If you are looking for a sense of how much it will cost to renovate your home, and how long it might take, we’ve got some numbers for you. The Houzz & Home annual survey gathered information from more than 120,000 registered users of Houzz, including more than 70,000 who renovated in 2015. Their responses provided insight into how your own renovation project might play out.
Key Takeaways:
- The 2016 Houzz & Home annual survey gathered information from more than 120,000 registered users of Houzz, including more than 70,000 who renovated in 2015.
- Owners who started with no initial budget actually spent less, by about $8,000, than those who had a budget and stuck with it.
- As for those homeowners who exceeded their budget, well, they spent twice as much as those who had no budget at all.
“A whopping one-third of renovators surveyed began their projects without setting a budget at all.”
http://www.houzz.com/ideabooks/68606795/list/how-much-does-a-remodel-cost-and-how-long-does-it-take/
