How to Remodel Your Home or Building for the First Time: Things You Need to Know
Remodelling your home or building can be as hard or as easy as playing The Sims. Adding a room is a big decision that you can’t undo especially if the project is underway. But it can be rewarding if done right by all the parties involved.
Designing the home addition isn’t restricted to furniture. Just finding a place where the new room would go is a big decision—you’re essentially demolishing some part of your home to give way to more structures.
So before you call a general contractor for your home addition, make sure that you take these things into consideration—especially if this is your first-time with attaching more rooms to your home:
- It’s going to be expensive—but you can optimize the expense to give you the most value for your money. How do you do this? By maximizing the space you create and the function it provides for the whole project cost.
- The finance of a projects talks about the cost per square meter. This is an estimate of how much the project will cost for each square foot of the new room even if there may be different functions and fixtures for each part of the room. Naturally, if you want something solidly-built, aesthetically-pleasing and large, you’re going to rack up quite a contractor’s bill.
- Home addition cost estimates of 800€ to 1200 € per square meter for a basic family room addition is common. You have a ballpark estimate—but these are for standard materials. If you want the addition to be made from stronger stuff (are you building a bunker?), the price goes up drastically.
- If the home addition includes a bathroom and/or a kitchen, the room addition costs can easily escalate to 400-800 € per square meter. Adding bedrooms, a family den or guest space that’s fully equipped to handle extra people in residence is going to get expensive. While the whole space isn’t going to be the bathroom, the plumbing, electrical system and other considerations are going to run throughout the whole floor.
- Quality and materials used are the other cost factors in a home addition. Old houses are sturdier especially if they were built that way—replicating the materials and workmanship is going to take extra resources. Cheaper materials can be used but this is not always going to last or appear just like the rest of the house or building.
Essentially, here’s what you can expect whenever you want additions to your home:
For 50 square meter, you can expect a bill to be at least 50.000€. This is the basic package without bathrooms and/or kitchens. With these additions, a cool 75.000€ is going to be on the table.
Naturally, contractors that build home additions are in the business to make money so expect markups for materials and everything involved in the job. Your responsibility as a client should be to make sure you get your money’s worth. Optimize your space by juggling costs. Getting meticulous and giving concessions such as the deadline and the location of your building can get your lowered prices or optimal ROI.