Renovated means something has been updated, but NOT completely changed. Maybe cabinets were painted, faucets were replaced, baseboards were added, or the interior was painted.
How Much Does Renovation Cost In South Africa
Home renovation
- R800 – R2000 / sqm
A home renovation involves all the building, craftsmanship, and installation work needed to turn a dilapidated old building into a modern, energy-efficient home. There are many factors that affect the total cost, e.g. type of work and the extent of the renovation involved. Even the quality of the materials and the chosen accessories affect the cost of the renovation. On top of the estimated costs, you can add an addition to your home remodel budget for any unseen problems. The average cost is usually R1400 / sqm.
All-inclusive kitchen renovation
- R50,000 – R150,000
A complete kitchen renovation includes more than just a new lick of paint, a new backsplash, and new light fixtures. It often includes making structural, electrical, and plumbing changes, new flooring, appliances, and custom cabinets. The total expense varies depending on the size and complexity of the remodel, the chosen materials, and any high-end technology additions. For an all-inclusive kitchen renovation, expect to pay between R50,000 and R150,000.
Bathroom renovation
- R15,000 – R55,000
A bathroom renovation can range anywhere from giving your bathroom a facelift and a complete transformation of your bathroom.
The total expense depends on the size of the bathroom, the chosen materials, and the type of fixtures, counters, and finishes. Bathroom renovation costs range between R15,000 and R55,000 with an average of R35,000.
How do you calculate renovation costs?
To get an approximate idea of what your remodeling budget should be, consider the value of your home as a whole.
You don’t want to spend more than 10 to 15 percent of your home’s value on a single room.
If you spend more, the value of the renovation will not proportionally add to the value of your home.
Is it cheaper to renovate or build new?
As a rule of thumb, renovations are often less expensive than building new ones.
However, if you’re renovating a particularly old building that’s seen better days, this may not be the case.