Why your renovation will cost more

Whether you are getting the keys to a new or resale flat, there will usually be a need to do some renovations.

And, no matter how detailed your plans are, the total cost of the renovation will usually increase by the end of the project because of unexpected hidden costs that may creep in during the project. 

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Here are some of the most common reasons for the renovation cost to go past your budget: 

As we use more and more devices in our homes, the need for more wall outlets increases drastically — whether it’s to charge or to power devices. A typical flat may include two outlets in each room and more in the living room; hardly enough as you start to accumulate more digital gadgets.

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Of course, you could always use multi-plugs or power strips, but those can really disrupt the aesthetics of your living room — and could pose a fire hazard if you plug too many into one. 

The best solution is simply to add power outlets. However, installation of each additional power outlet may cost between $60 to $80, even without taking into account the cost of rewiring cables at the fuse box. 

You also have to take into account how you want to conceal the extended electrical wiring: covering it up with PVC trunking is cheaper but less aesthetically pleasing, while concealing it in the walls would require hacking and therefore be substantially more expensive. 

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Furthermore, while most people account for the price of their air-conditioning units in their budget, it is a common mistake to overlook the cost of their air-conditioning piping. Depending on the location of your air-conditioning unit, you may need to pay for extended piping to reach the compressor outside the window. 

Air-conditioners typically come with trunking to hide the piping. However, if the trunking does not match your interior aesthetic, you will need to conceal it with a false ceiling or an L-box — another additional cost. 

Make sure you consult with your contractor whether these costs are included in the initial quote, and if not, how much more they will add to the initial estimate.