2024 Renovation Trends: Our Comprehensive Report

In the first quarter of 2024, homeowners invested $463 billion in home renovations. Projections suggest that home renovation spending will decrease by $12 billion in the first quarter of 2025. According to USA Today, despite home renovation statistics and spending trends signaling a pending decline post-pandemic, many homeowners plan to invest in their home. The home renovation industry has quickly surpassed the $400 billion threshold within the last two years, according to reports from the Joint Center for Housing Studies of Harvard University (JCHS) Leading Indicator of Remodeling Activity (LIRA).…

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Top Home Renovation Projects to Boost Resale Value

Planning to list your properties this spring? If you’re a company involved in real estate or renovation, you’re probably preparing to enhance your properties, whether through simple cosmetic touch-ups like repainting or more substantial renovations such as replacing cabinets or upgrading bathroom fixtures. But before you proceed, consider this. According to Boston, you may be surprised to learn that not all home improvement projects add value when you sell your house. To find out which add the most value for your remodeling buck, the annual “Cost vs. Value,” or CVV,…

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Renovators’ Guide: High-Value Kitchen and Bathroom Upgrades

Confronted with the uncertainties and potential complications of large-scale renovations, many people shy away from purchasing fixer-uppers. A recent study by Frontdoor reveals that offers for fixer-uppers halved between 2022 and 2023. However, the high risk can yield significant rewards. Frontdoor found that, on average, those who undertake the renovation of a fixer-upper earn a 27.5% return on their investment. This is in addition to the personal satisfaction of designing a home to suit their tastes. According to Real Simple, of course, without the appropriate planning and strategy, budgets tend to…

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Home Renovation Market 2024: Key Players and Investment Strategies

The latest research study released by Worldwide Market Reports on the “Home Renovation and Refurbishment Market 2024” offers a comprehensive and precise analysis of both global and regional markets. The report’s analysts and researchers provide an in-depth competitive analysis of the Home Renovation and Refurbishment market, including detailed company profiles of leading market players. This study utilizes extensive primary and secondary data sources, examining various parameters impacting the market environment, competitive landscape, historical data, current trends, technological innovations, upcoming technologies, and advancements in related industries. According to Open PR, in…

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