~ CAPE TOWN ~
Homeowners plan the renovation of their house for many different reasons. Sometimes, it may be a necessity like a new member in the family, and sometimes it is just for the aesthetic reason.
Many times, homeowners start with small repairs in their house that leads to a complete makeover. Once the renovation is finished, homeowners want to be ensured that the value of their house has increased.
The meaning of ‘value’ is quite tricky here. Homeowners need to take the cost per square metre to renovate a house in respect to the value of the house to know if the project is worth it. The reason for renovating the house changes the way you look at the house renovation costs per square meter.
All building work such as plumbing, electrical installations, and masonry is charged per square metre or meter. You will also be required to add VAT of 14 percent to it. The building renovation costs per square metre will, however, depend on the type of work and the extent of the renovation involved. Even the quality of the materials and the accessories that you would be using can affect the cost of the renovation.
In case you just want your kitchen or the bathroom to be renovated, you need to find out their particular cost separately. The kitchen renovation cost per square metre or meter will depend on the amount of work you will need such as replacement of kitchen cabinets or a new worktop that makes for about 40% of the total renovation cost. The bathroom renovation cost per square metre or meter will vary depending on whether you want to build new bathroom addition or just renovate or expand an existing bathroom.
Paying for Restoration
Never pay the entire renovation amount to the contractor in advance. Just pay the advance and the remaining in parts once the work starts. It is to ensure that he finishes the job on time.