Please note that the price information in this article was based on data from 2016 and may now be outdated.
For the best return on your renovation spend, you need to be selective in your renovation choices. The most common value-adding projects include highly trafficked rooms like the kitchen and bathroom. Here are what you can expect to pay and some tips about what features to include.
Average size: 10 square metres
Average renovation cost: $14,000-$18,000
What to include in your new kitchen:
What NOT to include:
Average size: 7 square metres
Average renovation cost: $10,000-$13,000
What to include in your new bathroom:
What NOT to include:
Cost of flooring (laying tiles, polishing)
Average size: 160 square metres (standard 3-bedroom apartment or home)
Average sqm cost: $26-$102 per square metre (depending on material)
Average total cost: $4,000 -$16,000
Building or adding a new room
Average size: 13 square metres
Average renovation cost: $19,000-$25,000
Deck or patio
Average size: 10 square metres
Average sqm cost: $185-$910 per square metre (depending on material)
Average total cost: $2,000- $9,000