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Thu, 12 Nov, 2015 12:05:50 AM FTimes Report, Nov 12  Large renovations planned by housing companies, percentage of respondents. Source: Renovation of buildings and apartments. Statistics Finland. Owners of dwellings and housing companies renovated their dwellings to the tune of EUR 5.8 billion in 2014, according to Statistics Finland.
Combined renovation costs remained unchanged from 2013. EUR 2.7 billion was spent on renovating detached and terraced houses. EUR 2.4 billion was used on renovations to blocks of flats, and EUR 730 million to dwellings in terraced houses, the data show.
The renovation costs of state-subsidised rental dwelling companies amounted to EUR 420 million in 2014 and to EUR 480 million in 2013.
Most of the renovations to blocks of flats, EUR 1.82 billion, were spent on renovations made by housing companies and the remaining EUR 530 million on own renovations or contracted renovations by owners of dwellings in blocks of flats.
Terraced house companies used EUR 430 million on renovations and owners of terraced houses EUR 300 million.
The value of own work was not taken into account in renovations made by dwelling owners.
Renovation costs relative to the floor area amounted to EUR 46.3 per m² in blocks of flats in 2014.
The corresponding cost item was EUR 31.5 per m² in terraced houses and EUR 21.0 per m² in detached houses.
Housing companies were asked about large renovations that are planned for the next ten years. Over 20 per cent of the housing companies that answered the question were planning a façade renovation and as many a roof renovation.
Eighteen per cent were planning a water supply system renovation and 15 per cent a sewerage system renovation.
In 2014, EUR 910 million were used on renovations to office buildings. The share of commercial buildings in renovations was EUR 670 million.
Relative to the floor area, the renovation costs in commercial buildings was EUR 19 per m² and EUR 25 per m² in office buildings. EUR 1.2 billion were used on renovations to public service buildings in 2014.
Renovation costs by type of house and structural element in 2014, EUR million
Renovation costs of buildings by purpose of use of the building, EUR million
1) The renovation costs of commercial and office buildings were analysed for the first time for 2014 Source: Renovation of buildings and apartments. Statistics Finland. More News
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| Monday, 29 April, 2024 |
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