House renovations sometimes must be carried out to improve the comfort of your house. However, you should know the appropriate house renovation costs first.
House renovation costs can vary depending on several factors, like area size, material quality, worker costs, and others. By understanding how to calculate house renovation costs, you can plan your budget more carefully and avoid overspending.
So, how much does it cost to remodel a house? Let's look at the article below!
How Much Does It Cost to Renovate a House?
House renovation is a project that requires careful planning, especially when it comes to financial matters. Knowing how to calculate house renovation costs is very important to ensure you keep your budget under control and avoid cost overruns.
If you want to know how much it costs to remodel a house, take a look at the following steps:
1. Land and Building Costs
If you need to expand your house, calculate the cost of purchasing land first. As an example, a house expansion of 25 square meters with a land price of IDR 500,000/m2 costs IDR 12,500,000. However, if your renovation plan doesn't include additional land, you only need to calculate the cost of materials and workers.
2. Labor Costs
To ensure the renovation goes smoothly, you need to calculate the labor costs properly. Several payment methods are commonly used, like daily wages, piece rate, and full price.
For daily contract labor, the cost usually ranges from IDR 125,000–IDR 150,000 per day, excluding material costs. Meanwhile, for wholesale, payments are made based on the area of the house renovation project in the range of IDR 1,000,000–IDR 1,500,000 per square meter.
In the full contract system, the fee includes the services and materials used in the renovation.
The price range for major renovations is usually between IDR 2,500,000 and IDR 4,000,000 per square meter. However, costs may vary depending on the type of material. The higher the quality of the material, the greater the cost.
3. Other Costs
Since renovation is a large project that requires careful planning, preparing reserve funds may help anticipate changes or unexpected events during the process, such as an increase in material prices or a mid-stream design change. Therefore, it is necessary to provide reserve funds of around 10% of the projected total renovation costs.
4. Calculate the Total House Renovation Costs
After determining the price range for house renovations, the next step is to calculate the total costs. For example, renovating a minimalist house covering an area of 40 m2 with a full wholesale payment system and standard materials requires a budget of IDR 2,500,000.00/m2.
With these calculations, the total renovation costs are IDR 100,000,000. With an additional 10% of other costs, the total house renovation costs will be IDR 110,000,000.
Factors Influencing House Renovation Costs
Knowing the factors influencing the renovation costs can help you prepare an estimated budget. Here are some of the main factors that can influence house renovation costs:
- The type of repair will affect the cost of the renovation. Renovating all parts of the house will require greater costs.
- Fixing damaged or damage-prone parts may require more materials and take more work time.
- The choice of materials will impact the renovation costs; the higher the quality, the higher the price.
- Choosing between doing repairs yourself or using someone else's services will also affect the cost of house renovations. Whereas using other people's services would be more practical, the costs would be greater.
Estimated House Renovation Costs Per Meter
You can use per-meter calculations to estimate house renovation costs. This estimate can be the basis for renovation budget planning. Here's a simple way to calculate it:
Building Area x Renovation Price Per Meter
The following cost is included in the renovation budget per square meter based on the type of adjustment and room:
1. Kitchen Renovation Costs
Kitchen renovation costs can vary depending on which part needs a fix. The following is an estimate of the cost of kitchen renovation per meter:
- Upper cabinet: IDR 2,800,000 with HPL material, Duco paint, and plywood.
- Lower cabinet: IDR 2,800,000 with HPL material, Duco paint, and plywood.
- Top table: IDR 1,500,000 with marble or granite.
- Backsplash: IDR 300,000 with mosaic tiles.
- Sink replacement: IDR 350,000 with stainless steel.
- Wall paint: IDR 300,000 using latex.
2. Bedroom Renovation Costs
The cost of bedroom renovations can vary depending on the floor plan. For example, the estimated renovation cost for a bedroom on the second floor is around IDR 5 million per square meter, while renovating a bedroom in the corner of the family room or near the yard requires about IDR 2.5 million per square meter.
3. Bathroom Renovation Costs
Bathroom renovation costs can vary as much as kitchen renovation costs. You can allocate a budget of around IDR 10 million. You can use the budget to purchase various materials, such as wall paint, ceramics, cement, showers, sitting toilets, mirrors, towel rails, and soap dispensers. The rest can be allocated to workers' wages. The total cost of renovating this bathroom is around IDR 5,980,000.
4. Living Room Renovation Costs
Renovation costs for a 5x5-meter living room include construction costs, furniture, decoration, and workers' wages. The total estimated cost of renovating this living room is around IDR 4,780,000, but this figure can change depending on the materials, design, and your needs.
Tips for House Renovation
Renovating a house requires careful planning. Here are some tips you can try when going through a house renovation:
- Carry out a thorough inspection of the soon-to-be renovated area to prepare for the unexpected costs.
- Determine clearly which parts need repair and set a specific renovation budget.
- Consider using the services of an experienced contractor to ensure a smooth renovation process.
- Prioritize comfort for the endgame of the renovation process, and make sure to have the latest blueprint or house plan when finished.
- Choose the right renovation time to avoid delays and increased costs. The ideal time is during the summer, avoiding long holidays and the rainy season.
- Renovate important parts first to prevent further damage, such as repairing a damaged roof, before other parts.
- Avoid additional requests during the renovation process to avoid unexpected cost increases.
- Try rearranging the furniture to give a spacious and comfortable impression.
So, that's how to calculate house renovation costs that you need to know. With careful calculations and high-quality material selection, you can fulfill your vision of a dream residence with the appropriate budget.
To help you realize your dream house, Semen Merah Putih can provide various types of high-quality cement that can build stronger and more durable houses. Contact Semen Merah Putih now to discuss your needs with our team and get the best solution for your renovation.
Let's realize your dream residence with Semen Merah Putih now!
