NEWS – SURVEY ON HOMEOWNER ATTITUTE TOWADS REMODELING

01/10/2011 - Survey On Homeowner Attitute Towads Remodeling

Remodeling gives homeowner a chance to really think about how they and their family live and how space can enhance their lives. According the semi-annual survey of 5000 U.S. homeowner, it has proved that homeowner with low equity and lower-value homes have put their remodeling project on hold and homeowner with high equity are moving ahead with their projects. It is also said that it is the best time to remodel the home because new home construction is at low levels and more materials and labor are available for remodeling. There is a drastic reduction in prices for home repairs and remodeling. This will result in shorter project schedule and lower project costs.

Interesting finding is that around 81 percent plan to start their home remodel this year and 65 percent plan to do some of the work themselves. Kitchen remodel is the top project in recent time.

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