Six Renovation Costs You May Forget Aboutby Yours Tyleau Webmaster
Many homeowners have plans to renovate or remodel their homes with a house addition or extension. So, it’s hardly surprising that home additions in Sydney are becoming extremely popular. However, it’s also true that the cost of many projects, whether it’s simply remodelling your bathroom or adding on a whole new floor, end up exceeding the original budget. While you may be well versed in allowing a percentage for a contingency fund, there are other hidden costs which are often overlooked completely. We take a look at some of the extra costs that you may not have considered.
1. Disposing of Your Rubbish
Any kind of remodelling project is going to generate rubbish and you may already have factored in the cost of hiring a skip. However, it’s easy to underestimate just how much rubbish you will create. If you are planning complicated home additions in Sydney, it’s likely that the amount of rubbish generated is going to be considerable. Therefore, you may need to budget for more than one or two skips to dispose of it.
2. Heaters and Dehumidifiers
Remodelling often involves building new walls and floors which need time to dry out. Depending on the climate and the time of year, this may take a couple of days or it may even take weeks before it is fully dry. Hiring a heater or dehumidifier will remove the excess moisture from the air and help to speed up the process. Don’t forget that using either of these appliances will also incur extra electricity charges.
3. Electricity Usage
Which brings us neatly onto your electricity usage during the project. If it’s a large project, the extra energy used could be considerable, especially when you factor in the use of power tools and the possibility of having to use extra lighting to undertake nightwork.
4. Internal Carpentry
Of course, you’ve budgeted for the carpentry in your new extension or room, but what about the costs for refitting or rehanging doors that you may have had to remove to allow access, or which have swelled as a result of increased humidity levels? These small jobs all have a cost attached.
5. Deep Cleaning
Even if your tradies are extremely tidy and clean on the job, once your project is finished, other areas of your house may need a deep clean. Renovation and remodelling can generate massive amounts of dust which always seem to get everywhere!
6. Restoring Your Garden
Even if all your renovation work is internal, it can often impact on your outside areas. You may have needed to accommodate or store materials, machinery and skips in your outside areas and your grass may have suffered from continual footfall. So, factor in a budget for restoring your garden and external areas.
Overestimation Beats Underestimation
When making any kind of budget, it’s best to make it as accurate as possible. However, always err on the side of caution. Overestimating costs beats underestimating and when you get the final bill, it’s much better to have money left over than to wonder where you’re going to find the shortfall.
Created on Jul 21st 2020 02:30. Viewed 123 times.