Economy and Mortgages

Comprehensive reforms: average, maximum and minimum prices

10 SEP 2020
READING TIME:  2  Minutes

Comprehensive reforms: average, maximum and minimum prices

Many homeowners are faced with the
need to renovate their home , either because they have just purchased it and want to adapt it to their needs or because it has become outdated and they want to update it. However, carrying out a comprehensive home renovation project can become a headache for anyone.

Calculating the budget you will need to undertake the works is a complex task for which you will have to take into account aspects such as: the cost of materials, the search for the different professionals who will be in charge of the work, the design of the new layout, licenses and taxes , etc.

Luckily, there are different platforms available on the Internet that will help you get an initial idea about comprehensive renovations and their average prices , so that your home can have a new look without getting discouraged in the attempt. One of these portals is Habitissimo , where you can access the costs provided by the professional users of the website. At Hipotecas.com we have compiled this data to help you with this initial phase of calculating costs.

Comprehensive reforms: average prices

According to Habitissimo, the average price of carrying out a complete renovation in our home amounts to 21,822 euros in Spain , according to the estimates provided by more than 600 construction professionals.

However, the platform reports that 69% of the costs of comprehensive renovations range between 10,180 and 39,000 euros , depending on the square footage of the home, the materials used and the number and complexity of the work to be carried out in each case.

However, if you also need the preparation of a construction project for the complete renovation, the prices rise to an average of 27,985 euros . Thus, if you want to hire the planning and execution of the works to adapt your new home or give a new look to your old flat, the average investment is between 8,900 and 60,000 euros, according to the renovation portal.

Comprehensive reforms in Madrid and Barcelona

In the Habitissimo budget calculator you can also filter the results by province , thus obtaining a closer idea of the final price you will have to pay to renovate your home.

For example, in the case of Madrid , comprehensive home renovations have an average cost of 19,332 euros , or 23,790 euros if you also want to include the project, which is somewhat cheaper than the national average.

However, the province of Barcelona is more expensive when it comes to undertaking comprehensive reforms, with average prices reaching 26,368 euros , almost 6,000 euros more than in the rest of Spain. A difference in expenses similar to that which you will suffer if you also need to have a project for the construction work, since Barcelona residents spend an average of 33,223 euros on these cases.

However, in both provinces, the price range for comprehensive renovations remains at the same level as at the national level , ranging between 10,180 and 39,000 euros.

The UCI blog posts cover current issues that are intended to be useful to our readers. However, it is possible that some of the less recent posts contain out-of-date information, so it is necessary that you always check the publication date of the post.

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