Rough estimate of renovation and modernization costs

  • Erstellt am 2018-08-19 20:28:35

Laynne

2018-08-19 20:28:35
  • #1
We have now, after a long search, identified a multi-family house.
- Three residential units (75, 75, and 50 sqm)
- 10x10m footprint of the house
- Gable roof with 45° pitch

How much should we roughly budget for the following items?
1. Re-roofing the roof
2. Insulating the roof
3. Replacing gas floor heating systems with a gas central heating system
4. New electrical system
5. New pipes/wiring
6. Renovating three bathrooms
7. Relocating two to three doors

Rough estimates are sufficient so that we can include this in the purchase price.
 

nordanney

2018-08-19 22:49:38
  • #2
So basically a complete renovation - only new windows and floors are missing. Would guess around 600-1,000 € per sqm, depending on the desired quality and the craftsman prices in your area.
 

Bookstar

2018-08-19 23:07:31
  • #3
Depends on where in Germany. Roughly estimated, I would say around 150,000 euros. It becomes difficult to get craftsmen for that.
 

Laynne

2018-08-20 00:05:58
  • #4
The roof could also be done later. It is not leaking, just not the newest anymore. Insulation could also be done by ourselves. With the bathrooms, one could also do a lot by oneself... Better to keep our hands off the electrical stuff and all that nonsense. Would about 100,000 be realistic then?
 

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