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Welcome to the New Budapest Renovation Company!
We are a 'turn-key' residential renovation company
that specializes in refurbishment of older
type apartments in the center of Budapest.
Take a look and give us a call if you need assistance!
 
 
WE HAVE A SOLUTION FOR    EVERYONE!
 
  - LOW BUDGET    RENOVATIONS
- MODERATE BUDGET    RENOVATIONS
- LUX RENOVATIONS
 
 
Office: 1052 Budapest,
Feherhajo 12-14
Tel: +36-1-4111-651
Fax: +36-1-4111-649
Mob: +36-20-33-44-294
 
 
 
         Renovation Options
 

Once you have decided that the renovation solution is right for you, the following options are available:

1) DO THE RENOVATION YOURSELF

If you possess the will, time, knowledge, and savvy, you can complete the renovation. This solution should only be attempted by the brave as there are significant drawbacks:

UNCERTAIN COMPLETION DATE
When doing renovation yourself, it is difficult to manage and allocate adequate time for each task resulting in long projects. Most renovations done by private individuals can last up to a year for this reason.
OVERCHARGED ON MATERIALS
When you renovating by yourself and are not familiar with a local market it is very easy to overpay for building materials. General Do it Yourself stores are excellent venues for materials, but sometimes they can be much more expensive then local stores in the area. In addition, individuals can only purchase materials at retail prices while we are able to purchase materials wholesale and are eligible for quantity discounts which we can then pass on to you as cost reductions.
HUGE INVESTMENT IN TIME
Even though doing the work by yourself can give a sense of accomplishment and satisfaction, it will eat up most of your free time and will create unnecessary headaches. For this reason, we don't feel that it is suitable for most of the people (even if they knew the technical aspects of the work itself) to engage in such a daunting and time consuming task.
LANGUAGE BARRIER
Not knowing the local language can be a hindrance when doing the work yourself due to problems that can arise ranging from negotiating with material suppliers, dealing with complaining neighbors, acquiring the proper renovation permits, and dealing with the various subcontractors such as gas and electricity tradesmen.
LACK OF EXPERTISE
The biggest challenge for most people is lack of expertise in renovations and lack of understanding of local practices for accomplishing task.

2) HIRE SUB-SUBCONTRACTORS AND MANAGE WORK

It is also possible to hire various subcontractors yourself and manage the renovation project yourself; however, you are likely to encounter the following problems:

OVERCHARGE ON MATERIALS
This is probably the oldest trick in renovations. When seeing that client is unfamiliar about the proper renovation practices, many subcontractors try and will overvalue material costs, charge for deliveries, use unnecessary materials, or not disclose proper material usage. All this can equate to hundreds, if not thousands of dollars.
OVERCHARGE ON LABOR
Another common scenario which happens unfortunately all too often in Hungary is the 'double pricing' system. Foreigners are charged one price, whereas locals charged another, a lower one. Since usually foreigners are not aware of local pricing and quality standards, it is easy for a subcontractor to charge a premium fee for the labor.
LANGUAGE BARRIER
Hiring and managing subcontractors requires a good command of the local language and not knowing the language can prove extremely frustrating and costly, as best rates can only be negotiated in the same language. It addition there is always the danger that your design and your expectations have not been understood clearly resulting in a flat that differs from what you intended.
HUGE INVESTMENT IN TIME
Just because subcontractors are hired doesn't mean that you will be free to go along with your normal daily routine, since hiring and managing subcontractors requires constant attention and time. For example, many problems and questions arise in the normal daily work of a subcontractor and this usually involves going to the location and advising subcontractor of the preferences and necessary changes. This management of work in itself can be a full time job if several contractors are involved.
POOR SERVICE QUALITY
Just because subcontractor is performing the necessary work makes no guarantee about the potential quality problems down the line. We have heard horror stories of subcontractors performing work for the client, receiving the payment, and at the end having done more damage then previously was started with. We have also heard stories of work looking great at the time of completion, only to be completely ruined a week after.
UNCERTAIN COMPLETION DATE
A lack of previous experience in the field of renovation can make it difficult to allocate the proper amount of time for each subcontractor causing the completion date to slip. In addition, unanticipated problems can add months to the project.

3) CONTRACT WITH A TURN-KEY RENOVATION COMPANY

The third and final option is to use a single company that deals with the entire renovation from start to finish with the customer only having to "turn the key" at the end of the project and step into a beautiful newly renovated home.

HIGH COST
One of the most common misconceptions is that services of the company that handles the entire renovation project will come at the high cost. Perhaps this is the reason why people decide to venture into other options, not realizing potential pitfalls. However, the truth of the matter is completely opposite. Turn-key renovation contractor, such as New Budapest Renovation Company can often do the job more cost effectively then if the client was to do it on his own. Why? This occurrence can be explained for the following reasons:
Firstly, the renovation is managed professionally. This means that all the costs are evaluated and properly monitored. All subcontracts and material charges are negotiated to maximize savings and quantity discounts for both for labor and materials.

Secondly, many of the mistakes that can occur because of inexperience in the field of renovation or the local market are minimized for the professional renovation company. Unnecessary work that require extra costs in labor and material and design mistakes that need to be redone are just some of the common mistakes that bring total renovation costs up. A Renovation company can minimize such occurrences and pass the savings to the client.

NON-TRANSPARENT PRACTICES
Another misconception that people have about contracting with one company to do complete renovation work is the issue of integrity. Many people feel that such company will seldom reveal all the costs and details of the project making the renovation process non-transparent. While this can be true for many service oriented companies in construction segment, New Budapest has a clear policy of making the customer aware of all the costs and practices. The company feels that this is the only way to build trust and move the business forward!
POOR IMPLEMENTATION OF DESIGN
One of the concerns that customers have when proceeding to do renovation with contractor company is an issue of design. Many feel that they can do better managing or doing the work themselves, therefore implementing exactly what they have in mind. There is a fear that a single turn-key company will alter the design and the final renovation will not be what the customer wanted. Realizing this concern, we at New Budapest closely follow the design specifications of the customer and encourage them to advise the company of any design preferences, and in return they are presented with multiple choices and suggestions to choose from. The final decision is always the customers.

 
 
 
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