How Much Does it Cost to Renovate a House with Two Floors (2)

1. How Much Does it Cost to Renovate a House with Two Floors? The dream of owning a home is not within everyone's reach. If you are so lucky but you have an old home, surely you have considered renovating it. How much does it cost to renovate a house with two floors? Is it better to face a comprehensive reform or is it better to tear down the old building and build your house from scratch? It is not easy to offer an exact budget because it depends on many factors such as the initial state of the house, the situation or the quality of the finishes, but we will try to make an approximation. You can visit our section on house renovations to see more guides and tips. Approximate Price of Reforming a Two-Story House We will try to put numbers to the different possibilities to reform a house with two floors:. Calculation of Costs for the Renovation of a Two-Story House & other We can make an estimation of calculations to know the variable differences that occur when reforming a single-family home.

2. To begin to know the total budget including expenses, you must first consider the PEM (Material Execution Budget) which will be the basis for calculating the total budget. The rest of the expenses will depend on that, which are: The Technical Fees of the Project (Design Architect) and Construction Management (Architect + Surveyor) are based on the PEM, between 8 and 12% , although they are free and depend on square meters, complexity, etc. – Municipal rates that can be between 5 and 7% of the PEM depending on each municipality. – Geotechnical and/or structural report if necessary. – The VAT that must be added to each of these concepts. Thus, the final budget of the work will end up varying according to the PEM, which is only an approximation, but it is good that you have two or three budgets to compare from different construction companies and, once chosen, check that reality does not exceed what is stipulated .

3. What You Need to Know Before Facing the Reform The way to avoid surprises and get the most out of your home renovation budget is to plan your needs well, know the conditions and anticipate them. You will save time and money and avoid budget gaps. Some tips are: – It has professional help that guarantees a global follow-up of the work and the coordination of unions so that there is the least possible deviation from the stipulated budget. – Analyze the strengths and weaknesses of your house in order to enhance them. For example, its orientation or the light it has. – Evaluate the general state of the structure , the enclosures and facilities to know what initial state you will start from to see if it is necessary. – Decide what your priorities are and what style of housing you like best. Is it Better to Renovate a House or Throw it Away and Make it New? Renovating a house is a very profitable alternative and, without a doubt, the one that comes to mind first if we have an old house . Advantages and Disadvantages of Making a New House Compared to a Reform: Advantages: – Depending on the characteristics, tearing down and rebuilding can be more economical and operational than renovating a house and more so if it is old. – You can have the design that you want with few conditions (except your budget, of course). Disadvantages: – Many times it has an architectural charm or historical value that would be lost if we make a clean slate. – The cost of the demolition and the time that this demolition work can take and the loss of character.

4. – The possible discovery of structural problems that can cause the budget to go off track. – Demolition permits can be difficult to obtain in some cities. The decision is not easy and depends on many factors, but it is important that you value it before making a hasty decision. Always Count on Professional Help for a Reform of a Two-Story House The best recommendation is that, before reforming a house with two floors, you consult a technician to evaluate the initial state of the house. At Cubicup you can find the technician who can help you with this advice and give you a much more realistic price, based on your particular circumstances. A professional will know how to help you, in addition, to find out if there may be subsidies for restoration , 10% VAT concessions or reduced rates for restoring homes.