Build & Ren­o­vate How to cost up your ren­o­va­tions

New Ross Standard - - BUILD & RENOVATE -

WHETHER you are get­ting builders in or em­bark­ing on a DIY pro­ject, home ren­o­va­tions have a habit of run­ning over bud­get.

Keep­ing within your bud­get starts with be­ing re­al­is­tic from the out­set, so don’t set your­self an im­pos­si­ble tar­get. One in four home makeover projects end up run­ning over bud­get, so know­ing the com­mon stum­bling blocks will help you cost yours up more ac­cu­rately.

One of the most com­mon rea­sons for over spend­ing is up­grad­ing to higher spec fix­tures and fit­tings than you orig­i­nally al­lowed for, so once you have cho­sen a price range for your pur­chases, stick to it. An­other fre­quent cause is that the build­ing work un­cov­ers prob­lems with the house that need ur­gent at­ten­tion. This can’t be helped, but al­low an ex­tra mar­gin of around 20 per cent of your bud­get for this, so that these hic­cups don’t put an end to your pro­ject be­fore it has even be­gun.

Get per­mis­sion - your care­ful cost­ings can go out of the win­dow un­less you have the cor­rect plan­ning per­mis­sion for your pro­ject.

Find­ing trust­wor­thy trades­men Rogue traders could dou­ble your costs by leav­ing you with a botched job that needs to be re­done. Be­fore com­mis­sion­ing a builder, carpenter, plumber or other tradesman, check whether they are reg­is­tered with a trade body. Ask for ref­er­ences from pre­vi­ous cus­tomers and fol­low these up. Get at least three quo­ta­tions be­fore agree­ing to any job.

Check they are in­sured to cover the type of work you are un­der­tak­ing, oth­er­wise any shoddy work could be ex­tremely costly to you af­ter­wards. Do­ing it your­self can save you money in labour costs, but tread care­fully when it comes to ma­jor home im­prove­ment jobs. Don’t take on any job that you think might be push­ing the lim­its of your abil­i­ties.

Bud­get for a pro­fes­sional plas­terer, plumber and elec­tri­cian as these are skilled jobs, but you can save money by tack­ling tasks like the paint­work your­self. Bear in mind the cost of putting things right if you mess up. It is also cru­cial to check your build­ing’s in­sur­ance, as some poli­cies will not cover you for damage caused in ma­jor DIY projects.

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