Fancier Kitchens, Higher Budgets: Homeowners Want to Renovate

The kitchen is often considered the centerpiece of a home, so it’s not surprising that it tops most homeowners’ renovation lists. Homeowners are spending more to outfit their kitchens, too. Kitchen remodel spending jumped 27% in the past year, reaching a median of $14,000 on upgrades, according to a newly released Houzz & Home survey of more than 140,000 homeowners.

remodeling costs by room. Visit source link at the end of this article for more information.

© Houzz

After the kitchen, the next biggest remodeling expenditures are for guest and master bathroom remodels, which increased over the past year by 17% and 14%, respectively, the survey found.

The top home decor–related purchases among homeowners are:

  • Pillows and throws: 51%
  • Rugs: 50%
  • Large furniture: 47%
  • Artwork: 46%
  • Small furniture: 44%
  • Lamps: 39%
  • Window treatments: 39%
  • Storage/organization: 34%
  • Mirrors: 28%

The top home improvement–related purchases among homeowners who renovated:

  • Paint: 71%
  • Light fixtures: 55%
  • Faucets and shower heads: 52%
  • Building materials: 44%
  • Lawn and garden supplies: 44%
  • Non carpet flooring: 43%
  • Hardware (cabinets/doors): 39%
  • Sinks: 35%
  • Tile (walls/backsplashes): 33%
  • Countertops: 33%
  • Major kitchen appliances: 32%
  • Hand and power tools: 32%
  • Toilets: 30%
  • Doors—interior/exterior: 28%

The top outdoor decor:

  • Lighting: 26%
  • Large furniture: 23%
  • Small furniture: 20%
  • Pillows and throws: 16%
  • Fire features: 12%
  • Rugs: 12%