2017 is ‘boom year’ for remodeling, Houzz survey says

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While a lot of us are preparing for weekends full of bone-crunching tackles, it appears the remodeling industry is still laying the smack down on 2017.

According to a recent Houzz survey, 2017 is on track to be a “boom year” for the remodeling industry.

The annual Houzz & Home survey says homeowners plan to spend an average of $27,300 on home renovations in 2017.

That number is 3.4 percent higher than the 2016 figure of $26,400. (The article rounds up to four percent, which is not accurate.)

The report says both recent buyers and repeat buyers are driving the spending, with repeat buyers spending twice as much as their counterparts.

One expert quoted in the article says a lack of affordable homes is leading many first-time buyers to purchase homes that require more than cosmetic upgrades.

If you are following the trend and getting ready to embark on a remodel, we’ve tracked down some tips for hiring the best contractors.

All seven tips are from the Better Business Bureau and run the gamut from the obvious (get a contract, don’t pay everything up front) to the less thought of (ask about insurance, licenses, bonding).

Have a good week!

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