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HOME EXTENSION RENOVATION COSTS
A review of the costs behind building a home extension
29 May 2018
STYLE PLUS | RENOVATIONS
• Adding a room or extending your ground level
living area are cost effective ways of creating
more space.
• However, what are the home extension
renovation costs when embarking on this type
of renovation?
So Why Renovate?
TOP 4
1. You would like to move, however, the property prices
mean the best option is making your current home
work for your family.
2. You would like to stay in the area where your
preferred schools are.
3. Where you can grow into a property such as adding
extra space such a single level extension to
accommodate an expanding or growing family, or to
simply add a sense of space.
4. Adding more living space to increase your return on
investment.
A Basic Single Story (Same Level)
Extension Example
In Auckland a more realistic estimate for a house
extension costs could be between $2,600 –
$3,800+ per m². Due to the shortage of skilled,
licensed builders and the ever increasing costs
of materials these meter square rates are slowly
rising.
Additional Costs?
• However, you will also need to add the following
costs:
• Professional fees. For example, architect fees for
preliminary | building consent drawings and
structural engineer services.
• Plan a contingency fund. Renovations have a
habit of revealing hidden surprises. Allow at least
10% for overruns, unforeseen costs or changes to
the plan.
• Add GST.
Finishes & Fittings
• Always check with your
builder what the level of
finishing will be. It is best
to know earlier than be
surprised by the addition
variation costs at a later
stage.
• If you are wanting high
end finishes such as
engineered wood floor
finishes, custom fitted
joinery, these costs will
increase your budget.
Are There Any Complex Site
Constraints?
• Your soil type and ground
conditions where
an extension is planned
may present more costly
construction methods.
• Limited access to the site.
• For the existing structure,
are you removing any
structural walls?
• Are you moving any
plumbing or drainage?
10 Year Building Warranty
• Undertaking a home renovation is one of the
biggest investments you will make so it is
important to have a building warranty which
protects you both during construction and for 10
years after completion.
• Our 10 year Residential Building Warranty
provided by Stamford Insurance has been
designed to cover any type of new development,
from individual homes to larger sub-divisions and
multiple housing units.
CONTACT US
THANK YOU.
Please contact us if you
have any questions.
https://www.styleplusrenovations.co.nz/contact-us/
Check out this article here

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Home Extension Renovation Costs 2018

  • 1. HOME EXTENSION RENOVATION COSTS A review of the costs behind building a home extension 29 May 2018 STYLE PLUS | RENOVATIONS
  • 2. • Adding a room or extending your ground level living area are cost effective ways of creating more space. • However, what are the home extension renovation costs when embarking on this type of renovation?
  • 3. So Why Renovate? TOP 4 1. You would like to move, however, the property prices mean the best option is making your current home work for your family. 2. You would like to stay in the area where your preferred schools are. 3. Where you can grow into a property such as adding extra space such a single level extension to accommodate an expanding or growing family, or to simply add a sense of space. 4. Adding more living space to increase your return on investment.
  • 4. A Basic Single Story (Same Level) Extension Example In Auckland a more realistic estimate for a house extension costs could be between $2,600 – $3,800+ per m². Due to the shortage of skilled, licensed builders and the ever increasing costs of materials these meter square rates are slowly rising.
  • 5. Additional Costs? • However, you will also need to add the following costs: • Professional fees. For example, architect fees for preliminary | building consent drawings and structural engineer services. • Plan a contingency fund. Renovations have a habit of revealing hidden surprises. Allow at least 10% for overruns, unforeseen costs or changes to the plan. • Add GST.
  • 6. Finishes & Fittings • Always check with your builder what the level of finishing will be. It is best to know earlier than be surprised by the addition variation costs at a later stage. • If you are wanting high end finishes such as engineered wood floor finishes, custom fitted joinery, these costs will increase your budget.
  • 7. Are There Any Complex Site Constraints? • Your soil type and ground conditions where an extension is planned may present more costly construction methods. • Limited access to the site. • For the existing structure, are you removing any structural walls? • Are you moving any plumbing or drainage?
  • 8. 10 Year Building Warranty • Undertaking a home renovation is one of the biggest investments you will make so it is important to have a building warranty which protects you both during construction and for 10 years after completion. • Our 10 year Residential Building Warranty provided by Stamford Insurance has been designed to cover any type of new development, from individual homes to larger sub-divisions and multiple housing units. CONTACT US
  • 9. THANK YOU. Please contact us if you have any questions. https://www.styleplusrenovations.co.nz/contact-us/ Check out this article here