Renovations continue to revitalize the economy, with two-thirds of homeowners expressing their intent to renovate parts of or their entire home. The kitchen and bathroom are the most popular parts of the house up for renovation, according to a recent survey. Whereas a quarter of women want to overhaul the kitchen, a little less than a quarter of men want to remodel the bathroom.
Market experts expect the trend to continue until at least 2017, with renovation budgets growing tighter. Less than a third want to spend $5,000 or less for the project.