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51% of Homeowners Plan to Renovate their Homes This Year

Tuesday, June 26, 2018   /   by Kevin Schumacher

51% of Homeowners Plan to Renovate their Homes This Year

June is National Homeownership Month and what better way to celebrate homeownership than with renovations that make you fall in love even more with your property! Especially in our market here in the Front Range we see homeowners who don't necessarily get to move into a home that has the exact finishes they were originally wanting, therefore they look into the option of renovation!


Houzz just conducted their yearly home study survey where they analyze renovation trends and for 2018 they determined that half of homeowners (51%) plan to begin or continue renovations on their home with the median renovation spend of $10,000. 


One thing is certain, if you are deciding to take on the task of a home renovation project during 2018 you will want to maximize your return on your project! Here is an updated infographic of the Top 4 Home Renovations for Max ROI.



Some Highlights:



  • Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).

  • Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.

  • Upgrading your landscaping or curb appeal helps get buyers in the door. These upgrades rank as the 2nd and 4th renovations for returns on investment.


  championship real estate, colorado real estate, front range, terrell davis group, sellers

The Kevin Schumacher Team at EXP Realty, LLC
1615 Foxtrail Drive, Ste 260
Loveland, CO 80538
720-230-3030

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or eXp Realty LLC. *Not intended to solicit buyers under buyers agency, not intended to solicit listings currently listed.*The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of eXp Realty, LLC, or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.
Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 29, 2020 10 AM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
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