5 most popular home improvement projects
A picture-perfect house on the outside. Who wouldn't like
coming home to that?
But when it comes to home improvement
efforts and dollars, it makes sense that most of us are putting them into the
part of our homes we see the most: the inside.
to think about having a nice bathroom that you use every day instead of how nice
new siding would be," says Dean Bennett, president of a Colorado-based design
and construction firm. He estimates that more than half of homeowners "undertake
remodeling projects with the key purpose of making their homes more livable."
Hicks, director of marketing for Reliableremodeler.com,
puts it this way: "Having a new kitchen or bathroom gives homeowners a greater
feeling of satisfaction because of the new space they have to enjoy. A siding
project, while it may be a good investment, simply does not provide a homeowner
with the same feeling of satisfaction."
why people -- provided they want to stay put in their homes -- are less inclined
to check and follow lists of improvement projects that offer the best
return on investment and more likely to open their wallets in search of what
makes them happy.
A survey of more than 2,050 homeowners looking
to hire a contractor -- conducted in 2006 by Renovation Experts, a network of
more than 3,000 remodeling contractors -- revealed that nearly half intended to
undertake an improvement project before the holiday season.
|5 most popular projects |
room additions||7 percent|
wall covering||5 percent|
Bennett notes another reason for the
items cited to make such a list -- they are things that go in and out of style
most quickly. "People will fix up the things that bother them the most,"
The survey results are consistent with other research.
Reliableremodeler.com's data of the top requested services for the last six months
include each of the above as part of the top 11 most requested. Window installation
was another popular project that boosts quality of life on the inside of a home.
2006 survey of 5,000 homeowners conducted by Dan Fritschen, author of "Remodel
or Move?" and founder of the Web site by the same name, delved further to
learn what potential home remodelers were seeking. Half of the additions planned
were for extra living space, such as dens and bedrooms. And 57 percent planned
to add more bathrooms.
James Carey, who has a weekly radio
program and newspaper column called "On
the House" along with his brother Morris, says the above items "have
been high on the list of popular remodeling projects for many years. They continue
to be the most popular because they have the greatest impact on both the appearance
and comfort of a home," he explains, adding that it's typically about "what
most appeals to them and what their pocketbooks will allow."