Home owners are calling remodelers more often this spring, looking to repair and replace the older components of their homes, according to an annual remodeling survey from the National Association of Home Builders.
“More than 60% of remodelers reported increased demand for repairs and replacements of old components in the past two years, while more than half of remodelers said that the desire for upgraded amenities increased,” the survey found. “In contrast, more than 20% of remodelers said there was a decrease in customers remodeling to increase home values as an investment.”
Kitchen and bathroom projects remain the most popular remodeling jobs, with home owners increasingly upgrading both rooms and making major repairs as they decide to stay in their current homes longer. Nearly 50% of remodelers report seeing an increase in the number of home owners who undertake remodels to avoid moving compared to last year.
The other projects remodelers cited as most in demand right now:
- Window/door replacements (44%)
- Whole-house remodels (35%)
- Room additions (33%)
- Handyman services (31%)