1 out of 5 new homeowners did a remodeling project last year
Making your new house your own home is one of the perks of becoming a homeowner. And during the past year, 20% of new homeowners did just that: took on home improvement projects for their new homes.
During the past year, new homeowners spent a hefty $18 billion on home improvement projects (CAR.org). The projects ranged from small (painting a room), to large (room additions), but each of these owners took steps to add a little bit of themselves into their new home.
Those who remodeled focused on:
- remodeling their kitchen (70% of new owners remodeling)
- adding new landscaping (68%)
- tackling an addition (49%)
- remodeling a bathroom (43%)
- replacing windows (29%)
Owners who are considering doing a home improvement to make selling their home easier should take a look at CAR’s list of the top 10 most cost-effective remodeling projects.
“No project left undone” infographic from CALIFORNIA ASSOCIATION OF REALTORS (CAR) at car.org.