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Remodeling projects give homeowners an emotional boost

by | Sep 8, 2016 | Blog, Construction, Denver Real Estate Market, Home & Lifestyle, Remodeling / Do-It-Yourself Projects

56095771 - kitchen in luxury home with island, stainless steel refrigerator, hardwood floors, and pendant lights

It’s human nature: Although we see things around the house we’d love to change, most of us put these projects off. Then, when it comes time to sell the home, we frantically work to complete the upgrades, hoping to reap the rewards in a better sales price.

But why wait? According to a recent study by the National Association of Realtors, putting off such projects is also postponing the emotional benefits you can reap by completing them.

The NAR study showed that, of those who tackled a project, 64% reported increased enjoyment in their homes and 75% said they felt a major sense of accomplishment when thinking of their completed project. Additionally, 54% felt happy about the changes to their home.

Among the most popular projects: kitchen upgrades, complete kitchen renovations, bathroom renovations and new wood flooring.

Whatever the choice, “Remodeling projects can greatly improve both the value of and satisfaction with one’s home, which are great things no matter the reason for a project,” notes Judy Mozen, president of the National Association of the Remodeling Industry.

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