It is now the turn of RénoAssistance and the Association of Construction and Housing Professionals of Quebec (APCHQ) to unveil the results of a survey of the renovation intentions of Quebecers.
Their conclusion: renovation intentions and the budgets provided for this purpose remain stable and very close to those expressed in 2022 – with an average of $21,000 for interior work and $20,000 for exterior work. The budgets planned for the expansions have, for their part, been revised downwards ($73,000 on average, or $8,000 less than last year).
Individuals, however, seem divided on the economic uncertainty, 48% of respondents saying that the postponement of their project is not excluded in the event of deterioration, while 46% are confident in their realization, whatever happens. In terms of the most popular renovations in a three-year horizon, those concerning the interior are particularly represented (including the major renovation of the bathroom, floors and minor works); outdoor construction sites should increase by 2025, particularly work on balconies, patios or terraces. The survey was conducted in January 2023 with more than 1,000 Quebecers intending to carry out work of at least $5,000 within three years.
