Within the comparison, the level of quality and finishes have a significant impact and I guess, this is where rates can highlight the differences most effectively.<\/p>\n
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Give me a number!<\/h2>\n
OK, to put it in context this is my part-science-based, emotionally lack-lustre approach, which I find works and by no means should this demeanour any car or building brand; merely an analogy for comparison that most of us can relate to.<\/p>\n
Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> Price<\/strong> Home<\/strong> Perceived Quality & Finish<\/strong> Comments<\/strong> It\u2019s far easier to be definitive with the \u2018construction and content\u2019 of a new building, but when it comes to renovations, the system simply doesn\u2019t work. The type of work involved in a renovation is so different from project to project that any comparison is nigh-on impossible.<\/p>\n Renovations can be both structural and non-structural. Maybe we can differentiate between renovations and additions\u2026.then again, many renovations still have structural components.<\/p>\n A simple front porch \u2018addition\u2019 of 5.5sqm, with a footing, slab and timber frame, tied into the existing roofline is costing nearly $60,000, which in terms of m2 is over $10,000 per sqm!<\/p>\n However, in contrast an 85sqm second-storey addition, with structural steel, removal of brick walls and a tiled roof was around $2,950 per sqm.<\/p>\n In comparison again, an internal non-structural renovation of a bathroom with character detailing and upper-end fixtures and fittings totalling 15sqm, equated to $3,000 per sqm.<\/p>\n So, all that said, can we be realistic by stating a sqm rate for renovations? Invariably, I\u2019d be very hesitant unless there\u2019s sufficient detail in the plans, specification and following a thorough inspection (including an engineer\u2019s report) of the property and without making allowances for possible unknowns.<\/p>\n We can offer some ballpark figures for a kitchen, bathroom or laundry renovation based on a number of simplistic factors.<\/p>\n However, a couple of years ago I rewrote an article for the Master Builders Association<\/a>, covering renovation costs to try and bring a better expectation to possible sqm rates. In it I suggested working on between $2,500 and $4,000 per sqm including GST but only when referring to an addition\/extension rather than those which included internal renovations. Even now the lower end of this scale may only apply to larger non-complex additions.<\/p>\n I\u2019d be thoroughly inclined to consider the project in its entirety and budget holistically rather than think a sqm rate will be accurate.<\/p>\n Plus, always plan for some unknowns when budgeting. It seems to impact well on sqm rates and like the onset of Bali-belly just as you\u2019re boarding a flight, they have an uncanny knack of making themselves known at the most inconvenient times and having more than an unwelcome impact!<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Undoubtedly the most common question asked and yet the most tenuous to provide a satisfactory reply. Can I answer this without the use of the \u201cHow long\u2019s a piece of string\u201d line….? Nope!<\/p>\n
\n$1,500 – $1,800 per sqm<\/p>\n
\nProject homes ie. Company designed homes with all fixtures and fittings as provided and little if any scope to change (without additional costs).<\/p>\n
\nSkoda.<\/p>\n
\nDoor handle might fall off after six months and don\u2019t be surprised if you see the same WC in Bunnings.<\/p>\n
\n
\n$1,800 – $2,300 per sqm<\/p>\n
\nUpper end project homes and cheaper custom homes (NB. Architect and other fees and approvals may not be included in some of these rates).<\/p>\n
\nHyundai, Ford, Holden \u2013 with some \u2018fruit\u2019.<\/p>\n
\nDoor handle will last longer and fixtures and finishes will entice you to stay in the bathroom for longer.<\/p>\n
\n
\n$2,300 – $2,600 per sqm<\/p>\n
\nCustom homes \u2013 this is where the interiors and finishes will vary the outcome.<\/p>\n
\nBMW \/ Audi \u2013 base models.<\/p>\n
\nDoor handle won\u2019t fall off. In fact, you\u2019ll find yourself opening and closing anything that\u2019s openable and closable in admiration of its solidity.<\/p>\n
\n
\n$2,600 – $3,100 per sqm<\/p>\n
\nUpper-end custom homes \u2013 this is where the interiors and finishes will vary considerably.<\/p>\n
\nBMW \/ Audi \u2013 with some or lots of fruit!<\/p>\n
\nFeels like you\u2019ve stepped into a BMW or Audi showroom \u2013 you probably won\u2019t want to leave and the coffee comes from one of those fancy \u2018pod\u2019 machines.<\/p>\n
\n
\n$3,200 – $4,200 per sqm<\/p>\n
\nUpper-end custom homes \u2013 high level of fixtures and finishes throughout.<\/p>\n
\nJaguar\/Lexus.<\/p>\n
\nBusiness Class all the way; you basically have a butler and even your garage has carpet on the floor.<\/p>\n
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\n$4,300 – upwards per sqm<\/p>\n
\nHigh-end custom homes.<\/p>\n
\nBentley\/Porsche.<\/p>\n
\nPointy end of the plane; you do have a butler and you\u2019re getting Instagram ‘likes’ from royalty. Beyonc\u00e9 is likely to pop in for a dip in your pool.<\/p>\n\n
“You do have a Butler and you\u2019re getting Instagram ‘Likes’ from Royalty”.<\/strong><\/h4>\n<\/blockquote>\n
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