Having a house is one of the biggest dreams any individual may have. For those with existing but old structures, a house renovation may be necessary. See how much you need to spend for minor and major house renovation.
Price of Renovation
The cost of renovation in the Philippines may start from Php 12,000 for minor and up to Php 3 million for major projects. Note that you may classify the type of renovation based on purpose.
- Room renovation (15 to 25 sqm) – Php 12,000 to Php 25,000
- Partial renovation of room (adding partition) – Php 15,000 to Php 30,000
- Additional floor – Php 300,000 to Php 800,000 depending on size
- Major full renovation – Php 1 million to Php 5 million
- Living room renovation (25 sqm and above) – Php 200,000 and above
- Kitchen renovation – Php 250,000 and above
- Full house repainting (indoor and outdoor) – Php 75,000 and above
- Roof Change and Painting – Php 15,000 to Php 30,000
Remember that such prices are averages only and may be higher or lower than actual costs. It is best to consult with a contractor or architect to get an exact price quotation on the expenses.
Where to Buy Materials
Renovation materials are always available from your local hardware stores. However, you can also find premium materials from well known shops. See the price list from the following:
Renovation Contractors
There is an unlimited number of contractors in the Philippines ready to help with your renovation project. However, you should first research about the company’s background and credibility. In special cases, it will help if you can verify whether the contractor has a PCAB license.
Look: Check PCAB License Here
Reasons to Renovate
There is more than reason to renovate a house.
Beautifying an existing house
Adding a second or third floor
Modifying the structure
Making a room bigger or smaller
Damages to house parts
Loan for Renovation
Housing loan offers of banks may also be applied to renovation. You may apply for a loan based on the quoted price from the contractor. The common renovation loan amount starts from Php 300,000 to Php 3.5 million depending on the client’s qualifications.
Best Time for Renovation
House renovation in the Philippines may be best done during the summer time. This will avoid extreme weathers like heavy rains and storms in other times of the year.
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