Apartment renovation as a form of gambling

I'm not quite ready... and this isn't really CMP's core topic... It's better to keep a repair diary on some construction forum, where users are more likely to help with advice )))

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OK.
Background - "Decision to repair."

Financial side
My bankroll has long since become excessive. I have a lot of money, but the game has become routine. Emotions and adrenaline are a distant memory. Now, a deep drawdown in my bankroll only causes irritation over the long delays of winning, which inevitably eventually comes. There's a clear upward trend in my bankroll; my playing level of +10,000 UAH per day is sustainable and doesn't require crazy investments or bets of $10,000 per turn.
"From rags to riches" works perfectly, except now the "rags" are 10,000, which I allocate daily. Thanks to this, the bar is effectively lowered by 2x (versus 10x or 20x a couple of years ago), making my game low-risk.
In general, there is a normal reserve of money.

Furthermore, I've already bought several rental apartments. But I've never done any major renovations there. Tenants are guaranteed to destroy everything, following the "If it's not mine, I don't mind" principle. So, I'm not eager to buy new apartments "for a rainy day."

Current repairs are more associated with the desire to invest money somewhere.

Why renovation?

1. The game doesn't take much time, but the repairs do. = relieve boredom
2. You can lose money, but the repairs will remain.
3. Any residential premises require repairs approximately once every 30 years.
4. Improve the interiors, aesthetics and beauty around you.
5. Make a large gift to your family.
6. Creative and constructive element.

I don't know what else )))

Like another live game = try to achieve the goal when the tilers can't cut tiles at 45 degrees, and the foremen don't want to share cost estimates.

My circle of gaming acquaintances includes several builders and construction foremen (more on that later). In the evening, over drinks, they often like to brag to each other about who ripped off their clients and how. After such stories, you start to perceive RENOVATION as a major scam. Well, I fight scams on principle.

In Ukraine, the threat of a total financial crisis is incredibly high. Putin is also preparing to deploy troops. It's clear that in such a scenario, money could disappear in a second. It needs to be INVESTED quickly and in large quantities. Renovations are perfect for this purpose. You can throw in three bags of cash and look at bare, painted walls.

Why are repairs expensive?

1. Money allows, but it’s clear that I’m not going to hang elite Italian chandeliers for 100K euros and I can live perfectly well without golden toilets.
2. Apartment renovations are designed to last 30 years. I'll do it purely for myself; given my age, I'm unlikely to need to redo it...
3. This renovation is for my family = there is no point in saving (since funds allow)
4. I want beauty with a touch of sophistication.

Planned budget and timeframe.

These foremen I know say that the cheapest and fastest major renovation of a 2-room apartment is considered "turnkey" at 20K USD (without furniture) and takes 2 months.

I will be making a 3-room apartment, so I am budgeting for
1 (preparation) + 3 (repair) + 1 (stock) = 5 months
And
30K (cheap turbo) * 2 (increase material class) = 60K USD

Something like this.....

Vladimir V. wrote:
If your income is "comparable to that of top managers," then you hire a designer and that's it! What's there to invent? Or write beautiful words?
And if you're doing it yourself, you'll need a friend who's done this kind of repair before!

Designer

a) From the videos I watched = the services of a GOOD designer are not cheap, there are price tags flashing there
for the completed project, 3500 UAH/m2 = 200K-300K for a standard apartment... Is it better to add these 200-300K to the renovation itself?

b) I was once furnishing my daughter's room, and they assigned me a super-duper designer who ended up making everything look beautiful, but his technical "solutions" made ALL THE FURNITURE lose about 30-40% of its usable space! I stupidly trusted the reviews and recommendations, and now I'm constantly annoyed by his stupidity.
=== I don't want to run into some half-educated student who will experiment on my project and at my expense ))))

c) You need to delve DEEPLY into it yourself, so that you don’t regret it later.

A friend to the rescue

I don't have a picture like the one in my head, and I don't know anyone who does. It's more like "I wouldn't do that" than "Wow! I need something like that!"
At the same time, after lengthy repairs, few of my friends are truly satisfied with the result.

Maybe we mean different things by "designer"!
And besides, I’m not aware of your prices and rules!
The designer knows (should know) all the new materials on the market and the methods for working with them. He also prepares the estimate. And he also pressures the foremen and builders.
Usually its cost is some percentage of the estimate.
It's still essential at the initial planning stage. Unless you're the builder and have the right hands.

Vladimir V. wrote: He also prepares the estimate. And he also puts pressure on the foremen and builders.
Usually its cost is some percentage of the estimate.

A full-time designer oversees the entire construction process from start to finish. They select contractors, monitor deadlines, and provide design supervision.

Many people confuse a designer and the separate preparation of a design project.

The result of the interior designer's work is an album of working drawings, starting with a rouletted plan, a plan for dismantling and installing structures, a plan for the placement of furniture, plumbing and electrical equipment, and ending with plans for wall elevations and sections of ceilings and walls.

In addition to working drawings, the album includes interior renderings of each room (at least two views for each room). All of this must also be duplicated on an electronic storage medium.

That, in fact, is all that concerns the standard composition of a design project.

Preparing a design project with drawings and specifications costs 500-700 UAH per m2

I asked someone "in the know" from Dnepropetrovsk,
Turnkey with furniture and appliances: budget, for rent = ~$500 per sq.m., for yourself ~$800-1000 per sq.m.
Of course, for your money, any kind of mischief. So the upper limit could be higher.

So, Boris, dig

Coin wrote: I confirm. While I was building a house outside the city, I thought I'd go gray.

I initially commissioned a design from architect Sergey Gotvyansky (he's a top-rated architect). He's very specific about the price. He gives me some fantasy "ideal" (in his mind) country house to start with.
I showed it to the builders - they were clutching their heads.
- What is the 7-meter-high double-glazed window for the facade?
- What are the U-shaped transitions from the central house?
They say to build something like this without it cracking, you need a foundation that covers almost the entire site. If the huge glass on the façade takes up two floors (the manufacturers said such a custom order can be made for $30,000, plus transportation and installation), how will the ceiling and floor connect to it?
Basically, he pushes some bullshit, and then we have to discuss it. Where and what needs to be changed, and in the end, you tell him everything yourself, and then he writes down your wishes. And all this with a hefty price tag for the services.