Home renovation - budgeting help
MD123987
Posts: 3 Newbie
Hi Experts and Experienced peeps!
I’ve just put an offer on a house that needs significant work. Does anyone have experience of similar projects and, if so, can you offer any budgeting advice?
It’s 105 sq meter three bed Victorian house. Full damp course needed along with new roof. Replastering, decoration and wooden floors throughout. Plus adding a bifold door to the back of the house, a new open plan kitchen and a downstairs toilet. Finally a new bathroom upstairs (in same position as current one so no need to relocate plumbing).
The rooms are about 4x4 meters each.
I REALLY appreciate that this question is a ‘how long is a piece of string’ situation. But any advice you may be able to offer would be greatfully received.
Many thanks!
Martin.
I’ve just put an offer on a house that needs significant work. Does anyone have experience of similar projects and, if so, can you offer any budgeting advice?
It’s 105 sq meter three bed Victorian house. Full damp course needed along with new roof. Replastering, decoration and wooden floors throughout. Plus adding a bifold door to the back of the house, a new open plan kitchen and a downstairs toilet. Finally a new bathroom upstairs (in same position as current one so no need to relocate plumbing).
The rooms are about 4x4 meters each.
I REALLY appreciate that this question is a ‘how long is a piece of string’ situation. But any advice you may be able to offer would be greatfully received.
Many thanks!
Martin.
0
Comments
-
I would say £35k - £40k
What about electrics/ plumbing all ok or need renewing too?
You sure it needs a new DPC?0 -
I'd say more like 50-70k, 10k roof, 7k bifolds, 10k kitchen (if big house), 6-7k wooden floors, 3-4k plastering, 3-4k decorating, that's before any issues crop up.0
-
But you don't need to do it all at one go. We did ours (Edwardian townhouse) over 5 years, 3 on the inside and 2 on the outside.
Order I did things -
1) get keys,
2) remove all carpets and laminate flooring (1st of 5 skips on drive),
3) move in (hint - get the removal men to place furniture in the middle of rooms so you don't have to move it again to paint the walls)
4) design kitchen and bathrooms
5) have entire house rewired - including whatever is going to be necessary for the kitchens and bathrooms. Electricians like diagrams. They don't like people saying 'I want it about there'. Realise during huge rainstorm that roof leaks and has flooded the part of the house where electrician is keeping all his gear. Get roof fixed.
6) get new kitchen put in
7) have hysterectomy (optional)
8) paint master bedroom
9) get one of the bathrooms sorted
10) plastering, painting, decorating the rest of the house
11) get other bathroom sorted (hint: aim to always have one functioning toilet)
12) get flooring/carpet put down.
That took 3 years. Yes, it felt like we were living on a building site - but it meant we didn't have to find all the money all at once.
Out of interest, why do you think it needs a DPC and a new roof? We were quoted £10,000 to replace the roof, or £125 to fix the bit that was leaking. We fixed the bit that was leaking - and we may well have to fix another bit over the next few years, but it'll take us a long time to spend £10,000!No longer a spouse, or trailing, but MSE won't allow me to change my username...0 -
Thanks everyone.
I was coming up with a figure of 70-80, including all fittings etc, so good to know I want massively under; I'd prefer to budget a little over and end up with a nice surprise, rather than vise versa.
I'm not sure about the DPC yet but I suspect it will need one.
Thanks again for all you advice.
Martin.0 -
Thanks everyone.
I was coming up with a figure of 70-80, including all fittings etc, so good to know I want massively under; I'd prefer to budget a little over and end up with a nice surprise, rather than vise versa.
I'm not sure about the DPC yet but I suspect it will need one.
Thanks again for all you advice.
Martin.
Perhaps have a little read of the Heritage House website before you invite any damp treatment salespeople into the house.
A small amount of time spent actually looking for the cause of any damp (and addressing the maintenance issues which will be the problem) is infinitely cheaper than the large amount of money spent on hiding the damp and discovering years later that the problem never went away.Everything that is supposed to be in heaven is already here on earth.
0 -
It’s 105 sq meter three bed Victorian house. Full damp course needed... Replastering
Who says you need DPC ?
Chances are, you already have one, but the exterior ground level may have built up over the years and bridged the DPC. Dig a small test pit against the wall and look for a DPC. It might be a layer of bitumen, slate, or a course of engineering bricks.
As for plastering - Solid brick walls (typical of Victorian and earlier construction) should ideally plastered in lime, not the pink gypsum stuff, and certainly not dot & dab plasterboard. However, if you are planning to add insulation to the internal walls with a suitable air gap, then plasterboard & gypsum plaster could be used.Her courage will change the world.
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
Thanks again for all your advise.
To clarify, a DPC is not definitely needed. No surveys have yet been done so at this stage all I'm doing is a 'worst case's (Well, 'worst case within reason') before progressing the sale further
Cheers,
Martin.
And, noted re. lime plaster. Thanks0 -
Thanks again for all your advise.
To clarify, a DPC is not definitely needed. No surveys have yet been done so at this stage all I'm doing is a 'worst case's (Well, 'worst case within reason') before progressing the sale further
Cheers,
Martin.
And, noted re. lime plaster. Thanks
Just remember when it comes to damp surveys if the surveyor works for a damp proofing company they will find damp and recommend a new DPC of some description. Best bet is to get a totally independent survey and pay for it from these people
https://www.independentspecialistsurveys.co.uk/faq/
They will tell you what the problem is and how to fix it. Yes a DPC may be required but probably not!Those who risk nothing, Do nothing, achieve nothing, become nothingMFW #63 £0/£5000 -
Good luck Martin.
I would give the hysterectomy a miss. Luckily it's optional. However you might want to get a survey to check it out first....0
This discussion has been closed.
Categories
- All Categories
- 343.1K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.2K Work, Benefits & Business
- 607.9K Mortgages, Homes & Bills
- 173K Life & Family
- 247.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards