Most Popular Home Renovation Projects12/10/2021
With house prices on the rise, turning to a house improvement project is one way to get your dream home. But what are the most popular home renovation projects?
A survey from DEWALT, part of the world’s largest tools and storage company Stanley Black & Decker, found that home improvement demand is expected to stay hot across the United States through the rest of 2021 and into 2022.
It is in part due to the tight housing market with more than half (52%) of U.S. homeowners considering renovations as an alternative to buying a new home.
And more than seven in 10 homeowners are already planning on or considering a home renovation project in the next six months.
Popular House Renovation Projects
- Living Room
- Dining Room
- Garden Landscaping
The most common home renovation projects being considered include bathroom remodels (42%) and kitchen remodels (40%), followed by bedroom remodels (28%), porch/patio/deck makeovers (21%), and landscaping projects (20%).
How to choose a Contractor for a House Renovation Project
According to the DEWALT survey, most homeowners (84%) are planning on or considering using a professional home contractor for their upcoming project
But of those who have been in contact with a contractor, more than half (56%) must wait at least three months for work to start.
Contractors are needed most for electrical work (44%), flooring (41%), plumbing (40%), windows (40%) and structural work (39%) – all skills that are required for most of the top projects.
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When it comes to selecting a contractor, homeowners prioritize price (62%), followed by being licensed (52%) and professionalism (49%).
Most homeowners (53%) rely on word of mouth to find their contractor, while 40% of homeowners use online search.
“Many cities across the U.S. are experiencing a home renovation uptick, and as homeowners turn to professionals to complete more advanced projects, the rise in demand is revealing a critical need for more skilled talent,” said Maria Ford, President of Commercial Construction at Stanley Black & Decker.
“This commercial boom across the U.S. demonstrates how imperative it is to expand the skilled trade talent pool, particularly for electrical, plumbing, HVAC, welding, and other similar skills.”