Thursday, July 19, 2012

Home Improvement Update - Zillow Real Estate Advice

A growing number of homeowners are focusing on using their home space more efficiently and personalizing it to suit their lifestyle, according to a survey by Better Home & Gardens.? More than one-third of homeowners (38%) surveyed say they are spending more time planning design changes for their home, up from 33% a year ago, while 42% say they shop around for more deals and bargains before committing to a project, up from 40% who did so in 2011.

The survey finds that social media site such as Pinterest play a key role in the planning process for many homeowners who look to such sites for design inspirations, product reviews, creative ideas and solutions for using space.? Consumers say they prefer a home with median square footage of 1791 square feet, down from 1,846 sq.ft. a year ago.? Bonus rooms and media rooms are no longer as popular unless they have a multifunctional purpose.

More than half of homeowners (55%) as focusing their next home improvement project on style upgrades for countertops, flooring, faucets and fixtures, up from 50% in 2010.? Projects to expand storage space and remodel the bathroom and kitchen also rank high.

Source: http://www.zillow.com/advice-thread/Home-Improvement-Update/451584/

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