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Old 26.09.2015, 07:06
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Renovation Costs

Hi,
I'm thinking of buying an old house in the Nyon area. It needs total renovation, although structurally sound it needs to be gutted i.e., new plumbing, electrics, kitchen bathrooms etc. the windows also need replacing.

Can anyone give me a rough figure for renovation costs per m2 or by volume? I do realize that the choice of fittings, tiles etc would have a major impact on this, I'm just looking for a ballpark figure.

Any advice would be very welcome!

Thanks
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Old 26.09.2015, 07:15
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Re: Renovation Costs

Thats easy, think of the amount you think it should be, double that amount then add another 100 k
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Old 26.09.2015, 08:04
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Re: Renovation Costs

What a great idea! However, the best is to ask for the name of a trusted local architect or builder to get an estimate.

Perhaps you could re-title this thread...

Good luck and have fun.
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Old 26.09.2015, 08:10
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Re: Renovation Costs

There are also a lot of laws depending on what kind of zone you live in about what you can & can't do. You definitely need an architect to visit it.
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Old 26.09.2015, 09:23
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Re: Renovation Costs

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Hi,
I'm thinking of buying an old house in the Nyon area. It needs total renovation, although structurally sound it needs to be gutted i.e., new plumbing, electrics, kitchen bathrooms etc. the windows also need replacing.

Can anyone give me a rough figure for renovation costs per m2 or by volume? I do realize that the choice of fittings, tiles etc would have a major impact on this, I'm just looking for a ballpark figure.

Any advice would be very welcome!

Thanks
As we have absolutely no idea about the house, nor the size, your taste in style and level of luxury, this question is about as useful as a chocolate teapot !

Rough idea, Chf 250 - 1mio
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Old 26.09.2015, 16:05
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Re: Renovation Costs

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Hi,
I'm thinking of buying an old house in the Nyon area. It needs total renovation, although structurally sound it needs to be gutted i.e., new plumbing, electrics, kitchen bathrooms etc. the windows also need replacing.

Can anyone give me a rough figure for renovation costs per m2 or by volume? I do realize that the choice of fittings, tiles etc would have a major impact on this, I'm just looking for a ballpark figure.

Any advice would be very welcome!

Thanks
And you can afford to buy a house! The world is certainly a mystery.
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Old 26.09.2015, 16:22
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Re: Renovation Costs

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Hi,
I'm thinking of buying an old house in the Nyon area. It needs total renovation, although structurally sound it needs to be gutted i.e., new plumbing, electrics, kitchen bathrooms etc. the windows also need replacing.

Can anyone give me a rough figure for renovation costs per m2 or by volume? I do realize that the choice of fittings, tiles etc would have a major impact on this, I'm just looking for a ballpark figure.

Any advice would be very welcome!

Thanks
Probably cheaper to knock it down & start again.
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Old 26.09.2015, 16:24
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Re: Renovation Costs

I did something similar back in 2000 - totally gutted interior back to brickwork, new plumbing, new electrics, new heating, plus converting an uninsulated loft (bare tiles on the underside of the roof) into three bedrooms, hall and WC.

Professional contractors required for plumbing, electrics and heating (heat pump with 90m bore hole - not the cheapest heating system available) and I did all the interior structural stuff, insolation, wall covering, kitchen fitting (Ikea), floor laying, wood working (loft conversion) all myself.

If I remember correctly we added on 80K to the mortgage and although didn't go over, we used nearly all ...... and that was then, nearly 16 yrs. ago.
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Old 26.09.2015, 22:47
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Re: Renovation Costs

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If I remember correctly we added on 80K to the mortgage and although didn't go over, we used nearly all ...... and that was then, nearly 16 yrs. ago.
To give you another datapoint, we gutted and renovated a house in 2004.

Down to the block walls, replastering, painting, updated and new electrics, plumbing, new tile floors, new parket floors, new woodwork, completely gutted two bathrooms and added a third, new kitchen,. repaired and re-stucco'd the facade, did some roof work, new copper gutters and flashings, etc.

IIRC costs ended up something over 40 percent of the purchase price I say IIRC, as I have tried very hard to blot the whole experience out of my mind...

Simonminisale's suggestion of double your estimate and add 100k is not wrong.

One factor that will add to your costs is whether you need permits, and if so whether a local 'building mafia' holds power in your community. If it does, granting your permits may be contingent on using someone's brother in law, who will skewer you on the price.

Oh, and you probably should factor in a well stocked wine cellar to your costs. Because you will have drunk it dry in frustration by the time you are done.

Good luck with your project.
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Old 26.09.2015, 23:11
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Re: Renovation Costs

The value is often in the land, rather than what is on the land especially if you don't have the biggest building you could have.

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To give you another datapoint, we gutted and renovated a house in 2004.

Down to the block walls, replastering, painting, updated and new electrics, plumbing, new tile floors, new parket floors, new woodwork, completely gutted two bathrooms and added a third, new kitchen,. repaired and re-stucco'd the facade, did some roof work, new copper gutters and flashings, etc.

IIRC costs ended up something over 40 percent of the purchase price I say IIRC, as I have tried very hard to blot the whole experience out of my mind...

Simonminisale's suggestion of double your estimate and add 100k is not wrong.

One factor that will add to your costs is whether you need permits, and if so whether a local 'building mafia' holds power in your community. If it does, granting your permits may be contingent on using someone's brother in law, who will skewer you on the price.

Oh, and you probably should factor in a well stocked wine cellar to your costs. Because you will have drunk it dry in frustration by the time you are done.

Good luck with your project.
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Old 11.12.2015, 17:03
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Re: Renovation Costs

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Hi,
I'm thinking of buying an old house in the Nyon area. It needs total renovation, although structurally sound it needs to be gutted i.e., new plumbing, electrics, kitchen bathrooms etc. the windows also need replacing.

Can anyone give me a rough figure for renovation costs per m2 or by volume? I do realize that the choice of fittings, tiles etc would have a major impact on this, I'm just looking for a ballpark figure.

Any advice would be very welcome!

Thanks
I help to do this to my client in Geneva area. The price for 200 m2 was about 700 000 plus architecture's fee. And it's cheap.We did not always use the swiss work force. Sometimes is cheaper to build a new house. And it requires a lot of patience. Anyway good luck
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Old 11.12.2015, 19:18
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Re: Renovation Costs

Maybe I can give another way of doing such work. My husband (ex) is an architect independent. I have seen so many projects he did and how he could cut down the cost. There are different parts you may consider.

1. the architect. You need to have one that is on your side understanding well what you want. At the same time he has to be very clear in mind the local rules so that he could probably meet your needs while turn around some restrictions so that you don't need to obtain a permit, or at least to have less opposition. This step is very important that can take ages before you start your project.

2. the workers. Local or foreign is a question. And the price will have huge difference. We used to hire Italians. They work well but you have to be sure everything is legal.

3. materials. We used to import hardwares from abroad. Windows and doors, wooden floors, roof tiles\stones, kitchen and toilets...If you go through a Swiss intermedia you are sure the prices are doubled. I used to help my husband for importation and I know very well the situation. We have chosen very good quality materials mostly produced in EU, Germany, Italian, Hungarian and little amount that is less quality impacted from China since I am Chinese. The good thing is sometimes they send workers to install your purchase, i.e. windows from Hungary. So you save hell amount of money on it. And they are much faster from production to installation.

4. the way of contract. Instead of putting all your mind and time to different steps and different professions and suppliers, you could choose and give the full mandate to one company as the general contractor that takes care from 0 to the end. And you fix a budget and timing as well. Afterwords, even your bank can follow up the correspond of timing quality and payments.

If you like further information I could get my ex to answer you more professional way. This is only from what I knew.
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