The renovation cost is often one of the most confusing and stressful aspects of buying a home. There are many factors to consider, like what type of renovation is needed, which contractors to use, and how much you will need to spend on new furniture and appliances. Below are the factors that affect the renovation cost for 5 room BTO
- House size
This is the first factor. The bigger the house, the more money you will have to spend on it. But as said, not all activities we will do will cost that much. It is also essential to see how easy it is for you to move your stuff into your new house. Even if you are staying in your current home, consider whether you can pack everything up in just a few hours or days before moving.
- The contractor
If you get a reliable contractor with years of experience and a good reputation from his past clients, he is less likely to come up with unexpected prices for which you won’t know how to respond at that moment of need. But if you hire a contractor who just started up his own business this year, he is more likely to give you a price that even shocked him when he quoted it.
- Renovation scope
Renovation scope may include upgrading or replacing appliances, adding new fixtures and furniture, installing a walled kitchen or bathroom countertop, etc. The more activities are included in the scope of your renovation project, the higher the likelihood that it will cost more money than you planned.
- Contractor’s working hours
It’s always better to choose contractors who are free during weekends because they can free up their schedule on weekdays to visit your house after work hours or on weekends.
Conclusion
If you think about all these factors, you’ll see that you can be sure that your renovation cost for 5 room BTO will not exceed the amount you planned. This way, it won’t be a big surprise when you don’t have enough money to finish your project. Always consider the possibility of unexpected problems and other unforeseen expenses during the construction process.
