Two-thirds of consumers are planning home renovations! If you want to start a home improvement project consider cabinet refacing and visit us at the New England Home Show & Home Show at Patriot Place.
Consumers are spending more money to improve their homes, a new survey says. A fast and inexpensive way to accomplish this is with a minor kitchen remodel, or cabinet refinishing and refacing along with new countertops.
There is a lot more consumer confidence out there and this is a great direction for the real estate market. Whether you want to sell your home in the future, or just make it more comfortable, home improvements are a great idea.
Some 32% of respondents cited improving the home's appearance as the reason for renovating, while 22% linked the renovations to preparing the home for a future sale. Only 11% said the renovations were to improve the property's value.
For those looking to upgrade their living situation, consumers have long grappled with staying in their current home and renovating or buying a different property.
This choice may be easier to make for some homeowners, especially if they have the credit standards required to obtain a mortgage to purchase a more expensive home. For other consumers who have been shut out of the mortgage market on the heels of tighter lending standards by banks, the renovation option becomes front and center.
For more information on cabinet refinishing, contact Kenneth C. Lewis.
New England Home Shows