Which apartment to choose: with or without renovation

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Let's say you are ripe for buying an apartment. The budget has been determined, the area has been chosen, the infrastructure is known and suits you. But there are two houses to choose from: a new one with unfinished apartments and an already inhabited 5-7 year old one, in which the apartments are already renovated. Let's compare prices, conditions, investments and time costs. What is better and more profitable?

We suggest using the website for the sale of apartments in Yekaterinburg as an example and for collecting information. https://ekb.etagi.com/realty/. The region and the city are not the most expensive and not the cheapest, perfect for analysis.

Apartment prices

One-room apartments in the "stop in and live" condition cost on average from 3,000,000 to 3,800,000 rubles. These are residential apartments, which have already been renovated, all the necessary communications have been laid, there is electricity, heat, water and sewerage. There are doors, perhaps, air conditioners and other equipment are installed. If cosmetic repairs are required according to your own desires and taste, then you can do it in stages, in parts or at once, but in a very short time and for little money. For example, it doesn't take long to change wallpaper or laminate. Also, a lot of knowledge is not required and highly qualified specialists are not needed.

Always review the estimate

Odnushki in a new building without repair cost from 2,500,000 to 3,800,000 rubles. It seems profitable, but you have to make repairs from scratch: starting with design, engineering, and ending with finishing work. The repair can take more than six months, and the amount of money invested, taking into account the constant rise in prices for building materials, may exceed 1,000,000 rubles. Moreover, you will have to sort out a lot of issues, since specialists of various directions will be involved. Everyone needs to be given instructions, with everyone you need to discuss the details, competently combine the work of several masters, and so on.

Additional expenses

Possible costs when buying residential apartments with finishing

  • There are practically no hidden payments in a renovated apartment, the repair has already been done, all the shortcomings have already been revealed in 2-3 years of operation. Especially if you have competently approached the choice of an apartment and hired a consultant who will check the quality of engineering systems, preparation of foundations and topcoats. The maximum that you can expect is a corner of unsticked wallpaper or a gap between the baseboard and the parquet floor. Or maybe the crane needs to be replaced... The cost of eliminating such defects is 10,000 - 20,000 rubles, no more. The time spent on repairs is minimal!
  • In addition, you can check into the renovated apartment immediately after purchase. You can immediately transport your belongings, or furnish rooms. Kitchen sets and built-in appliances are also often left in apartments - this significantly saves your budget.
The builder calculates the estimate

Possible additional costs when buying a new building in a non-residential state

  • If you buy a "concrete box" without finishing, you need to live somewhere during the renovation. And this is an additional cost for renting housing and, possibly, for storing your things in a warehouse.
  • In addition, it should be borne in mind that the planned and actual costs of repairs often differ. The calculated estimate for repairs can grow in the process of work, because it is not possible to calculate everything by 100% at the very beginning. The need for additional work may be identified, which was initially impossible to predict. Or you yourself will add new "Wishlist" to the estimate, which you did not think about in advance. As you know, "appetite comes with eating." All these factors will further increase the repair time and cost.
  • Also, do not forget about the contractor's mistakes or his lack of punctuality, reworking of low-quality work and violation of deadlines. Many things can go wrong. There is always such a risk!
  • Therefore, if you have a limited budget, no experience in renovating "from scratch", and you are not stress-resistant, it is strongly we recommend buying an apartment with decoration, and if necessary, limit yourself only to cosmetic repairs in your own way taste.

Associated discomfort

Let's compare a 5-7 year old house with a newly commissioned one in terms of comfort.

In the first case, repairs have already been made in 80-90% of apartments, and you will not be disturbed by endless noise, dust, pasted over corridors and elevators. Eternal loading, unloading and transportation of everything and everyone in apartments under construction - you will not be bothered either.

Your neighbors have already moved into their apartments, their life is arranged, you can just enjoy life. The adjacent territories are already fully decorated and inhabited. Landscaping and other works are not being carried out.

In a new building, the opposite is true, within the next 2-3 years your house will be endlessly renovated. The sound of a punch will become the norm in your life, since not everyone and not always follow the silence rules. Also, be prepared for dust, dirt, builders and everything related to this. Common spaces will not be inhabited, the territory of the yard will often resemble a construction site. Residents of the house will be nervous and dissatisfied, since few people will be pleased with such living conditions.

Which apartment to buy: with or without renovation

By the way, do not forget that in a new building, in which many apartments are being renovated at the same time, water and electricity are often cut off. This is due to the fact that some repair and construction work can be performed only by turning off the power or water supply system.

Output

A renovated apartment in a residential building looks more attractive, despite the higher price. But in the aggregate, it may turn out that the "secondary housing" in the end will be cheaper for you in all respects. You can immediately use your apartment comfortably, no need to wait, endure and strain.

Construction team

"Novostroy" without renovation is a great way to realize your wildest dreams in design, ergonomics and comfort. But this is provided, if you are willing to pay with your money, time and nerves. Never go into a greenfield renovation with a tight budget and little time to spare. Something can always go wrong as planned. Alterations and improvements may be required. The completion date of the repair can be shifted by weeks and months, and the cost can grow by tens of percent.

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