24 Feb What is The M2 Rate For A Renovation?
A question we get asked a lot is ‘”Can you give me a square meter rate for my renovation?”
Absolutely we can, however we need a lot more critical information first by doing a site consultation.
Be very wary of anyone who gives you an amount over the phone, especially without seeing your project as its common to get a low-ball figure and get stuck with 10’s of thousands of cost overruns and variations during the project.
The square meter rate can be easily worked out by yourself but it’s not the question to ask first.
The first question you must ask yourself before you even begin on the renovating or building journey is “How much am I comfortable spending?”
That is the main question because if you don’t know that, then the designer, architect and builder cannot know that. (Remember 80% of plans never get build because they are designed over budget! What a waste of time and money! But that’s a story for another day)
Once you know the answer and you have a rough idea how many square meters you wish to renovate, extend or build, simply do the math’s!! That’s all it is.
It isn’t a real figure to compare pricing as you may be comparing apples with oranges between 2 or 3 quotes.
There are so many different products and finishes to select from during a project it can make your head spin. Anyone who has been involved in a construction project before will know I mean.
And not every builder will be offering you the exact same products, services or guarantees (if any) so it helps to have a list of what to ask every builder
when you are meeting them.
A professional builder will meet with you to gain a better insight on what you’re trying to achieve with your project and tailor a proposal and specification to suit your needs and wants.
Do you need more room for the kids?
A bigger kitchen? or an area outside to enjoy the summer months?
How do you spend your weekends?
There are so many more important questions to ask before trying to nail down a square meter price. So, if you’re just starting out on your journey or even if you are a bit further along there are a few things you need to stop and do first.
An initial site consultation process must be followed to gather as much information as possible about the site and come up with any foreseeable issues BEFORE you get any plans drawn up.
For more knowledge on the building process and how you can save time and money visit our website or contact us today.
As the old saying goes “Accurate information is a key part of motivation”