2019-02-01_Inside_Out

(Darren Dugan) #1
PHOTOGRAPHY: ALAMY

Y


ou’ve decided to renovate,
finally! You have oodles of
great ideas, a few builders in
mind and your budget sorted.
What could possibly go wrong? Well,
lots, as it happens. Hidden costs can crop
up at every turn, and it’s vital to go into
a reno informed and financially prepared.
That includes understanding all costs
from the very start, according to architect
Scott Weston, owner of Scott Weston
Architecture Design (swad.com.au).
“If a client says, ‘I have $800k to
renovate’, I always ask if that’s their
building budget, or their entire budget,
including everything from council fees
and architectural costs to appliances,”
says Scott. “Their eyes widen when
I start deducting the hidden costs,
which can be around $150-200k,
from their overall budget!”
Here are six things worth planning
for in a large renovation.

the


hidden


costs


of every


reno


Surprise blowouts are
inevitable on most renos, but
there are ways to minimise
them. We ask two experts for
their tips and tricks
WORDS RACHEL SMITH

INSIDE renovation

Free download pdf