BUDGET, WHAT BUDGET? — AND OTHER RENO FIGURES

The 2016 Houzz& Home Canada survey is out, and with 23,800 respondents, it’s a fair indication of how and why we remodel. Fifty-six per cent of millennial homeowners on Houzz.com (aged 25 to 34) renovated in 2015, versus 61 per cent of those 35 to 54 and 62 per cent of those 55 and up. But, millennials decorated more (76 per cent versus 67 and 60 per cent respectively). Their motivation was customizing a recently bought home (52 versus 24 and 19 per cent). Forty-nine per cent of Canadian homeowners renovated to avoid moving out of their home; 33 per cent to stay in their neighbourhood. As ever, kitchens (29 per cent), master/non-master bathrooms (19 and 25) and living/family rooms (23) got the attention. Over 31 per cent had no budget in mind, and 29 per cent went over theirs.