on what kinds of installations need to occur. Most of the cost lies in the electrical implications and cabinet construction.
Get a quote from a professional if you’re looking to renovate soon and need a serious figure. Saving that, $10,000 is usually a safe budget for a kitchen renovation.
If that sounds like too much, a pre-constructed kitchen might be your best bet. They’re just a fraction of the price.
Landscaping
Like painting, $30 an hour is usually a safe bet for a landscaping job on your garden.
General gardeners and lawn mowers cost at least that much, with concreting beginning at $40 per square metre.
If you’re looking to save time and money in the long run, invest in native and potted plants.
Mortgage House
At Mortgage House, we’re no strangers to the homeowner’s journey. It’s a long (but rewarding) one.
But don’t worry, we can help with that.
If you’re thinking of buying a home, you can contact us for advice about the best options for you when it comes to your mortgage. The cost of your mortgage can drastically affect your financial planning, so it pays to speak to the experts about it.