As renovation specialists in Auckland, we are often asked the question: Just how much do renovations cost?
Now, giving a single figure number is not always a practical way to answer these types of questions, as every home is different, and homes that require extensive renovations are likely to command higher price tags than those that require fewer alterations.
However, there are some approximate numbers that you can use as a benchmark when it comes to being quoted for renovations.
In today’s blog, we will be looking at these standard rates, as well as how different areas can impact your final costs.
Let’s first take a look at the different considerations for full-on home renovations compared with select areas.
Understanding average home renovation costs
Renovations in Auckland that encompass full homes can fetch costs of anywhere between $200 000 and $300 000 – or more, depending on the size of your home.
On the other hand, bathroom renovations in Auckland could cost you $15 000 to over $35 000, compared with kitchen renovations in Auckland of $18 000 to $80 000 and more.
To put this more into perspective: if you are looking at budget rates, you will likely spend $2200 per m2, compared to average rates of $2900 per m2. However, for higher ticket renovations in Auckland, you could be looking at $4000 per m2.
This is still a ballpark collection of numbers, but it can already put you in the picture of what to expect when it comes to home renovations in Auckland.
Consider your budget – and what your home’s most pressing needs are
If renovations are on the cards for a home, it is important that you consider all factors, including your budget and problem areas at your home that need to be addressed. Equally, the size of your renovation will need to be approached realistically.
Say, for instance, you are looking at both interior renovations in Auckland and exterior renovations in Auckland. These will likely be more expensive than just focusing on one room in your home, due to substantial materials that will be used, as well as the labour to consider.
The best advice we can give is to closely work together with your renovation partner to ensure you know what costs you are facing, and whether you can save on certain materials or follow a different route if your budget doesn’t allow for high-ticket home changes.
Do bear in mind: a home renovation is an investment in your home’s future and value, and when done right, you will definitely be able to leverage these changes in the future when it comes to reselling your home.
