HOW MUCH DOES IT COST TO RENOVATE AN OLD HOUSE?

The average cost of renovating an old house is €11,000, but you could end up spending between €1,000 and €35,000.

Firstly, the purpose of the renovation will be one of the factors that will influence the price differences, then the state of repair and finally the need to alter the original structure, creating new rooms or altering existing ones.


Total area.

In construction, budgets are usually calculated based on the total surface area to be worked on. If you intend to purchase an old house to renovate, find out the total area and don't forget that, for old houses, the price per square meter is higher than for newer houses.

By finding out the total area, we can calculate the cost of materials, the duration of the work, and the labor requirements, and thus you will be able to adapt the budget to the amount you have available for renovation.


Labor and urgency.

The urgency and specificity of the work to be performed will also be considered in the cost of the work. Old houses have lots of details on their facades and ceilings that give them a very distinctive charm, and usually the idea is to preserve them.

However, the cost of respecting these details can be high if it requires specialized labor and unusual materials. In the case of urgent work, the team will be larger and the construction company may have to pause other projects, thus increasing your budget.


State of repair.

After the total surface area, the state of repair of the house will be the most important factor. If the house is well maintained, some work can be done on the structure and, above all, on the insulation (which is one of the major defects of old houses).

In the case of an old house in ruins or with significant structural damage, it may be necessary to intervene in the skeleton of the house.

Regarding the modernization of the electrical system and plumbing, two distinct interventions can be made: on the one hand, it may be necessary to alter the structure and floors, allowing us to bury the new pipes and run the electrical system through the walls; if this is not necessary and in order to reduce the cost of the renovation, the plumbing and electrical wiring can be installed on top of the walls, along the baseboards or ceiling.


Building materials.

Building materials vary in price depending on their quality and nobility. Although you can compromise on the nobility of the materials, it is not advisable to compromise on quality, or you will have to carry out maintenance work very soon.

In addition, it may be necessary to use specific materials due to the age of the structure.


At UrbiSeg Imobiliária, we guarantee personalized service and accompany the entire process with transparency and dedication. Contact us!




Source: https://www.zaask.pt/