Hidden Costs of Renovation You Should Always Expect

Renovations rarely go exactly as planned, and one of the biggest surprises for homeowners is unexpected costs. Factoring in a buffer from the start helps you avoid financial stress.

Common Hidden Costs:

  • Structural Issues: Discovering rotten timber, foundation cracks, or termite damage during demolition.

  • Outdated Wiring or Plumbing: Old systems may need full upgrades to meet safety codes.

  • Permit & Inspection Fees: Often overlooked when setting the initial budget.

  • Material Price Fluctuations: Timber, steel, and tiles can rise in cost due to supply shortages.

  • Waste Removal: Skip bins, haulage, and disposal fees can quickly add up.

  • Temporary Living Costs: Renting elsewhere or eating out more often while your kitchen is under renovation.

  • Design Changes: Last-minute upgrades or layout tweaks always increase costs.

How to Prepare:

  • Set aside at least 10–15% of your budget for surprises.

  • Get detailed, itemised quotes from trades.

  • Ask contractors upfront about possible extra charges.

  • Do inspections before starting, to uncover hidden problems early.

3 Likes

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