Property Valuation

Renovation Potential Report

Modernisation costs for a 1970s flat

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Visualisation of the renovation costs of a 1970s apartment in 2025.

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(ex: Photo by

Visualisation of the renovation costs of a 1970s apartment in 2025.

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Visualisation of the renovation costs of a 1970s apartment in 2025.

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Modernisation costs for a 70s apartment: Your budget plan for 2025

Modernisation costs for a 70s apartment: Your budget plan for 2025

Modernisation costs for a 70s apartment: Your budget plan for 2025

23 Jun 2025

8

Minutes

Simon Wilhelm

Finance calculator expert at Auctoa

23 Jun 2025

8

Minutes

Simon Wilhelm
Simon Wilhelm

Finance calculator expert at Auctoa

Do you own or inherit a flat from the 1970s and wonder about the costs involved in modernising it? Many owners underestimate the effort, which can quickly exceed €1,000 per square metre. This guide shows you how to realistically plan your budget and avoid costly surprises.

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The topic briefly and concisely

The topic briefly and concisely

The topic briefly and concisely

The topic briefly and concisely

Expect costs of 900 to 1,400 Euros per square meter for a complete renovation of a 1970s apartment.

The energy-efficient renovation (windows, insulation, heating) is the biggest lever for increasing value and is subsidised by the government by up to 70%.

Hidden defects such as asbestos or moisture can unexpectedly increase costs by more than 20%; therefore, a professional analysis is essential.

An inherited apartment from the 1970s – blessing or financial curse? The building structure is often solid, but outdated technology and lack of insulation pose significant cost risks. The modernization costs for a 1970s apartment can quickly escalate without precise planning. Expect to pay between 900 and 1,400 euros per square meter for a complete renovation. This article provides you with a data-driven breakdown of the costs involved, from electrical work to energy-efficient refurbishment. This way, you can transform an aging property into a home with stable value and make informed decisions that pay off in the long term.

The Foundation: Detailed Analysis of the Need for Renovation

The Foundation: Detailed Analysis of the Need for Renovation

The Foundation: Detailed Analysis of the Need for Renovation

The Foundation: Detailed Analysis of the Need for Renovation

Before creating budgets, a professional assessment is essential. Buildings from the 1970s have specific weaknesses that often become apparent only at second glance. The first Energy Conservation Regulation did not come into effect until 1977, which is why the insulation is almost always inadequate. Typical deficiencies include outdated electrical systems, corrosion-prone water pipes made of zinc or steel, and panoramic windows with poor insulation values. A pollutant inspection is also advisable, as materials such as asbestos or formaldehyde were used in up to 60% of buildings from this era. A detailed analysis protects you from unforeseen expenses that can exceed your budget by 20-30%. This initial phase lays the foundation for cost-effective renovation.

Core Renovation: Costs for Electrical, Sanitary, and Heating

Core Renovation: Costs for Electrical, Sanitary, and Heating

Core Renovation: Costs for Electrical, Sanitary, and Heating

Core Renovation: Costs for Electrical, Sanitary, and Heating

The refurbishment of the building services is the largest cost factor in the modernization of a 1970s apartment. For the complete electrical renovation, you should budget between 80 and 150 euros per square meter of living space. A new electrical installation is indispensable after more than 50 years for safety reasons. Bathroom renovation costs between 3,000 and 5,000 euros per square meter of bathroom space, with the removal and disposal of old tiles alone costing up to 350 euros per square meter. The heating system usually needs to be completely renewed, estimated at 15,000 to 30,000 euros depending on the system (e.g., heat pump). A precise renovation cost calculator helps to overview these key items. These investments are crucial for future safety and living comfort.

Energy-efficient renovation to increase value

Energy-efficient renovation to increase value

Energy-efficient renovation to increase value

Energy-efficient renovation to increase value

The energy-efficient renovation is not a cost burden but an investment that can increase property value by up to 30% and permanently reduce additional costs. The costs for energy-efficient measures range between 200 and 500 euros per square meter. A complete window replacement costs around 1,500 euros per window. Façade insulation can come to 150 to 250 euros per square meter. The government generously supports these measures: through the Federal Funding for Efficient Buildings (BEG), grants of up to 70% for a new heating system are possible. A funding check is therefore essential. The following list shows typical measures:

  • Replacement of windows with triple glazing (approximately 20% energy savings).

  • Insulation of the top storey ceiling (costs approximately 25-60 €/sqm).

  • Installation of a modern heating system with renewable energies (up to 50% reduction in heating costs).

  • Façade insulation to reduce thermal bridges (savings of 15-25% in heating energy).

These measures are key to making a 1970s apartment future-proof.

Interior Construction: Costs for Floors, Walls and Doors

Interior Construction: Costs for Floors, Walls and Doors

Interior Construction: Costs for Floors, Walls and Doors

Interior Construction: Costs for Floors, Walls and Doors

Following the technical trades, the visible part of the modernization comes next. The costs for the interior finishing are largely dependent on the choice of materials. For new flooring such as parquet or high-quality tiles, you should budget between 50 and 150 euros per square metre. Plastering and painting the walls, including materials, costs approximately 20 to 35 euros per square metre. Replacing old internal doors not only improves appearance but also sound insulation, costing between 300 and 700 euros per door. Even with a budget of 10,000 euros for a 70-square-metre apartment, you can achieve a significant visual upgrade here. A well-thought-out planning of renovation costs is crucial for success. These final steps significantly determine living quality and the first impression at a potential sale.

Identifying cost traps and savings potential

Identifying cost traps and savings potential

Identifying cost traps and savings potential

Identifying cost traps and savings potential

The biggest cost traps lurk hidden away. Asbestos in tile adhesives or insulation can drive renovation costs up by over €1,000 per square meter. Moisture damage in the basement, due to the end of the technical lifespan of the seal, can quickly incur costs of over €10,000. Savings potential mainly lies in self-performance, which can reduce costs by up to 40% in electrical renovation (e.g., chopping channels). Further ways to cut costs include:

  1. Obtaining at least three comparable quotes for each trade.

  2. Carefully reviewing funding opportunities, which can cover up to 20% of total costs.

  3. Using standard sizes for windows and doors, which reduces costs by 15-25%.

  4. Engaging an energy consultant, whose fee is 50% funded and prevents inefficient measures.

A data-driven analysis, such as the one offered by the Auctoa Sanierungspotenzial-Bericht, objectively reveals these risks and opportunities. This ensures that your budget is not consumed by unforeseen expenses.

Conclusion: Planning is the key to success

Conclusion: Planning is the key to success

Conclusion: Planning is the key to success

Conclusion: Planning is the key to success

The modernisation costs for a 1970s flat are considerable, but manageable with precise planning and professional support. Expect an overall budget of at least €60,000 for a 70-square-metre flat to bring it up to contemporary standards. An energy-efficient renovation is not only mandatory but also significantly enhances the value of your property. Use an AI-powered assessment to determine the exact renovation needs and value enhancement potential. This way, you make informed decisions based on facts, not intuition. A well-planned renovation is the best investment in the future of your property.

FAQ

FAQ

FAQ

FAQ

What are the pure modernisation costs per square meter?

Costs vary significantly depending on the scope. For a comprehensive refurbishment of a 1970s property, costs range between 900 and 1,400 euros per square meter. A purely energy-efficient renovation costs approximately 200 to 500 euros per square meter.



What government funding can I use for renovation?

You can apply for grants and low-interest loans from KfW (e.g., Programme 261) and BAFA. Funding is available for individual measures such as heating replacements (up to 70% subsidy) or complete refurbishments to an energy-efficient house. Alternatively, a tax deduction of 20% of the costs is possible.



How long does it take to renovate a 1970s apartment?

A full refurbishment of an apartment typically takes between 3 and 6 months, depending on the scope and coordination of trades. Smaller modernisations can be completed in a few weeks.



What are the most common unforeseen costs?

The most common unforeseen costs arise from the discovery of pollutants (asbestos, PCB), which require expensive specialist disposal, and from moisture damage to the building fabric, which only becomes visible after opening walls or floors.



Can I really save money through DIY?

Yes, by doing some of the work yourself, such as demolition, chiselling, or painting, you can significantly reduce labour costs, sometimes by up to 40% for certain trades. However, electrical work or plumbing should always be left to the professionals.



How does Auctoa assist me in planning my modernisation?

Auctoa provides a data-driven property valuation and a renovation potential report. Our analysis objectively identifies the condition of your property, the renovation needs, and the potential costs. With our ImmoGPT, you can quickly clarify initial questions, thereby creating a solid foundation for your project decision-making.



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auctoa – Your partner for precise appraisals and certified reports. Property valuation and land valuation. With digital expertise, expert knowledge, artificial intelligence, personalised advice, and comprehensive market insights.

Made in Germany

BASED IN HAMBURG

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auctoa – Your partner for precise appraisals and certified reports. Property valuation and land valuation. With digital expertise, expert knowledge, artificial intelligence, personalised advice, and comprehensive market insights.

Made in Germany

BASED IN HAMBURG

GDPR-compliant

HOSTED IN EUROPE

auctoa – Your partner for precise appraisals and certified reports. Property valuation and land valuation. With digital expertise, expert knowledge, artificial intelligence, personalised advice, and comprehensive market insights.

Made in Germany

BASED IN HAMBURG

GDPR-compliant

HOSTED IN EUROPE

auctoa – Your partner for precise appraisals and certified reports. Property valuation and land valuation. With digital expertise, expert knowledge, artificial intelligence, personalised advice, and comprehensive market insights.

Made in Germany

BASED IN HAMBURG

GDPR-compliant

HOSTED IN EUROPE