Home Renovation Statistics 2024. Value of homeowner renovation expenditure in the u.s. A new year is almost here, and there’s a lot to look forward to in.
Homeowners on houzz about their home renovations in 2023. Home renovation trends you’ll see everywhere in 2024.
This Was An 11.8% Increase From 2020 And Nearly.
Home remodeling generated $369 billion in revenue in 2021, a 9% increase over 2020.
Homes Were Built Before 1970, Indicating A Large Number Of Homes That Might Need Renovation.
Over 30% of respondents had a renovation budget between $5,000 and $15,000.
Home Renovation Projects Also Encompass The Remodeling Of External Structures Such As Gardens, Garages, And Lawns.
Images References :
However, If You Buy Something Through Our Retail.
Home listings located in the south made up more than half (56.6%) of available inventory in april 2024, up from 52.0% last year and 47.7% in april 2019.
Weakening Of Residential Remodeling Activity Anticipated For 2024.
Houzz research march 27, 2024.
About 80% Of Houses In The United States Are At Least 20 Years Old, Therefore They Require Home Improvements And Remodeling.