According to the National Association of Realtors, kitchen renovations were the most popular home improvement in 2017. This is because the kitchen is the most feature-rich and appliance-rich. It can also be the most expensive project a homeowner can undertake. The latest home remodeling statistics also show that other popular projects include adding a bedroom, changing doors, building a deck, or fixing the roofing. These are just a few of the most popular home improvement projects in the US.
In the past decade, Americans have increased their spending on home improvement projects, which has helped the housing market. In 2017, home improvement spending hit $425 billion, up 50 percent from 2010. Plumbing upgrades were the most common home improvement project, and they accounted for nearly half of all remodeling activities in 2017. Second-most popular upgrades included installing garbage disposals or built-in dishwashers. Other popular home remodeling projects include replacing doors and windows, as well as installing water heaters.
According to a Harvard Joint Center for Housing Studies, Americans spent $425 billion in home improvements in 2017. This is 50 percent higher than in 2010, when spending on renovations was at its lowest. With 4.1 million homeowners spending an average of $1360 per homeowner, plumbing upgrades was the second most popular home improvement project. Other interior home improvements include installing ceiling tiles, paneling and new flooring. These projects were completed by 5.2 million households in 2017 at a cost of $3,283, with an average price of $27,000.
A master suite is the most popular home improvement project. A master suite includes a private bathroom, a walk-in closet, and a dressing area. It increases the value of your house and can help you sell it more quickly. Before embarking on such a project, make sure to consult with a real estate agent. This can help you avoid some common mistakes and maximize your investment. It’s not easy to choose the best home improvement project for your needs and budget.
The most popular home improvements are those that offer the highest return on your investment. Simple projects such as replacing the carpet and restaining the floors are the most affordable and most effective. According to the Harvard Joint Center for Housing Studies, 5.2 million homeowners did interior improvements in 2017, at an average cost of $3283. Aside from the exterior, interior improvements include installing new windows, replacing the siding, and renovating the kitchen.
Investing in home improvement projects is a great way to add value to your property. It can increase the value of your property. If you are remodeling your kitchen, you could add a bathroom suite. A new kitchen is another popular home improvement project. You can also replace an old door with a new one that will match the new one. You can also make a mother in law suite or finish your basement to offset the homeowner’s mortgage payments.