Jan 18 2008
ReliableRemodeler.com, a leading home remodeling resource for homeowners providing a trusted connection between homeowners and local contractors, announces results for their survey on homeowner's remodeling plans for 2008. The start of the new year is often a time for planning, and homeowners are ready to take on practical home improvement projects to improve their home and bring a substantial return on investment.
Fifty percent of homeowners answered that they had major remodeling projects to start in the coming year. The most popular projects were bathroom and kitchen remodels, as well as various room additions.
Sixty-two percent of homeowners had a wider range of home improvement projects they hoped to complete in 2008. Homeowners seemed set on home improvement projects, as opposed to large remodeling projects to invest in their home. These improvement projects included painting, new windows, new flooring and roofing projects.
"Homeowners may be attracted to home improvement projects because it makes a practical change to the home and the return on value is still significant," stated Eric Doebele, President of ReliableRemodeler.com. With the current housing market, these kinds of investments are often viewed by homeowners as a safe, and smarter, investment."
While home improvement projects large and small were mostly undecided, there was one area where homeowners were in agreement: home maintenance. Eighty-one percent of homeowners said they regularly kept up on home maintenance in 2007. No matter what plans homeowners have for 2008, it is likely that home maintenance projects will be a consistent part of them.