Home Remodeling on the Rise in 2008
By Jaret & Cohn Real Estate - Rockland
 (Jan 4): The popular home-repair referral service, Angie’s List, says its annual poll indicates that home owners will spend an average of $11,250 on home improvement and maintenance projects in 2008, up 13 percent over the average they reported spending in 2007.
On average, home owners responding to the survey say they plan to spend 2.9 percent of their home’s value on repairs and renovations this year.
“Building experts tell us they’re getting calls for work from home owners who would otherwise move and put their current home on the market, but are afraid they can’t sell it quickly enough to afford the newer, bigger house,” says Angie’s List founder Angie Hicks.
The most frequently planned projects are kitchen and bath updates—areas that real estate experts say provide the best return when selling a home. Other popular projects include landscaping and yard work, painting inside and out, flooring, doors and windows, and decks and porches
Among the most popular upgrade is new kitchen countertops. Granite countertops lead in popularity followed by quartz countertops. A good place to learn about all types of countertop options is Countertops of the Future, a web site dedicated to all types of countertops and countertop materials.
If you are considering a remodel of your kitchen, check out this home remodeling video from Tim Carter at Ask The Builder.
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