Bhg
  • Shop
  • News
  • Food
  • DIY
  • Garden
  • Renovating
  • Decorating
  • Health
  • TV
  • Hard to Find
Bhg
  • Shop
  • News
  • Food
  • DIY
  • Garden
  • Renovating
  • Decorating
  • Health
  • TV
  • Hard to Find
Subscribe
  1. Home
  2. Bathroom Renovations

How much does renovating a home cost?

Plus, the trick to getting your budget right. - by Livia Gamble
  • 26 Apr 2018
How much does renovating a home cost?
Getty Images

Whether it’s a new bathroom, kitchen or laundry, the key to any successful renovation is the budget.

A recent episode of the podcast, Kinderling Conversation, with Shevonne Hunt reveals the trick to getting your budget right.

“Quotes, quotes, quotes, quotes,” editor of Money Magazine Effie Zahos told Shevonne. “And then add on 10 or 20 per cent above the budget of what you thought because you will always blow it.”

Quotes will only get you so far, in some instances. A big problem many renovators face is hidden costs.

"A lot of the costs come in to play once you knock it down because you don’t really know what you are dealing with until you get it in there," said Effie.

A good place to start, however, is the Archicentre website, which has costing reports for each room of the house ready to download.

According to Effie, though, "They [the Archicentre] estimate a bathroom to cost anywhere between 10-25 thousand dollars, the kitchen between 12-30 thousand dollars and the laundry between 5-10 thousand dollars. And that doesn’t include your white goods."

As for which room to renovate first, Effie says an updated bathroom will add the most value to your home.

"The bathroom seems to be the one that gives you a better return…people look at bathrooms very seriously."

RELATED: Three ways to keep your bathroom renovation costs down 

  • Renovating
  • Bathroom Renovations
Livia Gamble
Livia Gamble
Based in Sydney, Livia Gamble will not sleep until she has discovered every possible way to use bi-carb soda and vinegar. When she isn’t reporting on ways to improve your home and garden, she can be found knitting socks (by choice) and will never say no to pizza.

Treat yourself to a subscription-Save up to 25%

Plus, your chance to win

Subscribe Now
Treat yourself to a subscription

Treat yourself to a subscription-Save up to 25%

Plus, your chance to win

Subscribe Now
Treat yourself to a subscription

Recommended to you

YOU’LL NEED A WEDGE TO HANG THAT DOOR
Watch 6:32

YOU’LL NEED A WEDGE TO HANG THAT DOOR

{headline}

{headline}

Before & after: A $600 cosmetic reno revived this retro kitchen

Before & after: A $600 cosmetic reno revived this retro kitchen

11 of the best kitchen benchtop materials

11 of the best kitchen benchtop materials

How to replace a broken tile

How to replace a broken tile

Before & after: A dated bathroom gets a modern upgrade

Before & after: A dated bathroom gets a modern upgrade

{headline}

{headline}

Before and after: This mum demolished and transformed her bathroom for under $16K

Before and after: This mum demolished and transformed her bathroom for under $16K

Reader reno: A combined bathroom and laundry makeover for $3,000

Reader reno: A combined bathroom and laundry makeover for $3,000

The $5 smiley sponge sending shoppers into a frenzy

The $5 smiley sponge sending shoppers into a frenzy

{headline}

{headline}

Reader reno: A white, Scandi-style kitchen with a navy VJ wall

Reader reno: A white, Scandi-style kitchen with a navy VJ wall

Before and after: A luxe bathroom makeover for under $4,000

Before and after: A luxe bathroom makeover for under $4,000

Before & after: From dated dining room to stunning country kitchen

Before & after: From dated dining room to stunning country kitchen

Before & After: How an interior stylist renovated her own kitchen

Before & After: How an interior stylist renovated her own kitchen

Before and after: Tara transforms a kitchen for under $1500

Before and after: Tara transforms a kitchen for under $1500

What you need to know before building an outdoor shower

What you need to know before building an outdoor shower

Tara's industrial kitchen makeover

Tara's industrial kitchen makeover

Bhg
  • About Us
  • Subscribe Today
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Bhg Magazine Subscribe
  • About Us
  • Subscribe Today
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

Brands

  • All Recipes
  • BHG Shop
  • Girlfriend
  • Home Beautiful
  • New Idea
  • New Idea Food
  • Practical Parenting

Our Network

  • marie claire
  • Beauty Crew
  • Who
  • Women's Weekly Food
  • Bounty Parents
  • That’s Life
  • Perth Now
  • The West Australian
  • 7Plus
  • 7mate
  • 7NEWS
  • 7Sport
  • Sunrise
  • Starts at 60
  • Hard to Find
© 2022 Are Media PTY LTD
All products are independently selected, tested or recommended by our team of experts.If you buy something, we may earn an affiliate commission.
Get more from Better Homes and Gardens

Magazine Subscription Offer

Treat yourself to a subscription-Save up to 25%

Shop This Offer
Treat yourself to a subscription