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Looks Best Profits for Home Remodels: Houzz Study

 

Looks Best Profits for Home Remodels: Houzz Study

POSTED BY administrator on May 28 under kitchen

Looks Best Profits for Home Remodels: Houzz Study
News from woodworkingnetwork.com:

By Rich Christianson | 05/27/2012 10:30:00 AM

 

PALO ALTO, CA - U.S. homeowners are investing in their homes far more to improve aesthetics than to increase home value, according to the new Houzz & Home Survey.

According to the Houzz study, 86% of homeowners are most interested in “improving the look and feel of the space” compared to 47% who said they are most interested iin “increasing home value.” What’s more, the Houzz study found that the gap between these priorities was consistent across all income levels and demographic groups.

Kitchens and bathrooms scored highest on the list of home remodeling projects. Forty-eight percent of survey respondents indicated plans to remodel a bathroom and 45% plan to redo their kitchens. Average budgets run $ 30,500 for kitchens and $ 13,500 for bathrooms.

Fifty-two percent of respondents said they will save money by completing some or all of the projects themselves. This…………… continues on woodworkingnetwork.com

… Read the full article
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