Renovating a house is an important decision. Renovating an apartment requires a significant investment, careful evaluation, and very accurate planning of expenses. Not surprisingly, the first question that arises when approaching a renovation project is “How much does it cost to renovate a house?“. This question cannot be answered generically because
How much to Invest in a Renovation Project?
To evaluate the costs of renovating a house, first of all, it’s important to ask yourself a series of essential questions:
- What is the budget to invest in home renovation?
- What are the dimensions of the property?
- What interventions need to be carried out?
- What materials and technologies will be used?
- What finishes and furnishing elements will you choose?
Based on these points, various considerations can be made on the actual cost-effectiveness of renovating a property.
Evaluating the Cost of Renovating a House
To answer the previous questions, it is essential to consult industry specialists. Only the technical eye of an expert can provide reliable answers, effectively in line with the expectations of those who want to renovate their home. Accurately estimating the interventions to be carried out and their related cost is fundamental if you want to avoid unpleasant surprises once the construction site is opened. It is necessary to turn to professionals who will follow the project in every phase, listening to the client and always keeping their needs in mind.
Why Doesn’t Domidea Provide a Fixed Price for Home Renovation per Square Meter?
There cannot be a fixed price for renovation per square meter because every renovation is different. To have a fixed price per square meter, one would either have to omit some work to have a competitive price or include an abundance to ensure the renovation is not underpriced. In neither case is the fixed price per square meter solution advantageous for the Client. At Domidea, we carry out a very accurate and detailed inspection and estimation phase, with clear, transparent costs for everything that will be done to realize the shared renovation project. Not a euro more, not a euro less. And if there are extras, as often happens with new client requests, these costs will always be easily calculable with maximum clarity and transparency. With Domidea, you are sure to always pay only the right price for your quality renovation.
So, how much Does it Cost to Renovate a House per Square Meter?
There are many factors to consider when calculating the cost of renovating a house. In many cases, the geographical location of a building can affect its renovation costs. For example, let’s take some of the major Italian cities as a reference: renovating a house in Rome costs an average of 560 euros per square meter, renovating a house in Milan involves an expense of about 540 euros per square meter, in Turin it’s 480 euros per square meter, and in Florence it’s 460 euros per square meter. In Northern Italy and in big cities, prices tend to be higher, while in the provinces and in the south, renovation costs are lower.
Considering the average prices in Italy, four different ranges of renovation costs per square meter can be identified, based on the extent of the interventions to be carried out:
- Small restyling interventions: by carrying out small targeted interventions, on average, renovating a house costs 300 euros per square meter. However, it’s important to specify that at these figures, mostly modernization and maintenance works are carried out.
- Medium-scale renovation: a partial renovation that also includes interventions on systems, walls, and flooring ranges between 600 and 900 euros per square meter.
- Complete renovation: the cost of a complete house renovation has an average cost of 1,000-1,300 euros per square meter. This type of renovation includes modifying the internal distribution of spaces, redoing coverings, floors, and systems. It also considers the replacement of fixtures, doors, and windows, using high-quality materials and solutions.
- High-end renovation: a complete renovation that includes top-quality solutions, high-end materials, sophisticated finishes, and customized furnishings can reach up to 2,000 euros per square meter.
House Renovation Cost per Sqm: which Works Have the Greatest Impact on the Price?
Which interventions have the greatest impact on the cost of renovating a house per square meter? Certainly, the systems work. The renovation of systems generally accounts for 40% of the final costs. This is an expense item on which it is strongly advised not to save money. The functionality of the systems, in fact, is fundamental for domestic well-being and for the energy requalification of a building. Quality systems guarantee savings on bills and very small investments in terms of maintenance.
Other renovation interventions affect the final costs in this percentage:
- Demolitions: 15%
- Flooring installation: 15%
- Reconstruction: 15%
- Painting and surface treatments: 15%
Renovating while Saving: is it Possible?
Depending on the condition of the building to be renovated and specific needs, you can carefully evaluate which interventions to save on. However, it’s important to remember that in the medium term, “bargain price” solutions do not turn out to be as convenient as they might initially seem. Superficial renovations with poor quality materials will require very frequent maintenance interventions, leading to waste and inconvenience. For this reason, it is essential to invest in quality renovation projects that respond to the specific characteristics of a structure and the particular needs of those who live in it. Moreover, by taking advantage of the currently available tax bonuses for renovation, such as the 50% Renovation Bonus, it is now possible to obtain significant savings without sacrificing quality and style.
Are you thinking of renovating and looking for a tailored solution for you, combining quality and savings in the best way? Contact us now for a free, no-obligation site inspection and quote. One of our architects will be with you within 48 hours.
