According to a nationwide study by building resource Houzz, designers and remodeling experts predict home improvement spending will continue to grow well into 2025. People are particularly expected to be willing to pay for large and luxury kitchens for cooking, eating and entertaining,
The 2025 U.S. Houzz Kitchen Trends Study found that more than a third of homeowners increase the footprint of their kitchens during a renovation. More space is created by building an addition or expanding into an adjacent space like a closet, dining or living room.
“Nearly half of the homes in the U.S. are 42 years old or older and were built to serve homeowners of a different era,” said Houzz staff economist Marine Sargsyan in a news release. “As kitchens take on a more centralized role in daily activities, homeowners are choosing to surrender neighboring rooms and exterior spaces for additional kitchen square footage to meet their needs.”
According to MSN, Many of the survey’s 1,620 respondents said their recent or planned kitchen renovation project was due to deterioration and dysfunction, or to address age-related and other special needs by installing additional lighting, nonslip floors, lower counters and wheelchair-accessible doorways.
Financial readiness drives nearly a third of homeowners to take action, while 28% are seeking to personalize a recently purchased home, found Houzz.
