Reasons for Canadian homeowners going over budget when renovating 2017

This statistic displays the reasons for homeowners going over budget when renovating their primary property in Canada in 2017. Some 42 percent of survey respondents stated that they exceeded their budget due to buying more expensive products or materials.

Reasons for homeowners going over budget when renovating their property in Canada in 2017

Share of respondents
Decided to buy more expensive products or materials42%
Products or services were more costly than expected38%
Decided to change project scope or design33%
Project was more complex than expected25%
Discovered unexpected construction-related issues23%
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Source

Release date

August 2018

Region

Canada

Survey time period

March 5 to April 24, 2018

Number of respondents

7,771 respondents

Age group

18 years and older

Special properties

homeowners who renovated their primary home in 2017

Method of interview

Email survey

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