Are you looking to renovate your house? The first thing to do is to prepare your budget. However, you will not be able to work on your budget unless you know the estimated cost. The cost of home refurbishment in Ireland depends on how big it is. You will need to call an architect to receive the quote. The average cost for remodelling a house is somewhere between €3,000 and €5,000.
| Low cost | High cost |
| The cost is calculated per square metre. If you are looking for basic construction, the cost of renovation will be between €1,000 and €2,000. However, some might be able to get the job done in just €1,000. Per square metre. This is possible when you are investing in a flat-packed kitchen or using low-cost marbles, tiles, etc. | The cost per square metre will be high if you are looking for a high-end renovation. The sky is the limit. The minimum cost is not lower than €5,000 per square metre. Here comes the role of design choices and your house condition to decide how much it would cost you. |
Factors that impact renovation cost
Here are the factors that affect the refurbishment cost:
Location
Which part of Ireland you are living in has a great influence on the renovation cost. For instance, Dublin is more expensive than Galway and Cork. Of course, the cost of renovation will be high for those living in Dublin as compared to Cork and the outskirts.
The cost of material varies by place. You can know the estimated cost online. While it is presumed that renovation costs less in remote areas, do not forget to take into account the transportation costs.
The pro tip is that if you are living in an expensive area, you should receive multiple quotes from contractors. Get quotes from online suppliers too. Compare them and decide which one works best for you.
The scope of renovation
How big your renovation project is another important factor that determines the cost of the project. Of course, if you are taking up a larger project, you will end up paying a lot more money. For instance, the cost of renovation will go up if you have to knock down walls, add on a room, add an ensuite, or completely change the layout.
However, the cost will be much less if you are just freshening up your house with a lick of paint or fixing broken tiles. If you have a small budget, you should look for minor changes. In order to extend walls, you will have to take council permits.
Pro tip: Every square metre adds to the cost of renovation. Not only will it increase the requirement of material, but the cost of labour will also be charged. Make sure that you carefully analyse the cost and prepare your budget. Since it is hard to know the actual cost beforehand, you should have some wiggle room in your budget.
Your taste and preference
When it comes to renovating your house, you have multiple options to choose from. You can either lay tiles or marble. Likewise, you might like stunning stone benchtops and custom cabinetry.
Undoubtedly, the internet is flooded with ravishing ideas, and you might be tempted to give that kind of touch to your house. Well, if you have money to shell out, you can choose any of the expensive renovation projects.
But there are various budget-friendly options as well. Those options will deliver style and resplendence without breaking the bank. For instance:
- In order to have marble benchtops, you can consider using engineered stones. They are not expensive, nor do they require maintenance.
- Likewise, handmade tiles are stunning, but they cost an arm and a leg. You should look for porcelain tiles. They are cheaper alternatives.
- Custom cabinets look amazing, but if you are money-pinched, you should consider upgrading handles only.
Tip: Instead of splurging money on zones like laundry cabinetry, you should spend money on high-visibility areas such as the kitchen and bathroom. Before taking up a renovation project, you should consider what is more important to you, not just in terms of appealing, but in terms of adding value to your house.
Labour cost
Another important factor that determines the size of your renovation budget is labour cost. No matter how beautiful the tiles and marble you choose for the flooring, your house renovation will be incomplete without efficient labour. Of course, labour does not come cheap.
While deciding on your renovation project, you will have to carefully take the labour cost into advisement. Normally, electricians, plumbers and carpenters charge around €150 per hour. However, if you are looking for a structural change, you should expect higher costs. How big the renovation project is also determining the cost of labour.
Do not forget to take into account the cost of debt, too. It is likely that your budget has fallen short of cash. In order to fill the gap, you might have to take out the best home improvement loan in Ireland. Since you have to pay interest on top of what you borrow, have the scope for interest payments in your budget too.
Home improvement loan rates vary by lender. In order to get the best personal loan rates in Ireland, you should do research. Focus on the APR in order to choose the most affordable deal. Additionally, you should keep your credit score in good condition. The higher the score, the better interest rates you will get.
Tips for budget-friendly renovations
Here are some crucial tips for budget-friendly renovations:
- Create a budget and stick to it. Make sure that there is some wiggle room, as the actual cost can vary.
- Get multiple quotes and do not forget to check reviews while picking a contractor or labourers.
- Try to refinish instead of replacing and repurpose doors, windows and solid timber.
The bottom line
Home renovation projects are quite expensive. Kitchen and bathroom remodelling often exhausts a large portion of your budget. Before taking up any kind of remodelling work, you should determine its cost. Consider the cost of the debt, too.
Get quotes from multiple contractors and designers and choose the one that fits in your budget. If your budget does not have wiggle room to take on a larger project, keep it simple and limit it to necessary changes.
