ᐅ Question about Renovation (Concealed Installation) of an Apartment in a Residential Building
Created on: 4 Feb 2018 14:52
S
Specki
Hello,
we are currently considering renovating an apartment in a large residential building.
During the renovation, we will need to adjust some water pipes because the bathtub is going to be replaced with a shower. The toilet will get a concealed cistern, and the water pipes in the kitchen currently come out of the wall above the sink; of course, these will need to be rerouted downwards.
Is it usually straightforward to make such changes to concealed water pipes, or do we need to consult the building management first?
The apartment was inherited by my grandmother and is planned to be sold. Before selling, we would like to fully renovate it to achieve a higher resale value.
Of course, we will still talk to the building management, but maybe someone here knows how this is typically handled?
Best regards
Specki
we are currently considering renovating an apartment in a large residential building.
During the renovation, we will need to adjust some water pipes because the bathtub is going to be replaced with a shower. The toilet will get a concealed cistern, and the water pipes in the kitchen currently come out of the wall above the sink; of course, these will need to be rerouted downwards.
Is it usually straightforward to make such changes to concealed water pipes, or do we need to consult the building management first?
The apartment was inherited by my grandmother and is planned to be sold. Before selling, we would like to fully renovate it to achieve a higher resale value.
Of course, we will still talk to the building management, but maybe someone here knows how this is typically handled?
Best regards
Specki
According to the real estate agent and another person familiar with the property market, the current value is estimated to be around 70,000. Comparable apartments in this area usually range from 100,000 to 130,000 euros.
Therefore, a renovation should be able to add at least 30,000 in value.
If I invest a maximum of 15,000, I can expect to gain 15,000 in return.
So yes, I am convinced that it will be worthwhile.
As I have mentioned before, otherwise we wouldn't be considering it.
The next step is to get more detailed estimates for a few trades, and then, if everything fits, we can start in about a month.
Regards,
Specki
Therefore, a renovation should be able to add at least 30,000 in value.
If I invest a maximum of 15,000, I can expect to gain 15,000 in return.
So yes, I am convinced that it will be worthwhile.
As I have mentioned before, otherwise we wouldn't be considering it.
The next step is to get more detailed estimates for a few trades, and then, if everything fits, we can start in about a month.
Regards,
Specki
I already know what the question is getting at 😉
EVERYTHING!
Tiles torn out, new toilet, new washbasin, new bathtub, new radiator. Tiles put back on.
Now, the thing is, that's already half of my calculated costs... But it won’t be that much if you do it yourself. I’ve been through this with two bathrooms already 😉
Best regards,
Specki
EVERYTHING!
Tiles torn out, new toilet, new washbasin, new bathtub, new radiator. Tiles put back on.
Now, the thing is, that's already half of my calculated costs... But it won’t be that much if you do it yourself. I’ve been through this with two bathrooms already 😉
Best regards,
Specki
Sorry.
I just realized that I misunderstood your question.
So, apart from the bathroom, the following still needs to be done:
Complete electrical work (empty conduits are present, but more are needed since there are relatively few sockets, fuse box replacement because the current one still has old screw fuses, phone line to be installed inside the wall since it is currently surface mounted)
New radiators
3 windows and a patio door replaced, including roller shutters
New flooring
Remove wallpaper and either apply new wallpaper or possibly plaster the walls
New kitchen backsplash tiles
Restore and repaint door frames and doors
That’s roughly it.
The apartment is 47 square meters (505 square feet).
Regards,
Specki
I just realized that I misunderstood your question.
So, apart from the bathroom, the following still needs to be done:
Complete electrical work (empty conduits are present, but more are needed since there are relatively few sockets, fuse box replacement because the current one still has old screw fuses, phone line to be installed inside the wall since it is currently surface mounted)
New radiators
3 windows and a patio door replaced, including roller shutters
New flooring
Remove wallpaper and either apply new wallpaper or possibly plaster the walls
New kitchen backsplash tiles
Restore and repaint door frames and doors
That’s roughly it.
The apartment is 47 square meters (505 square feet).
Regards,
Specki
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