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Another survey says!

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Another survey says!

In July, Houzz released its annual home renovation report. Here are some of the key findings:

  • Clients consulted with an average of 2.5 contractors or builders before signing a contract.
  • More than half (56 percent) of all Canadian homes surveyed reported undergoing renovations in 2017, spending a median price of $16,000.
  • Kitchens remain the most popular room to renovate (28 percent), followed by bathrooms at 24 percent.
  • The average spend on kitchens was $3,750 for small spaces and $12,000 for any that were 90-sq.ft. or larger.
  • The vast majority (80 percent) of owners are seeking cash deals. First-time homeowners are the group most likely to seek payment by credit card.

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