According to the survey, 40 percent of Russians prefer to carry out apartment renovations themselves, without consulting professionals, in order to save money. Such data is provided by the insurance company Rosgosstrakh based on the results of its own research; socialbites.ca has a copy.
The main motivation for them is saving money (54%). Additionally, 29% do not trust their own abilities, while 17% do not trust the work of professional teams. 39% of Russians hire specialists for repairs, 22% combine independent work with the services of specialists.
Most Russians (56%) last renewed less than 9 years ago, and 16% did so in 2023. One in ten people are currently renovating their home.
At the same time, 71% spend no more than 500 thousand rubles on the renovation of their apartment. Only 21% invest more than 1 million rubles in repairs.
According to 26% of respondents, they took out loans to pay for their work. The increase in prices for building materials and services has forced many people to save money in the renovation process. 36% had to choose cheaper equipment, 27% plumbing, 22% finishing materials.
“Usually, when renovating, the main issues concern design or furniture. However, it is also important to take into account risks such as replacement of communications, damage to materials. In 2023, we paid more than 2 billion rubles for citizens’ property risks, said Yulia Serova, head of the company’s Property and Liability Insurance Payments Department ” said.
The day before the experts appreciated Benefits of investing in real estate.
Russians before saidThey stated that they were not satisfied with the rental housing.