M0nica
A lot of the cost is how much you do yourself and how much you pay others to do. The other cost is sourcing your materials; kitchen units, bathroom units.
I remember watching a house renovation programme. possibly an early George Clarke, where someone on a tiny income was doing up an old chapel. He spent about 2 hours a day on ebay, Facebook, any other source, buying luxury fittings for next to nothing, Driving 100s of miles to collect items because even with transport costs it was a fraction of the full maker's price.
At the end he had a superbly renovated home with top quality fitments for less than if he had bought poorer quality items from his local B&Q, plus no labour costs. It can be done if you have the inclination and capacity to do it.
£50,000 to renovate a 2 bed house sounds extortionate, unless it was Listed and had special features. Did you add £50,000 of value to your house?
Admits to having known earlier in my life that my father was very handy - and he'd done a fair bit of work on both my erstwhile brothers house and my own (yep....he'd never touched anything to do with gas beforehand - but looked at their 1960s house with appropriate heating and decided to read a how-to book on it and DIY and then call in the Gas Board to inspect it to make sure he'd done it right). It all went according to his plan. That was followed by quite a long-term steady boyfriend - who did some stuff on that 1st house too.
So what I'd ever done before I moved here consisted of painting a couple of rooms and that was that. Errrrm....I'm not interested in DIY either.
This area is one where houses are much less likely to have had necessary renovation work done on them than my home area and this house was pretty typical - ie needed a LOT. Since I moved here I suspect some others would find it rather easier to get an at least superficially modernised house now - as since that time I walk along nearby streets and house after house has just been done (to one standard or another) or is being done currently and there's a positive outbreak of renovation going on round here (as I'd anticipated there would be....). Houses in the immediate vicinity of mine are basically 1960s and 1970s and nothing much done to them since they were built by the look of it - but it is being now....
Admits I hadnt realised just how much it was all going to cost me - make that £16,000 for the kitchen and £6,000 for the bathroom, £4,000 for 2 exterior doors (one particularly wide and awkward), £15,000 for a conservatory, £5,000 for a wall (replacing a long and 6' tall wooden fence that blew down in the Welsh gales pretty promptly and so on and so on...), garden revamp = don't ask...no wonder my hair is darn nearly completely white now.....
All my pension lump sum went on that and subsidising my job pension in the gap that had been put in between my retirement age (60) and my revised State Pension Age (being a WASPI woman).
So I ran out of money and one way and another it's part of why it's only just been finished 12 years later. Just wondering whether to clad the house and that would be it absolutely finished (as many houses here aren't brick - and that includes mine) - so cladding would remove the sight of those rendered painted walls and the concern whether it will need doing again at some point and make it look more modern/more "me". I tend to think that I might just as well get the house as I want - as I have no plans on moving ever...this is it for the rest of my life (possibly bar a lottery win).
Yep....basically I was paying for all the labour, as well as all the materials. The theory was it would be much easier and quicker than if I even tried to do any of it myself. Admits to envy of a friend of mine here who does enjoy the thought of renovating a place - and she also basically read "how to" books and then started in on her place (even though it's a housing association rental - and not her own). I think she was pretty pleased when I walked into her kitchen and was commenting impressed at the good workmanship - as she then told me it was her workmanship and she'd learnt how to do it as she went. She is much handier than I am for sure....but she enjoys doing that sort of thing....whereas I hate the thought of it....