Home Improvement Trends for 2009
- According to a national study conducted by Kelton Research, approximately 44% of homeowners surveyed reported that window replacement is their top priority in terms of home improvement.
- 51% of American homeowners say their windows are not energy-efficient or “green†enough.
- 51% of homeowners also said that windows offer the most promise and potential when it comes to energy efficiency and cost savings. 48% believe lights to be the most important energy efficient home item, while 43% believed it to be the heating systems.
- 65% of Americans say high energy-efficiency is the most important feature to look for when shopping for new windows.
- Due to the economic slump of 2008, it’s projected that homeowners will invest in smaller, less expensive home improvement projects (i.e. giving the bathroom a new modern look by installing a sleek blanco sink themselves instead of an entire costly bathroom remodel). Smaller, less expensive home improvement projects will provide a better return for homeowners than costly, elective ones.
- 69% of consumers claim they will pay for big purchases (including home improvement products) with cash instead of taking on additional debt.Â
- Most Americans have yet to master data management skills for their jobs.
December 30th, 2008 in
Home Improvement
I wonder if one would compare the cost of insulating the windows against the savings on the energy bill, when would the breaking point be?
This is great infomation on the trends for home improvement. Thanks for putting it together!
I think that these are all valuable ways to improve the efficiency of your home. Having a energy efficient heating system, however, can sometimes be offset if your windows aren’t efficient. I think it’s best to start at the root of the problem in your home and then make improvements from there. You don’t want to end fixing something that wasn’t broken in the first place, and then you have to replace your windows anyways. Interesting statistics
Not surprised by the numbers here. When we were getting our windows replaced earlier this year, just about all of the neighbors we ran into asked about the project and commented that they weren’t happy with theirs either. We would have liked to save money and take care of smaller projects, but we didn’t want to go another Winter with the old windows.
I would strongly reccomment that people insulate their homes properly. It is proven that well insultated homes can significantly reduce energy costs.
A very relaxing sunroom for your home would be a great addition.
I never realized that window replacement is the number one home improvement choice. I guess when you live in a cold place it makes a huge difference in energy savings so it makes total sense.
Cheers,
Jan