10 Interesting Facts About Renovating

10 Interesting facts About nenouatıne 75% 77% 41% of renovations were Only 77% of those who 31% 27% making 'improvements or of homeowners hired a hired a contractor used a alterations' and 42% were contractor solely. Over written agreement! This for repairs or was down from 80% in 25% used both a maintenance. contractor, and did part of 2006. the work themselves. The main reason why of renovator households people renovated was to of the renovation projects remodeled a room. This "update, add value or to are Palnting/wallpapering was the most popular type prepare to sell their and installing hard floor of renovation. home." surfaces (26%) were the next most popular forms of renovations. 01 02 03 04 05 06 01 08 09 10 46% 20% 40% A profile of renovation Those people that used a line of credit actually spent intenders across the five more money on average major centers shows that the majority of intenders are between the ages of 25 than those who used their savings to fund the Close to half of renovating of homeowners across the Savings were the main form of payment by projects. to 44, while those who are households reported that five major centers plan on 65 and over have the lowest the cost of their renovation homeowner households for renovating this year. intentions to renovate. project was as budgeted. On the other hand, more than a third (38 per cent) of their renovations. Across the 10 centers surveyed, three quarters of households went over households who undertook budget. renovations in 2007 paid for the work from savings, a similar share to 2006, while 20 % used credit cards or a line of credit. Created by: Baker Remodeling Address: 524 Riverside Ave Fort Wayne, IN 46805 Phone: (260) 437-2581 Website: http://bakerremodelingin.com/ resource: http://goo.gl/mPhE3x