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Renovation apartment works budget: how to estimate it? How to stick to it?

Are you ready to embark on a renovation project? It's best to prepare a budget in advance to avoid any unpleasant surprises. Whether you're in Paris, Lyon, Grenoble, Toulouse, Bordeaux, or anywhere else in France, there's a wide choice of artisans available. A reputable renovation company should be able to provide you with a personalized quote detailing the breakdown of prices. Additionally, engaging the services of a professional, such as an interior architect, may entitle you to a reduction in VAT. Furthermore, listening to the advice of an expert ensures that your project is carried out according to current standards and regulations.

Defining the Budget Based on the Project

Whether it's an apartment or a house, a building renovation project involves various aspects of the interior of your property. The price can vary depending on the scope and type of work to be carried out.

The size of the project is one of the main factors considered by professionals when estimating expenses for the renovation of a property. Factors to consider include the different rooms in the house, the surface area of the walls, the materials and tools to be used, etc. Whether it's a complete or partial renovation, a T5 or a studio, the price will vary accordingly. 

To accurately define the expenses for a renovation project or a change of use, it's important to determine the areas to be worked on. Planning the work and establishing a financial projection based on a detailed quote is essential. This approach helps you refine your budget calculation and plan your project effectively.

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Anticipating Expenses According to the Nature of the Work

When it comes to renovating a property, the quote can vary depending on the structure of the apartment involved. On average, the price for a refresh ranges from 800 euros to 1200 euros per square meter (depending on the city, the scale of the project, and the cost of materials). Implemented by a professional, an apartment renovation can be a way to benefit from a significant VAT reduction. 

The type of work greatly impacts the quote. The value changes depending on whether it's a simple refresh, an intermediate renovation, or a more extensive intervention. Prices are not the same in all rooms. Renovation can be more complicated in a bathroom or kitchen, involving electrical and water network installations. It is often less complex in a living room or bedroom. 

Knowing the Budget for Materials and Equipment

Whether you're in Paris or anywhere else in France, the cost of renovating your old home also depends on the materials and supplies chosen for the renovation. Consulting an architect's opinion to determine the necessary work is advisable, as it ensures a quality outcome.

If you've opted for a fully equipped kitchen, the project involves purchasing various supplies and appliances. A higher amount is therefore to be expected compared to a simple renovation, such as replacing a facade. 

Some materials are offered in kits and cost less than custom-made furniture. Installing the latter may require fees for the intervention of a professional artisan. 

Impact of Location on Renovation Costs

The location of a construction project can also impact the price quoted by artisans from a renovation company in Paris and throughout France. Tile laying, parquet installation, masonry work, or other supplies in a house are among the trades of companies responsible for renovation. Artisan rates vary depending on the type of location where the work is carried out. A company may charge higher rates if the building is located in a poorly serviced town. An additional cost may apply in an apartment on an upper floor requiring the use of specific lifting equipment. 

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Bonus :

Assistance for the Interior Renovation of Your Apartment

Undertaking restoration or construction projects may qualify for state assistance. This is particularly the case for tasks related to improving the energy system within the rooms of a property. Purchasing supplies for insulating the floor, walls, roof, or windows may be eligible for public and/or private aid.

Aids such as the interest-free loan can be accessible for enhancing the electrical system in the kitchen through improved floor insulation, for example. The loan from the Family Allowance Fund can also be a means to finance a portion of the project's cost. 

Furthermore, optimizing the energy performance of the floor and walls, plumbing and water system, windows as well as renovating the electrical equipment and heating system can make you eligible for an energy rebate. A portion of your home renovation will be reimbursed by an energy provider. 

On the other hand, assistance from the retirement fund can be considered if the renovation project concerns a person experiencing a loss of autonomy.

Mathieu Amara

Mathieu Amara

Graduated in political science, I have always been passionate about renovation and construction work.

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