Apartment renovation costs
- inbyko
- 5 minutes ago
- 3 min read
How much does an apartment renovation really cost?
Anyone wanting to renovate their apartment will sooner or later ask themselves the crucial question: What costs should I expect? There's no single answer, as the costs of a home renovation depend on many factors – from the scope of the work and the choice of materials to the existing building structure.
Especially in Basel, where many existing apartments are being modernized, a realistic cost estimate is crucial. Well-thought-out planning not only helps to keep the budget under control, but also to strategically allocate investments where they will generate the greatest added value.
Why professional cost planning is crucial
Renovating a condominium involves costs not only for materials and labor. Planning, coordination, and detailing costs are also frequently underestimated.
An interior designer therefore considers the costs holistically:
Planning and concept development
Interior design and materials
technical adjustments
Coordination of the trades
possible unforeseen work
Structured planning ensures that the budget is realistically defined and that later surprises are avoided.
Cost factors in apartment renovation
Scope of the renovation
The costs depend heavily on how deeply the existing structure is affected.
Partial renovation: individual rooms or surfaces
Complete renovation: entire apartment including floor plan adjustments
Material selection
The choice of materials has a significant impact on costs. High-quality materials such as natural stone or custom-made fixtures are durable but more expensive.
Kitchen and bathroom
Kitchens and bathrooms are among the most expensive areas of a renovation, as many trades come together here.
Technical adjustments
Modifications to electrical systems, plumbing, or ventilation can incur additional costs, especially in older apartments.
Apartment renovation costs
The costs for a home renovation can only be determined on a case-by-case basis. However, there are some rough guidelines:
Minor renovation: approx. 500 – 1,000 CHF/m²
Medium-sized renovation: approx. 1,000 – 2,000 CHF/m²
High-quality interior finishing: approx. CHF 2,000 – 3,500/m² or more
These values are for guidance only. The specific project is always the deciding factor.
Cost planning – step by step
Analysis of the existing apartment
The following checks are performed at the beginning:
condition of the apartment
necessary adjustments
potential risks
Definition of the project scope
Which areas will be renovated?
only kitchen and bathroom
entire apartment
Floor plan changes
Establish budget structure
A budget is divided into different areas:
Construction costs
Material costs
Planning costs
Reserve for unforeseen circumstances
From idea to implementation, interior design
A structured process helps to keep costs under control:
Analysis and concept
Cost estimate
Detailed planning
Coordination of the trades
Implementation and control
Added value for owners
Professional cost planning offers clear advantages:
realistic budget planning
Avoiding additional costs
clear decision-making criteria
targeted investments
Especially in Basel, it makes sense to plan investments strategically in order to secure the long-term value of the property.
Conclusion
The cost of renovating a condominium depends on many factors. There's no one-size-fits-all answer – but there is a clear strategy: those who plan systematically and set priorities can use their budget effectively and achieve better results.
Professional interior design helps to balance costs, design, and function.
Frequently Asked Questions:
What does an apartment renovation cost per square meter?
Depending on the scope, the costs range between approximately 500 and 3,500 CHF/m² or more.
What are the biggest cost drivers?
Kitchen, bathroom, choice of materials and technical adjustments.
How can you reduce costs during a renovation?
Through clear planning, prioritization, and early decisions.
INBYKO is an interior design firm in Basel focusing on high-quality renovations and interior design projects in private residential and commercial office buildings.
