Cost of apartment renovation in Paris
Apartments in Paris are always high in demand. It is not less than a herculean task to find a perfect apartment, in a chic neighborhood which perfectly reflects your lifestyle. Therefore, investment in property always brings good returns. In fact, many have become millionaires by buying apartments in a bad condition, and selling them after complete renovation according to the latest standards.
Paris is a historical city, with lots of old apartments. On the other hand, building rules change often and these apartments have to be renovated on and off according to the latest norms and rules. Thus buying an apartment in Paris is often followed by interior renovation, or at least painting.
To know the real costs and prices, the best always is to contact apartment renovation contractors and ask for the free and itemized quote. However, before contacting an ‘apartment renovation company’, it is always better to have an approximate idea about the ‘renovation and remodeling costs’ to plan the budget and project details.
For the light renovation projects, average rates for the interior renovation starts from 70 Euros /m2. This type of renovation work includes simple painting and small repair work. In other words, for an apartment having a floor area of 60m2, would cost around 4200 Euros.
This price may go upward depending upon the choice for materials and the furnishings.
The ‘cost of apartment renovation’ depends upon many factors. If the apartment is in a very bad condition, workers have to work for more hours and more materials are to be used. This naturally drives the costs upwards. Similarly, if the apartment has to be redone to optimize the space, it would require demolishing a few walls and constructing new ones. Such changes may require some additional work for the floor renovation to adjust the changes. Naturally, complete overhauling of a property costs a lot more than simple painting and renovation.
Another important factor is the choice for the quality of materials and furnishings. Although labor costs don’t vary much, the prices for bathroom and kitchen accessories differ a lot. Similarly, the prices of paints and other materials also vary according to their brands and the quality...
Average costs for light, heavy and renovation work in a Parisian apartment are as under;
Light renovation or refreshment work before moving in
This type of interior renovation is not very expensive. For simple painting and renovation work, the average cost is somewhere between 70 Euros and 350 Euros for 1m2.
This option includes; carpet changing, floor renovation & tiling, wallpaper removal & painting and small repair works ( electric repairs, fixtures changes, changing old WC etc )
Complete interior renovation costs.
For ‘complete renovation of an apartment’, the average costs is somewhere between 500 Euros and 1000 Euros for 1 square meter.
In this option, following services are included; kitchen & bathroom renovation, modification of plumbing and electricity, replacing windows, construction of walls with gypsum boards & false ceilings, renovation of parquets floors, and complete painting of the apartment with plastering of walls.
Heavy renovation or remodeling of an apartment
For complete overhauling of the apartment, which is in fact a large scale or high end renovation project, the average market rate in Paris is somewhere between 800 € and 1500 €, per m², depending upon the choice of materials.
The ‘complete remodeling of an apartment’ includes; structural changes of the apartment, structural reinforcement, complete insulation of walls, change of main door, creation of new bathroom with new plumbing work, creation of new kitchen with construction & plumbing work, making new rooms within the apartment..
Allowance for extra or additional works
There are not always extra works especially when light renovation is being carried out. But when the nature of renovation project is medium or heavy, there are always some additional works which can’t be foreseen at the start of work. So, it is always better to be ready for work related surprises. Thus it is advisable to keep an allowance of 10%, of the ‘total renovation cost’ mentioned in the quote.
Other renovation related costs.
Some people prefer hire the services of an architect and interior designer simply to plan their ‘interior renovation’ project. If the job of an interior decorator is limited only to prepare the plans and drawings, then you can add up his or her fees or commissions. However, if the interior decorator is also entrusted to bring in his own home improvement companies for your apartment renovation project, then the cost of the project can go up dramatically.
Therefore, your ‘apartment renovation project’ does not require heavy or complete overhauling of the apartment, there is no need to contact an interior designer to make plans. ‘Apartment renovation contractors’ can also guide you on the practical issues of interior renovation or remodeling. There are many home renovation contractors in Paris, speaking English too. These companies can be contacted for an itemized and free quote. It is recommended to contact 3 companies, or apartment builders. Their quotes can be compared to make the final decision.
Final Note : Always ask for the itemized quotes as such quotes mention the work and prices very clearly. Itemized quotes do help to avoid unnecessary work related surprises and to have a control over the global cost of the renovation project. For more information, please contact us.
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