So you’ve decided to renovate your Luxembourg haven! Whether it’s a kitchen refresh or a full-blown home overhaul, diving into renovations can be both exciting and daunting. One of the biggest questions on your mind is likely: how much will it cost? In Luxembourg, renovation costs can vary greatly depending on your vision and the scope of the project. We recently read on the website of an interior renovation company in Luxembourg that “For a light renovation that simply involves redoing the floors and walls and making a few changes to the fittings and partitioning, prices generally range between 400 and 800 euro per square meter (2021 prices)“.
Does this seem an accurate value? We believe not.
Budget Breakdown: A Range, Not a Rule
If we had to give a figure, the cost of a well-done renovation in Luxembourg is around 2500 euro per square meter (2024). This range reflects the varying complexity of projects. A simple bathroom update could be definitely cheaper, while a complete gut renovation with high-end finishes will climb towards the higher end.
Beyond the Square Meter: Unveiling Costly Culprits
Remember, the square meter is just one piece of the puzzle. Several other factors can significantly impact your final bill:
- The complexity of the renovation: Intricate plumbing or electrical work will add to the cost compared to straightforward painting or flooring.
- Material selections: Luxurious marble countertops will set you back more than standard laminate.
- Labor costs: The experience and expertise of your contractor will influence their rates. Do not opt for the cheapest offer. In addition to the quality of the work, it’s also wise to consider the contractor’s financial stability, especially in the current climate.
- Location: Renovation costs can vary slightly depending on the specific area within Luxembourg. It will be more expensive to renovate a house within Luxembourg city.
Tips to survive to a renovation project in Luxembourg
Here are some strategies to get a more accurate picture of your renovation budget:
- Clearly define your project scope: before diving in, clearly outline what needs to be done. This helps you and potential partners provide more accurate estimates.
- Consult with an architect: A professional can assess your needs and provide a tailored cost estimate based on your vision and chosen materials.
- Get multiple quotes: Don’t settle for the first offer. It’s always good to compare quotes from several qualified contractors to ensure you’re getting the best value. This will not only allow you to compare prices but also help you choose a company you feel most comfortable with.
Renovating your home in Luxembourg can be a rewarding experience but also a nightmare.
