April 22, 2024
Homeowners additionally invested in making their homes more practical and safe. Roughly a quarter of the survey individuals upgraded their plumbing and/or electrical systems in 2020, initiatives that often value about $1,000 each, in accordance with the research. One in 5 householders installed home security systems over the past 12 months, a share that’s double what it was five years ago. And with a median spend of $400, it is one of many least expensive updates on the list.
Homeowners anticipate they’ll spend $7,746 on home restore and improvement projects over the following two years, on common, with practically 1 …