Thursday, April 13, 2017

How to make a budget for renovation in your house.


Making changes in the house? Home renovation can be a tricky thing and very messy too. However, it doesn't have to be rocket science. You're going to show your contractor the areas you want to get renovated. Let's say its the complete house. You know exactly how high the ceiling is and how long and wide your rooms are.


If you have absolutely no clue how to start making your budget to renovate your home then remember to confine your expenditure to approximately 10 percent of your total house cost. 

A structural change will need a permission from the society if you live in one. If not you need to be clear about the plans since it will be a waste of time and money to regret making a wall or a sub roof once it has been done. In case of structural changes it is usually a good idea to involve an interior designer. Their expertise will come in handy to reduce the cost too which they will then charge you, but on the bright side the change would have been planned and better executed if you tried it on your own.



You need to first decide that you want to make big changes to your house or just do a change of the colour and getting off it since you are now bored of seeing the same old every day.

Once you've decided another easy way to know what you would be spending is to ask contractors to give you a quote based on the work you need to get done. A contractor usually brings along a team of workers leaving you a single point contact to coordinate your work.

Measure your walls. Thankfully they are two dimensional. Length and height. You will find the square feet or square meter of your wall. Length multiplied by height gives you. This is your base calculation for calculating plastering, painting and tiling or anything that you will get done on the walls. Multiply that with the current rate of the work to be done.

For e.g. if your wall height is 10 feet and length is 12 feet that makes it 120 sq feet. Multiplied to 25 Rs will equal to the money you will be spending approximately to paint that wall, Rs 3,000/-. Painting and tiling budgets will differ according to the material you are using. 



Remember the rates will differ not only for each contractor, but also according to your contract terms - only labour and labour plus material. If you decide to let the contractor buy the material it will save you time and energy, but might prove expensive since any discount provided by the stores will go into the contractor's pocket. Only labour contract will make the labour charges skyrocket since the contractor has only his commission on providing labour to you. So he may hike rates. 

Any surface that has smaller (and fixed) width will be measured in running feet. Like the window sill or the border design to your false ceiling or door frames. Plumbing pipes too come in running feet.

Prices for faucets, bathtubs, showers, can be found online or in the local home decoration store.

Plywood is also measured in square feet. There is commercial plywood and marine ply to be used in places where there is a chance of moisture like in the kitchen. 

The electrician's work is measured in number of plug points you ask him to put in your house.

Best of luck with the renovation feel free to write to info@megatown.in for any inquiries.




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