Americans spent $420 billion dollars in 2020 on home remodeling. That is a big number and it’s certainly a big business with no signs of slowing down in 2022. In fact, a recent survey found that 83% of homeowners said they would have remodeled regardless of the pandemic and 86% reported that remodeling one area made them want to remodel other areas of their home.
With seemingly-endless construction happening, it begs the question if all these remodels are worth it. Are homeowners satisfied with the improved aesthetics and liveability of their homes once the dust settles?
The 2022 Remodeling Impact Report calculated a “Joy Score” to answer that very question and here are the top projects where homeowners reported the highest levels of happiness:
With almost near perfect tens across the board, it seems like you can’t go wrong with these home improvements. Of course, it is also important to think beyond personal enjoyment and understand the value that these remodeling projects can have on your home.
You want to recoup at least some of the money you put in so here are the top home projects that produce the best cost recovery:
Want to see the entire list? Check out the full 2022 Remodeling Impact Report here and remember to keep us in mind as you think about your 2022 home projects. Our team is always happy to consult on choices or provide feedback on how improvements could affect re-sale now or down the line.
