A recent survey by LightStream found that despite the coronavirus pandemic, 73% of homeowners are planning to renovate this year. And these homeowners are planning to spend big money, too — the survey found homeowners plan to spend an average of $11,851 on these renovations. These numbers might sound shocking in light of the financial hardships many Americans are facing due to the pandemic, but it seems the health crisis actually might be the reason so many are so motivated to renovate.
“As a result of COVID-19 shutdowns that closed offices, businesses, schools and more, self-isolation has forced Americans to take a much closer look at their homes,” Todd Nelson, senior vice president of strategic partnerships at LightStream, said in a news release. “Many have clearly decided that renovation remains the right move.”
If you’re one of the many homeowners who’s eager to update your home this fall, these are