Renovation plans and costings - advice

mynameisjonas · Jun 27, 2016 9:49 pm

Hi there,

Looking for some advice with our renovation, we've had initial costings came back at 150K not including kitchen, windows or fittings, shower screens, vanities.

I've had the windows costed at $8.5K, kitchen would be $22K and fittings/shower screens/vanities around $5K

Extension Plans
---New parts in Red
---Existing walls in Black
---Alterations in Red

Original House also attached.

http://www.megafileupload.com/72gl/Exte ... ripped.pdf
http://www.megafileupload.com/72gm/Extension_Plans.pdf

Would love any advice, opinions and how to save some cash with this type of renovation. I'm all up for owner building.

Thanks!

new_senior_citizen · Jul 04, 2016 8:07 am

I couldn't get the file click to work. Norton error blocks the file. Could be a virus.

new_senior_citizen · Jul 04, 2016 8:13 am

I'd try shopping the reno work with a few builders (at lease 3), they are flat out busy atm so they probably charge a premium. Alternatively, get the builders quote and see his schedule are YOU hire the individual tradies and schedule the work, more hassles for you to arrange and co-ordinate, but the savings are there. Ultimate savings are 'mates' and 'family', outsource the work over family BBQ's for cost of material (usually bought at seconds places or builders recyclers for cheap). Owner builders licence needed if substantial.
How involved do you want to be? Sorry couldn't see plans, file doesn't work here.
Best method I found was negotiate with the wife for indefinite delay of work needed. 'Do you want a holiday or the reno?' Easier to spend the budget on a holiday instead of back breaking labour reno work!

(trying to add these simlies)

purrfection · Jul 12, 2016 6:18 pm

posting to follow, as I just got 2 builder quotes for a reno/extension job too and they have both said no kitchen, no flooring, no painting or fixtures and fittings included and it's also at the top end of the budget. feels like a huge rip!

renoauction · Jul 29, 2016 1:47 pm

We can help you on costings with our auctions. PM me as i can't post a link in here.

themakeovergroup · Sep 02, 2016 8:40 am

Jonas, try this handy renovation cost calculator at
http://www.homeone.com.au/articles/bathroom/online_renovation_cost_calculator

Good luck. Richard@themakkeovergroup

mynameisjonas · Oct 26, 2016 9:45 pm

Hi, sorry for the delay with this...

I have now uploaded some photos. The new beta version of home one is amazing. Would love some feedback. Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅

Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅

qebtel · Oct 28, 2016 11:17 am

Big Renovations are often not worthwhile (in a recoup investment at sale time context) due to high margins builders make. You're often better off just buying something more suitable in the first place.

Of course if it is your dream home and you're looking at it from a purely emotional and non financial point, good luck..

mynameisjonas · Oct 28, 2016 11:29 am

Thanks, unfortunately no way could we afford to move any buy something else. We'd be up for sale fees from ours (worth about 1.2 million), and 74K in stamp duty. So $150K is the figure we have been quotes so far based on these plans, but once construction drawings are done they will have a more accurate price. I think we could get it down to $120K with supplying our own materials which would be fine with us.

This is the place we'll live in until we retire, so it's another 25 to 30 years away before we thought of selling.

themakeovergroup · Nov 15, 2016 5:50 pm

Hi Jonas,
Renovations can be the stuff of dreams but can also be the stuff of nightmares.
Here's something that can help you to avoid a renovation nightmare:
http://themakeovergroup.com.au/house-an ... void-them/

This can also be helpful in your renovation project:
http://themakeovergroup.com.au/bathroom ... on-begins/

Hope this helps and good luck on the home renovation.

Richard@themakeovergroup

architect_yourself · Nov 18, 2016 3:44 pm

Hey, can I ask where North is on your plans?
It is vital to know where the sun is before designing anything, otherwise you run the risk of spending all your hard earned cash on something which is freezing in the winter and sweltering in the summer
Also, bigger is not always better..perhaps you would be better off making the house you already have work harder for you.
Do you need a second bathroom in a house this size for example? could the laundry be hidden in a cupboard or incorporated into the bathroom and the kitchen moved to where the laundry is now?
just a thought
It is always worth spending money on good quality, well sealed, double glazed windows and as much insulation as you can get in the walls and the roof. I know these are not necessarily glamorous things but they will pay for themselves many times over in the saving you will make on heating and cooling costs