Home owners have taken to home improvement projects according to a recent survey.

The pandemic reworked the way we live, function and spend money. If you have procured inside paint for your household, new flooring or worked with a remodeler not too long ago, you are not on your own. Household proprietors have shifted their shelling out from enjoyment and travel to property advancement assignments, according to HomeAdvisor’s most recent “State of Dwelling Spending” survey.

HomeAdvisor conducts a study each yr of property owners across the U.S. who have concluded initiatives inside of the very last 12 months. The study discovered that home owners spent an average of $13,138 on property-enhancement projects in 2020, in contrast to $9,081 in 2019. Growing charges for content and labor are contributing variables to the maximize in investing. Amplified property getting is also a aspect, generally driven by millennials, the oldest of whom are now at or near to the median age of to start with-time dwelling potential buyers, in accordance to the Nationwide Affiliation of Home Builders.