Hardware Retailing The Industry's Source for Insights and Information
More than half (52 percent) of homeowners plan to make a home improvement or addition this fall, according to the Zillow® Digs™ Fall Home Improvement Trend and Spending Survey, compared with 60 percent in the summer; homeowners plan to spend $1,000, which is $200 less than during the summer.
While the percentage of homeowners planning remodels for nearly every room fell from the summer survey, homeowners will continue to focus on home office or playroom remodels in the fall.
Six percent of homeowners said they would work on their home offices this fall, compared with 4 percent during the summer, while 3 percent of homeowners said they would work on playrooms this fall, compared with 2 percent during the summer.
“Fall is a perfect transition time from outdoor to indoor activities, which is resonating in home improvement plans and trends. Parents are sprucing up indoor play areas to keep the kids active and occupied, while looking for ways to update their own workspaces for the season ahead as workdays are shortened by kid pick-up and drop-off duty,” says Cynthia Nowak, Zillow Digs trend expert.
The survey also found homes with children are significantly more likely to be planning three or more home improvements (31 percent) vs. households without children (19 percent). Homes with children plan to spend a median of $1,500 on fall home improvement projects, while homeowners in general as well as homes without children plan to spend $1,000, $200 less than summer.
