Remodeling Survey Cites “Joy” as Part of Project Payback

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Posted To: MND NewsWire

Homeowners often hope that a remodeling project will pay them back in monetary terms – perhaps energy savings or increased home value – but a new report from the National Association of Realtors® (NAR) adds joy to the payback possibilities list. NAR’s 2019 Remodeling Impact Report looks at 20 different home improvement projects and surveys consumers who have undertaken the project, Realtors, and members of the National Association of the Remodeling Industry. The report ranks the appeal of a given project in terms of resale and its overall functionality and examines the reasons for remodeling, the success of the project, and the owner’s satisfaction on completion of the job. Seventy-four percent of owner-respondents reported that they had a greater desire to be in their home after completing…(read more)

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