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Home renovation: how much does it cost?

5 minutes

Whether you’re converting your loft into another bedroom, refreshing your kitchen or adding an extension, a house renovation can breathe new life into your property. 

  • Kitchen or bathroom remodelling, home extensions and loft or garage conversions are some of the most common home refurbishment jobs
  • Before you start your home renovation, you may need to do a full structural survey, which can add to your costs
  • You could save money on your renovation work by choosing more cost-effective materials and taking on some of the design and labour tasks yourself
 

Home renovation can be a great way to make you fall in love with your space all over again. But how do you get started? We’ve looked at some of the most common jobs, their average costs, and tips to help make sure your home refresh doesn’t leave you out of pocket.

Kitchen remodelling 

Your kitchen is at the heart of your house. Whether your weekly Sunday roast is the big event or it’s the daily weeknight meals that bring your family together, a kitchen is more than just appliances. If you want to transform your space, remodelling can vary massively. From adding extra or switching out cupboards to a complete overhaul of the layout and appliances, there’s endless possibilities.

How much does a kitchen installation cost on average?

A typical kitchen installation cost is around £10,000, depending on the type of renovations you make.  If you’re gutting it completely, it’s probably best to hire a remodelling contractor early on. It can increase your spend but will help keep your dream design on track and even help you think of solutions to issues you have with the current space.

Don’t forget to factor in additional costs like VAT, deliveries and labour  – as these can soon mount up. Add a buffer into your budget beforehand to avoid any unpleasant surprises.

Are there any alternatives?

You could simply redecorate. Stripping that tired wallpaper from the ‘90s and repainting with a modern colour or replacing dated tiles can have the same impact as a complete overhaul.

Replacing existing countertops and cupboards can also take years off a kitchen’s appearance. So can swapping your existing appliances with new models. Even if your kitchen décor isn’t modern, your new cooker hood, dishwasher and fridge will be.

 

Bathroom remodelling

We spend hours of our lives in the bathroom, some more than others. Refreshing it can make it feel like your whole home has had a luxurious makeover. You could opt for a complete overhaul in design and layout or go for a remodelling that replaces your existing bath, shower and sink units with modern, sleek fittings.

How much does it cost on average?

Reinventing your bathroom costs roughly £6,000, depending on what you change. Remember to consider plumbing costs when drawing up your plans. Existing bathtubs, shower units, sinks and toilets can all be removed and replaced, but this can cost around £1,000. 

Interior design can  be expensive so it’s worth thinking about how much the “add-ons”, such as tiles, lights and towel rails will cost.

Are there any alternatives?

Would a splash of paint on the tiles and walls or a sleek, new towel rail and sink revitalise your bathroom? A refresh with modern colours is more budget-friendly than a total refurb.

Even re-glossing door frames and refreshing grout on your bathroom tiles can bring a fresh feel to your bathroom. There’s even new tech to consider. Digital showers, for instance, let you control temperatures wirelessly – upgrading your space. 

Home extension

Running out of space and need an extra room? A home expansion can add a single or double-storey extension onto your property, giving you bags of more space. 

How much does a home extension cost on average?

Adding a home extension can cost between £26,000 and £34,000. The loftier your ambitions with your expansion, the more expensive it can be to build.

Costs include builders and contractors’ fees, materials, project planning  and subcontractors if they’re needed. You may need to apply for planning permission depending on the size and scale of your project.

Are there any alternatives?

Costs can spiral with extensions, so you could make savings by using more budget-friendly materials that provide the same stylistic effect.

Using materials like concrete blocks and render can mean you pay less. Plus, it frees up a little more budget to furnish your new space once it’s finished. Consult your builder about how you can best balance quality and cost. 

Loft conversion

Once a place to chuck boxes full of old toys, books and Christmas decorations, today many homeowners are using their lofts to create extra space. Another bedroom, quiet study or a dressing room are just some of the possibilities with an attic conversion.

How much does a loft conversion cost on average?

Converting your loft will set you back around £45,000. You may need an initial survey or planning permission. Part of this will check that your roof and attic floor are suitable for converting into living space.

Things could become costlier if you need to add a protruding extension out of your existing roof. If you’re just adding skylight windows, new flooring and a staircase, it won’t cost as much. 

Are there any alternatives?

Looking for extra room and have the space around your home? Adding an extension could work out cheaper than revamping your loft space.

It all depends on what your grand plans are. If you want an extra bedroom, then perhaps a loft conversion is best. But if it’s an additional dining space, a conservatory may be better.

Garage conversion

Stockpiling your old gardening gear and those mountain bikes you bought three Christmases ago perhaps isn’t the best use of your garage space. Converting it into another living room could add up to 20 per cent onto the value of your home and provide extra space. 

How much does a garage conversion cost on average?

Garage conversions usually cost around £6,000. This includes reinforcing the roof, walls, flooring and foundations – as well as design and builders’ fees.

You might need an architect or designer to make your vision come true. They’ll charge a fee for this, so add it to your budget. You may not need planning permission, as the garage is part of your property and may be classed as a permitted development.

Are there any alternatives?

If you’ve the skills, time and patience – and are 100 per cent sure on what you want to do – you could handle the planning and design yourself. This will save on architect and designer costs.

DIY expert? You could tackle some of the renovation tasks yourself too. It’s best to get professionals in to handle the structural jobs and anything concerning electrics but redecorating yourself can save you loads of cash.

Before you start creating extra living space, make sure your home cover is up to scratch. Discover LV= home insurance to protect your investment today.

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