The Housing Market Is Cooling — What That Means If You Are Renovating
Transaction volumes are down for the third straight quarter. We asked surveyors and builders which upgrades still return their cost.
Kitchens, bathrooms, rewires and extensions, with the ranges quoted this quarter.
By Sofia Lindqvist, Design Director · Published August 9, 2026 · 2 min read

Photograph: Barn Images / StockSnap
Published cost guides age badly. These ranges come from quotes readers and contributors shared this quarter, separated into labour and materials so you can see which half moved.
Material costs have flattened across timber, tile and plasterboard. Day rates have not, and they vary more by region than any material does.
Electrics brought up to current standards, moved waste runs and making good after removal are the line items missing from most first quotes.
Fabric and services first, finishes last. Finishing early and then opening walls again is the most common way a renovation budget doubles.
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Transaction volumes are down for the third straight quarter. We asked surveyors and builders which upgrades still return their cost.
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