When you’re upgrading or retrofitting a home, it can be easy to overspend on things.
The reason for that is in large part down to the fact that it’s easy to forget the things that you don’t see.
So while you might think about the walls or the floors or the skirting, you might not consider what is underneath that floor or behind that wall.
So to make sure your project is fully costed, here are some of the key things you need to factor into pricing when you’re budgeting your next home project.
Talk to a pro before you start
While this blog will cover all the things you need to keep in mind when setting up a budget, it’s worth popping down to your local supplier and having a chat with an expert.
There are lots of knowledgeable teams located in merchants that are dotted right across the UK who will not only be able to advise on what you need, but also sort out your building supplies.
Insulation
Whether it is an attic conversion or a new wall to split up an open-plan space, insulation is as crucial as the walls themselves.
For the most part it won’t cost too much, and it will almost definitely cost less than what you would spend on heating in a poorly insulated place.
If insulation isn’t something that you’d plan to do yourself, it is something you can outsource to specialist insulators that, according to Checkatrade, can cost up to £1,206
Damp proofing
Remember, we do live in the UK, so if you’re planning to change a home layout or expansion, exterior walls’ damp proofing is a must.
Again, it isn’t very expensive; however, redoing your walls after you have forgotten to add in damp proofing membranes most definitely is.
This is especially important if you live in a home that has traditionally been prone to condensation.
Sealants
It’s never just one bottle of sealant! Whether it’s skirting or coving, you’ll likely need at least one bottle per room. If sealing around windows, consider external sealants or potentially specialist sealants as well.
Runners and Protective Covers
Protecting carpets, wooden floors, or even tiles during renovation is often overlooked. Investing in runners and protective covers helps prevent costly damage or staining from dust, paint, and debris.
Waste Disposal and Skips
If your project involves significant demolition or clearance, you’ll need to factor in skip hire or waste removal services.
Costs can vary widely depending on the size of the skip, duration of hire, and your location, so it’s worth getting multiple quotes ahead of time.
Building Regulations and Planning Permissions
Projects like extensions, structural changes, or even significant electrical and plumbing alterations typically require approval from your local authority.
Fees for applications and inspections should be factored into your overall budget to avoid unexpected financial strain.
Contingency Budget
Lastly, always build a contingency of around 10-15% into your overall project budget. Unexpected issues, from discovering structural problems to needing additional materials, are common and can quickly add up.
Having a financial buffer can significantly reduce stress and keep your project running smoothly.
