5 Things You Need To Know About the Pinoy Homeowner
Regardless of floor area or budget, we all want to go home to a top-notch haven
When visiting other people’s homes, it’s no longer surprising to see a few pieces that we also have in our own spaces. How many times have you seen a beautiful work of art depicting The Last Supper in the dining area? Or a shelf showcasing framed graduation photographs and school achievements? Without a doubt, we all have a penchant for personalizing a space—whether it’s a two-storey apartment or a newly purchased studio.
Given these similarities, it’s quite interesting to learn more about our fellow homeowners—are they willing to invest in quality furniture and accessories? Do they plan to have the home renovated in the near future? We dug up a few facts to let you in on a secret—we all want a beautiful home:
1. Half actually own their living space, while others still live with their relatives. (50% and 20%, respectively)
Our homes are investments that we need to work hard for. Those who are planning to buy their own property may want to look into filing for a home loan. There are some who opt for high-rise living by scouting for the perfect property around the Metro. Just remember that it’s crucial that your home meets your needs and fits your lifestyle.
Living with your in-laws? Check this out.
2. Their smallest house lot area should be 72sqm (for a single-detached house), but we live in condo units much smaller than that!**
Deciding to invest in a property is a huge step on its own. However, you need to finalize which type of home best suits your needs. Are you sure about a condo? Have you ever considered building a bungalow or a multi-storey home? Plan ahead and save up for your dream home.
3. They are planning a home makeover or renovation within the next 12 months. (59%)
Maintaining a home is a continuous process. From updating your furnishings to planning a new color scheme—we’re all ready to spend our hard-earned cash to improve our spaces. Those who are planning a complete overhaul or renovation must check for signs if a makeover is inevitable.
Consultation with a design professional is important to help you save on costs, too. Remember that you don’t have to be in a rush when it comes to big steps such as these. A makeover project takes months of planning and even years of saving up before you can finally begin.
4. They penny-pinch but are saving up for a big-ticket furniture piece like a sofa, a bed, or a dining set. (60%)
We’re sure you’ve heard about investment pieces that you need to have at home. While it’s quite challenging to allot a portion of your income for these must-haves, do know that these can help you save more in the long run. Visit different stores and compare prices. Make sure you bring your own essentials when shopping for furniture!
5. They love to DIY when they have the time. (65%)
Name it, we’ve probably done it—from fixing busted pipes and dealing with creaky floors to crafting décor and setting up vignettes—Pinoy homeowners are resourceful and creative. The best way to personalize a space would be to showcase pieces you’ve made and repurposed on your own. Just keep in mind that if there are problems you can’t fix with DIY skills, it’s always best to call the experts.
*Based on a 2nd quarter 2014 survey conducted by Real Living.
**Based on the Revised Implementing Rules and Regulations for BP 220 by the Housing and Land-Use Regulatory Board.
PHOTOS: Marc Jao (1) | Miguel Nacianceno (2, 3, 4, and Drill) | William Ong (DIY Project)
More on Realliving.com.ph