Houzz finds homeowners moving forward with renovations |
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Wednesday, June 24, 2020 02:00 AM |
More than half of those who were in the middle of renovations when shutdown took place were ready to continue those projects as permitted. Just 1% of those surveyed reported canceling their projects in progress. Experts anticipate increased activity and more requests for professional help with home projects as the economy reopens. After spending much more time at home, 79% of Houzz respondents said that they found upgrades that they would like to make. Outdoor upgrades topped the wish list of home improvements. This could be due to consumers wanting to make their homes an attractive staycation “resort” or simply wanting more comfort and privacy at home. The Houzz survey gives a new perspective on the data in the 2020 U.S. Houzz & Home Study. That study found that 2019 spending on renovations declined slightly from the previous year. In that survey of 87,000 people, security cameras and lighting were the leading outdoor upgrades or purchases. These practical purchases related to safety and security may be overtaken by expenditures that support comfort and recreation as the year progresses, if current consumer demand is any indication. Read more in this issue of Colorado Green NOW: |