Have you decided to embark on an apartment renovation work? It’s best to prepare a budget in advance to avoid unpleasant surprises. Whether you’re in Paris, Lyon, Grenoble, Toulouse, Bordeaux, or anywhere else in France, there’s a wide selection of tradespeople. A good renovation company should be able to provide you with a personalized quote detailing the prices. It’s also important to know that work entrusted to a professional (such as an interior designer ) may qualify for a VAT reduction. Furthermore, listening to the advice of an expert allows you to complete your project in accordance with current standards and regulations.
Define the budget based on the project
Whether it’s an apartment or a house, a building renovation project involves various aspects of your property’s interior. The price can vary depending on the scope and type of project.
The volume of the construction site is one of the main elements professionals take into account when estimating the costs of renovating a property. However, it’s important to consider the different rooms in the house, the surface area of the walls, the materials and supports to be used, etc. Depending on whether it’s a complete or partial renovation, a 5-room apartment or a studio, the price will obviously vary.
To properly define the costs of a renovation project or a change of use, you must define the areas to be worked on. It’s important to schedule the work and establish a financial projection based on a detailed estimate. This technique helps you refine your budget calculations and better plan your project.
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Plan expenses according to the nature of the work
When it comes to home renovations, the cost can vary depending on the structure of the apartment in question. On average, the cost of a renovation is between 800 euros and 1,200 euros per square meter (depending on the city, the scope of the project, and the cost of materials). When carried out by a professional, an apartment renovation can be a way to benefit from a significant VAT reduction.
The type of work significantly impacts the estimate. The cost varies depending on whether it’s a simple refresh, an intermediate renovation, or a more extensive project. Prices vary across all rooms. Renovations can be more complicated in a bathroom or kitchen. They involve installing electricity and water systems. They’re often less complex in a living room or bedroom.
Know the budget for materials and equipment
Whether you’re in Paris or anywhere else in France, the cost of renovations to your existing home also depends on the materials and supplies you choose for the renovation. It’s a good idea to consult an architect to determine the required work. This approach ensures a high-quality finish.
If you’ve opted for a fully equipped kitchen, the project will involve purchasing various supplies and appliances. A larger investment is therefore required, compared to a simple renovation such as replacing a facade.
Some materials are available in kit form and cost less than custom-made furniture. The latter may require the services of a professional craftsman to install the furniture.
Impact of location on renovation price
The location of a building can also impact the rates offered by the tradespeople of a renovation company in Paris and throughout France. Tiling, parquet flooring, masonry work, or other supplies in a house are among the trades of the companies responsible for renovations. Tradespeople’s rates vary depending on the type of location where the work is taking place. A company may charge high rates for the work if the building is located in a poorly serviced city. An additional cost may apply in an upstairs apartment requiring the use of specific lifting equipment.
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Bonus :
Help for your interior apartment renovation
The implementation of restoration or construction projects may be eligible for state aid . This is particularly the case for tasks related to improving the energy system within the rooms of a property. The purchase of supplies for insulating the floor, walls, roof or windows may give rise to public and/or private aid.
Grants such as interest-free loans may be available for upgrading kitchen electrical systems, such as better floor insulation. A loan from the Family Allowance Fund can also be a way to finance part of the cost of the work.
Additionally, optimizing the energy performance of your floor and wall systems, plumbing and water systems, windows, and renovating your electrical and heating equipment can qualify you for an energy bonus. A portion of your home renovation will be reimbursed by an energy company.
On the other hand, assistance from the pension fund may be considered if the development project concerns a person who is losing their independence.