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Planning on Renovating?

Renovation stories – most people have one, considering over
40,000 home owners decide to manage their own building projects each year. Some are a success, while some fit into the horror story
variety. So, before you start, it’s well worth your time to find out what you need to know so that your experience is a positive one.

Regardless of the scope of property renovation, there are
some safeguards you need to employ first:

Do your research.
Find out project costs from at least
three recommended builders and then go in with
your eyes wide open.

Obtain cost estimates for renovations.
Then, carry out independent building construction checks
before you pay your builder.

Although this process is not easy, it’s well worth it. This year, the Australian Institute of Architects released a comprehensive cost guide to assist people who are
building or renovating.

This cost guide (accessible on the web) gives basic estimates on everything from:

Repair and maintenance costs – costs include
concreting, rising damp, drainage, tree removal, pest
management, replacement roofing, trade labour, window
renewal, wiring and much more.

Renovation and Extension costs – costs include
renovations to bathrooms, kitchens, laundries and
bedrooms, as well as new constructions and extensions.

Sample cost Plans – sample cost plans include new
building, renovations or extensions. It provides estimated
figures generally charged for common projects, a breakdown
of items to be included in the respective quotes, and what
allowances to make.

It’s a useful start for anyone considering home renovations or
building. The cost guide can be found at archicentre.com.au


Resi Home Loans offers an ideal range of home loan and home mortgage products to suit your every need. To find the best home loans for you, check out our mortgage calculators and our current home loan rates today.


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