THE HIDDEN COSTS OF RENOVATION
What lurks underneath?
You may have heard the phrase “Expect the unexpected”. The Hurricanes Super Rugby franchise used this as a marketing slogan back in the ’90s and with good reason - you never knew what was going to happen - except that 80 minutes of watching would leave you bewildered and ultimately let down.
Ask anyone who has renovated a home and they will tell a similar story, unexpected costs, lengthy delays, rot hiding under rot, sunken piles and dodgy compliance. Bringing an existing home up to code, strengthening sunken structures whilst trying to fit to an existing floor plan based on a lifestyle of 30-80 years ago will generally mean overcapitalising on your initial idea of your home renovation. You will get there in the end, but many will have thrown their hands in the air at some point and yelled, “we may as well have built new”.