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  #1  
Old 25-07-2009, 09:59 PM
gobear gobear is offline
 
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2 bedroom apartment renovation estimation cost?

My best friend is about to sell one of her property investment 2 bedroom apartment soon. The condition is not very bad considering it's for many years but she will need a major renovation if she wants to sell a good price.

She wants to know the approx. cost if it needs the renovation for the following thing (pretty much everything anyways):

1) New paintings on every wall
2) Replace from old carpets to new carpets
3) Replacement of kitchen look\bench including stove, oven, drawers
4) Get rid of old built in wardrobes & replace 2 new ones in the 2 bedroom
5) New replacement of 2 toilets washing basin, toilet, shower, bath etc as well as tells
6) Replacement of new doors and windows?

Or any other fixtures that is relevant to the new renovation

She just need the approx. cost to get the whole thing renovated.

Does it need $40K (including labours and materials) to do the whole damn thing?
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  #2  
Old 25-07-2009, 10:39 PM
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Propertunity Propertunity is offline
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Quote:
Originally Posted by gobear View Post
She wants to know the approx. cost if it needs the renovation for the following thing (pretty much everything anyways):

1) New paintings on every wall
$5K

Quote:
Originally Posted by gobear View Post
2) Replace from old carpets to new carpets
$3K

Quote:
Originally Posted by gobear View Post
3) Replacement of kitchen look\bench including stove, oven, drawers
$8K

Quote:
Originally Posted by gobear View Post
4) Get rid of old built in wardrobes & replace 2 new ones in the 2 bedroom
$3K ($1.5K ea)

Quote:
Originally Posted by gobear View Post
5) New replacement of 2 toilets washing basin, toilet, shower, bath etc as well as tells
2 new bathrooms @ $8K ea = $16K

Quote:
Originally Posted by gobear View Post
6) Replacement of new doors and windows?
Who knows - how many are there? Allow $4K

Quote:
Originally Posted by gobear View Post
Or any other fixtures that is relevant to the new renovation
Allow $1K

Quote:
Originally Posted by gobear View Post
Does it need $40K (including labours and materials) to do the whole damn thing?
I just did the sums = $40K - so YES. Lots of assumptions but very rough guide based on the limited info you have supplied.
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  #3  
Old 26-07-2009, 10:48 PM
sash sash is offline
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Smile

You can do it quite cheaply if you shop around and self manage. Use a handy man instead of a painter ..a lot cheaper if you buy the paint.

1. Painting for small 2 brm unit - $1200-$1500
2. New carpets - approx. $1500 (use wool berber)....flecked stuff for about $32 per sqm meter.
3. Keep the kitchen body and replace doors and benchtop...if you shop around probably about $2-3K depending on quality. New appliances can get it for about 1K and electrician another $500.
4. Build in robes about $1600
5. Paint the wall tiles and replace the cracked ones about $500, new vanity about $300, new shower unit $500, bath $200, tile over the top of the floors. Labour about $1500.
6. New doors painted and fitted about $600.

You should have change for $12K.




Quote:
Originally Posted by gobear View Post
My best friend is about to sell one of her property investment 2 bedroom apartment soon. The condition is not very bad considering it's for many years but she will need a major renovation if she wants to sell a good price.

She wants to know the approx. cost if it needs the renovation for the following thing (pretty much everything anyways):

1) New paintings on every wall
2) Replace from old carpets to new carpets
3) Replacement of kitchen look\bench including stove, oven, drawers
4) Get rid of old built in wardrobes & replace 2 new ones in the 2 bedroom
5) New replacement of 2 toilets washing basin, toilet, shower, bath etc as well as tells
6) Replacement of new doors and windows?

Or any other fixtures that is relevant to the new renovation

She just need the approx. cost to get the whole thing renovated.

Does it need $40K (including labours and materials) to do the whole damn thing?
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  #4  
Old 26-07-2009, 10:58 PM
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Nathan Nathan is offline
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Im doing reno soon to a unit.

If you pay more then $10k for all ur paying too much.

$3k kitchen
$3k bathroom
$500 paint $1000 labour
$1500 flooring

$1k spare for fiddly bits.
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  #5  
Old 26-07-2009, 11:29 PM
DRUSS DRUSS is offline
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I done this to a 2 bedroom unit 4 years ago...here's what I did..

- House paint All up probably less then $200. Went to auctions (grays) and got 4ltr tins for $16each. Since it was originally a bunnings product they tinted it for free

- Carpet two rooms, $900. Carpet Court inc installation.

- Tiled the whole house $500 - bar the 2 carpeted bedrooms. Cost $7psqm (italian ceramic). Got it at the auctions. About $250 for tiles, and then $250 for tile cement and grout. Few tools aswell. Did this myself with cousin in law.

- Flat Pack kitchen bunnings $2k- Just base's about $2k from memory, that including wall cabinets too.

- $1500 for benchtops - tradesman installed, bunnings products to difficult to install ie requires alot of cutting etc.

- Oven Electrolux chef gas/electic $500 ...Ebay
- Cook top gas SS $120approx bunnings
- SS sink $100approx Bunnings.
- New doors every room $50each bunnings

So for Carpet x2 rooms, New kitchen + appliance's, new tiles, new paint, new doors approxmiately $6000....

It really helped me not rushing and being patient, going to the auctions, doing alot of stuff myself etc.
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  #6  
Old 02-08-2009, 03:54 AM
jos jos is offline
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40k is too much for what your best friend wants to do however if your friend is not willing to put in the effort to search around and get their hands dirty then expect to pay that much.....the top 2 reponses price is what i would say but then again it depends on the people and how much work they want to put into it....


Damn.......5k to paint all the walls in a 2bedroom apartment!!! i should be a painter :-)

Kitchen....like sash said......change the doors to polyurethane with modern handles, that alone will enhanced the look, if you're going to want more then get granite benchtop otherwise leave the money in your pocket and just do the doors

Why do you need to rebuild the BIW if you're not going to live there? who cares leave it was it is, just give it a good clean...

I don't think its worth it to put in the effort and money up to 40k to renovate the place so it could look more attractive to buyers, if its really bad then i reckon all it needs is just new paint and a thorough cleanig of the apartment, spending that much on renovation doesn't mean you get it back when you sell the property
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  #7  
Old 12-08-2009, 10:25 PM
sandandra6 sandandra6 is offline
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Talking rough quote

Quote:
Originally Posted by gobear View Post
My best friend is about to sell one of her property investment 2 bedroom apartment soon. The condition is not very bad considering it's for many years but she will need a major renovation if she wants to sell a good price.

She wants to know the approx. cost if it needs the renovation for the following thing (pretty much everything anyways):

1) New paintings on every wall

If you have the time and friends willing to help it should only cost $1k as i have just helped my daughter paint her 3large bedroom home inc lounge room and dining and hallway it cost her $800
if not then yes you would be looking at alot more for someone to come in and do it for you.

2) Replace from old carpets to new carpets

I also know from extending my PPOR that you can get ends of carpet rolls quiet cheap about $200 - $500 may be higher as it depends on the carpet you are choosing.

3) Replacement of kitchen look\bench including stove, oven, drawers

I am not sure on this as i have not renovated my kitchen yet the poor thing is crying for a face lift!! But as i have been looking i do know that Impala have a appliance package for FREE with any order over $7500 the appliance package would probably be close to $5000 inc stove, hot plates and range hood.
I found Impala from the T.V and just googled it to find their website. They also have a design guide on their website.

4) Get rid of old built in wardrobes & replace 2 new ones in the 2 bedroom

Unsure of this as well but would be interested on hearing your quote as i am about to start renovation my 2nd IP and will be putting built in robes in there.

5) New replacement of 2 toilets washing basin, toilet, shower, bath etc as well as tells

My suggestion would be to search search search you can get these items cheap and good quality if you look around also i think greys auctions is Australia wide try them they have some great bargins.

6) Replacement of new doors and windows?

Once again depends on your choice in doors and windows as you do not have to spend as much money as people like to make you spend stick to your budget and don't settle for sales man tells you. Try a wholesaler or a demolition yard!

Or any other fixtures that is relevant to the new renovation

She just need the approx. cost to get the whole thing renovated.

Does it need $40K (including labours and materials) to do the whole damn thing?
my own opinion would be no on the $40k but i tend to most of my own labour and anything that needs labour we call on friends who know tradies and get LOTS and LOTS and LOTS of quotes.

please let me know how everything goes as i would be interested to hear how much it does end up costing.
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  #8  
Old 13-08-2009, 08:39 AM
zayne zayne is offline
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I did a similar kind of thing in a 2 bedder a few months ago:
  • New kitchen cupboards and benchtops, tiles, plumbing etc.
  • New shower, toilet, vanity, tiles, taps, move plumbing for bathroom
  • Sanded and polished timber floors
  • Cleaned carpets
  • Repainted throughout walls and ceiling
  • Replaced light fittings throughout
  • Built in robe built in bedroom

All this cost me under $15k for materials and labor (Although I did do the ripping out of the old kitchen + bathroom and painted myself). One way I found to keep costs down was to purchase materials from ebay such as toilets, tiles etc. Much cheaper then the shops in some cases. I kept costs down in the kitchen by using a Bunnings flat pack.
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