ᐅ Renovating a House – What Would You Recommend?

Created on: 9 Feb 2011 22:11
A
aytex
aytex9 Feb 2011 22:11
Hello forum,

I’m new here and would like to start with a question. My wife and I have been looking for a house for some time now. We have found a house that fits our location preferences very well. The living area (200m² (2,152 sq ft)) and the plot size (1100m² (11,840 sq ft)) are also appealing to us. The only drawback: in my opinion, the house needs a complete renovation. The roof needs work (possibly just replacing the tiles), the exterior walls might need new insulation and rendering (??), and the interior layout needs to be redesigned because the current arrangement requires walking through one room to get to another, which I find inconvenient. Additionally, I think the electrical system must be updated, and of course, the painting work will need to be done at the end. The windows seem to be in good condition.

I know it’s difficult to give a price estimate now. It obviously depends on whether I choose high-end granite or settle for laminate flooring. Nevertheless, I am interested in your experience, for example, which of the tasks mentioned tend to be the most expensive?

What would you advise? Of course, I first need a cost overview to know whether I can afford the renovation at all. Who should I consult—an architect? I can’t buy the house only to find out later that I can’t afford the renovation. What would be the right approach?

Thanks in advance
B
Bauexperte
10 Feb 2011 10:59
Hello,
aytex schrieb:
What would be the right approach?

The right approach would definitely be to first obtain a valuation report from a certified expert who is authorized to conduct this type of assessment, especially if the seller cannot provide one. This way, you will have a clear idea of the costs you can expect.

Other answers would not be justifiable, as you have not provided any information regarding the age or condition of the property itself.

Kind regards
aytex10 Feb 2011 12:04
Thank you, I will definitely take your advice about the property appraisal. What costs should I expect for that?

Sorry, I actually forgot to mention something about the house. According to the listing, the house is described as "well maintained," and it was built in 1960. The house is located on a slope, so from the front you see one floor, and towards the garden, the lower floor opens up when you walk around the house. The house is very large and has apparently been occupied by two families so far, with the upper and lower parts designed as two separate apartments.

I would appreciate your evaluations and impressions.
Best regards
K
KKR
10 Feb 2011 14:13
Hello,
a valuation report is certainly a reasonable step. However, unfortunately, this report will not include any information about renovation costs—especially if it involves any changes to the floor plan.
The price for the house is probably already fixed, isn’t it?

I would recommend consulting a trusted professional and walking through the house together. An experienced architect should be able to provide you with a rough cost estimate, although this service will not be free.

Best regards
aytex10 Feb 2011 15:22
That’s probably true. Of course, I am also willing to pay for competent and well-founded assessments. Just casually asking, would I need to google an "architect" in my area, or a "building surveyor"? Who typically handles these inspections and evaluations on a daily basis?

To get a bit more specific: What is the average cost for new screed per m² (square meter)? What factors influence the price of electrical work—sockets per room, for example? Windows are the least of the problems, but what does it cost to reroof, for instance, per m² (square meter)? Yes, I know, there are expensive and cheap tiles, but is 6–7€ per m² (about $6.50–$7.50 per square yard) just for the tiles realistic? What about the labor costs? Such reference values would be very interesting. The cost for exterior wall plaster per m² (square meter) is roughly known, after all...

What is your impression of the house?
K
KKR
11 Feb 2011 08:46
Hello,
You obviously can’t give exact prices here, as it always depends...... Especially when renovating an existing building, costs are very difficult to estimate, since you don’t know the structure (existing roof construction, floor structure, exterior wall composition, etc.). It really depends on how and in what way everything can or must be reinforced or replaced.

To provide cost estimates, you really need to have seen the building. Otherwise, the numbers don’t mean much.

Roughly speaking, insulating the exterior walls and the roof are the most expensive measures (but also the most worthwhile).

Best regards