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Homeowners Drawn to DIY Projects for their Homes

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Study: Homeowners really like DIY projects

CHICAGO – Jan. 7, 2019 – Many homeowners, notably younger ones, are attracted to do-it-yourself home projects, according to the National Association of Realtors®' (NAR) 2019 Remodeling Impact Report: DIY.

In fact, homeowners may even be happier when they DIY (do it yourself) than when they hire a professional to handle a project. They reported a "joy score" of 9.9 for projects they do themselves (joy scores range from 1 to 10, with higher scores indicating greater joy). Projects completed by professionals rate slightly below, with a 9.6 joy score. In part, owners who complete projects themselves report a greater sense of accomplishment.

The top reason homeowners who participated in the survey cited for undertaking a DIY project is increasing the functionality and livability of the home. That's followed by increasing the home's aesthetics or adding durable, long-lasting materials and appliances, the survey found.

"One of the pleasures of homeownership is the ability to take on projects to customize a house that truly make it your own," says John Smaby, NAR's president.

Nearly three-fourths of Generation Y and millennials, as well as more than half of Generation X and baby boomers, choose DIY home projects.

However, consumers are more likely to take on a DIY project for a pet than themselves, according to the survey. The most popular pet-driven renovations were fencing, laminate floor installation and the addition of dog doors.

Source: "2019 Remodeling Impact Report: DIY," National Association of REALTORS(R) (Jan. 3, 2019)

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Information provided by Florida Realtors.  Click here to see the original article.

Reprinted with permission Florida Realtors. All rights reserved. 

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