How much does it cost to renovate an apartment in a new building in Ukraine?

Repairs after moving to a new apartment can lead to considerable expenses. In this article we will look at the main aspects of renovation and try to answer the question of how much it costs to renovate an apartment in a new building.

The cost of renovating an apartment in a new building and its features

Renovating a new building has a number of features and requires a careful approach. Let's consider some of these features.

1. Yield of the building foundation
   It lasts for the first two years after completion of construction. Because of this phenomenon, cracks may appear in finishing materials, ruptures in utility systems, and deformation of doors and window openings.
2. Use of special materials
   To minimize the impact of yield on repairs in a new building, special materials with increased ductility are always used. Therefore, it is important to comply with building codes and standards to ensure the integrity of finishing and utility systems during building yield.
3. Condition of the premises at the time of housing reception
   You should pay attention to the condition of the premises when receiving housing from the developer: if it is without finishing, with rough or fine finishing. The choice of one of these options will significantly affect the cost and scope of repair work.
4. Renovation options
   Depending on the degree of readiness of the apartment received from the developer, major repairs, partial repairs or only cosmetic repairs may be required. The choice of renovation type also affects the cost of work and its volume.
5. Location area
   Last but not the least important feature is the location of the new building. The cost of repairs may vary depending on the location of the property. In the central areas of the city, repair prices are likely to be higher than in the suburbs.

How much does renovation cost in a new building: budget calculation

The exact cost of repairs in a new home is difficult to determine in advance due to the influence of various factors, such as the cost of materials, payment for the work of craftsmen, the complexity of the work and its volume.

The cost of renovations in a new home depends on several factors:

• Apartment readiness level. If the layout and decoration of the apartment is not completed, you will have to add the costs of installing internal communications, finishing walls and floors. Otherwise, you can limit yourself to cosmetic repairs.
• Complexity of work. Working on a high floor, many doors, low ceilings and complex layouts can increase the cost of renovation.
• Quality of materials. The use of high-quality materials, such as ceramic tiles and parquet, and the installation of expensive furniture will also increase the cost of renovation.
• Location. The area in which the apartment is located can also affect the cost of renovation. In the central areas of the city, prices for renovation work are often higher than in the surrounding areas.

Stages of renovation work in a new building

The procedure for carrying out repair work in a new building entails the following:

• Preparatory stage. First of all, you need to clean the apartment from construction residues, dust and debris, that is, prepare the room for work.
• Development of a design project. If you plan to change the layout of your apartment or implement complex design solutions, it is better to order a design project from a specialist.
• Rough work. The walls and ceiling are plastered and the floors are levelled. Utility systems are being disconnected.
• Neat work. After rough work, they move on to finishing. This involves painting, wallpapering walls, flooring, tiling, electrical wiring and plumbing.
• Installation of furniture and accessories. They install furniture, lighting, and organize other little things that make the apartment ready for living.

What repair work needs to be done first?

The repair procedure may vary depending on your plans and wishes. However, some work is a priority and are necessary:

1. Electrical wiring and plumbing. It is important to check the electrical wiring and bathroom accessories condition and update them if necessary. This will ensure safety and comfort in the apartment.
2. Waterproofing. In a new building, it is especially important to work on waterproofing in bathrooms and on balconies, because this will prevent high humidity and mould formation.
3. Insulation against loss of heat. It is important to provide optimal temperature in the apartment. Installing high-quality frost protection on ceilings, walls and floors will help reduce heating costs and improve comfort in the apartment.
4. Windows and doors. Check the condition of your windows and doors and replace them with more energy efficient ones if necessary. This will reduce heat loss and help save on heating and air conditioning.
5. Finishing. Fine finish the room, according to your wishes and style. Choose high quality materials and colours, keep your new home toasty and harmonious.

The cost of renovating a one-room apartment in a new building

Usually, the cost of renovating a one-room apartment with rough furnishings is approximately 30% of the apartment's selling price. However, to provide an additional reserve and avoid unforeseen expense, it is recommended to add another 10-15% to this amount. Rough finishing involves basic work necessary for comfortable living.

If you want to make a better and more complete renovation, including fine finishing, installation of modern engineering systems and design, costs may increase. It is important to consider your financial capabilities and make decisions that meet your needs and plans.

The cost of renovating a two-room apartment in a new building

Usually, the cost of renovating a two-room apartment can exceed that of a one-room apartment by 40-50%. This is due to the large volume of work and the larger area of the apartment. The final cost also depends on the choice of materials and builder services.

How much it is to renovate an apartment in Kyiv: estimated prices for 2023

• One-room apartment with an area of 40 sq. m. m – $8,000.
• Apartment of 80 sq. m. m – $15,000.
• Apartment of 100 sq. m. m – $20,000.

The information provided is indicative and may change depending on circumstances. It is important to carry out detailed calculation and planning, taking into account all the features of your project.

Consequently, the cost of renovating an apartment in a new building is individual and depends on many factors. It is important to take into account all the details, carefully plan your budget and choose quality materials and services to assure comfort and cosiness in your new home.

We invite you to view all available properties and apartment plans offered by RIEL Real Estate Corporation. On our website you can find detailed information about available objects, their location, characteristics and prices. To view, follow this link. We wish you a successful choice and pleasure from your new home!