We are negotiating to buy a derelict barn to convert into a 250 sq m house. Could you provide an approximate estimate of the likely conversion costs?
The state of the roof and external walls are usually the key factors in barn conversion costs. If they are in good condition, the conversion costs should be about 60% of new build costs. So if you were building to an average standard of £900 per sq m, the costs would be 60% x £900 = £540 sq m. However, this figure would increase
if the standard of the specification was improved. You should also budget about £10,000 for paths, drains, fencing and so on.