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Rebuild v's Refurbish

What is the cost per square foot to either rebuild or completely refurbish a 4 storey house to a good standard in London ?

Asked on Oct 17 2011, Home Improvement in London | Report content

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  • You’d need to check with a local surveyor or estate agent to confirm the exact figure.

    Answered on Oct 18 2011, Report content
  • Renovation costs can be anywhere between a few hundred pounds per square foot to thousands of pounds per square foot. It will depend on who does the work and to what standard. I would advise you to get several free quotes and go from there. You can get fixed price deals to stop costs from spiralling!

    Answered on Oct 19 2011, Report content
  • Sadly both of those are wrong. Estate agents sell houses and theyre not qualified to do that nevermind advise on potential costs. If a house were to cost thousands of pounds per sq ft to refurb it would cost more than the purchase price, unless in prime central london. A quantity surveyor would indicate the potential costs on both. A building surveyor would dictate the standard of the existing property. Only rely on professionals. they are governed by professional bodies and have insurance when things go wrong. On a (relatively) high standard, a refurb will cost £150-200 psqft and a rebuild will cost £120-180 psqft. its not just the spec that will affect that price, where you are and the contrainsts of surrounding area can vastly affect the cost. Digging a basement next to a train line or closing the road on a red route for deliveries for example will make prices soar.

    Answered on Mar 7 2013, Report content

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