Remodeling Statistics


Before you think about remodeling your home, take a look at these stats:

– Over $34,000,000,000 was spent in 2013 on renovations and repairs.

– 80% of renovations are paid for by cash/savings, 22% use credit cards, and 15% use a bank loan.

– After the renovation was complete, 38% of people go over budget.

– The top four upgrades with the best payoff are the front door, stone veneers, garage doors, and wood decks.

– Kitchen remodels generally take 8.3 months to complete, but bedroom remodels generally take 6.7 months.

– The average cost of a kitchen remodel in New York City is $24,881, but in Houston it is $17,951.

If you incurred too much debt because of a remodel and need some guidance, contact our law office at 816-524-4949 or visit our website at

This entry was posted in General and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply