A realistic budget depends on what you are renovating and what you want to achieve, but the key is building in enough room for the unexpected. A cosmetic refresh of a whole house generally runs $20,000 to $50,000.
A partial renovation covering the kitchen and one or two bathrooms, allow $60,000 to $120,000. A comprehensive whole-house renovation in Sydney generally starts around $150,000 and can exceed $400,000 for larger homes with quality finishes. Whatever figure you settle on, add a contingency of at least 10 to 15 percent on top, as more than 60 percent of Australian renovators end up spending above their original estimate.
Mitroteam Projects helps Sydney homeowners set a realistic scope from day one, with detailed quotes and honest advice about what your budget can realistically deliver.