Renovating a lead activity for homeowners on Houzz: In most surveyed countries,* an average of half of homeowners on Houzz are opting for a renovation of their homes as part of home-related activities in 2015, yet Japan is showing a low frequency of renovation compared to other countries (15% vs. 30%-61%).
Wanting to stay put: Across the globe, wanting to stay in a current home is one of the top reasons for choosing to renovate and not buy a new home. However, only one in ten Danish renovating homeowners are interested in staying put
(11%) compared to most other countries ranging between 23% and 49%.
Paying with savings: Many homeowners in countries across the globe opt to pay for their home renovations with their savings/personal finances. Approximately three in four or more (71%-91%) renovating homeowners have chosen this payment option to fund their renovation.
Awards go to: Ireland – for the most frequent pro hiring during home renovations (94% vs. 76%-92% for all other countries)
Denmark – for the most frequent renovations with no initial budget set (53% vs. 24%-40% for all other countries)
Russia – for the most frequent renovations that have gone over budget (48% vs. 20%-39% for all other countries)
*Houzz Research studies trends in the U.S.A., Canada, Australia, New Zealand, Japan, Denmark, France, Germany, Ireland, Italy, Russia, Spain, Sweden, and the United Kingdom.
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Wanting to stay put: Across the globe, wanting to stay in a current home is one of the top reasons for choosing to renovate and not buy a new home. However, only one in ten Danish renovating homeowners are interested in staying put (11%) compared to most other countries ranging between 23% and 49%.
Paying with savings: Many homeowners in countries across the globe opt to pay for their home renovations with their savings/personal finances. Approximately three in four or more (71%-91%) renovating homeowners have chosen this payment option to fund their renovation.
Awards go to:
Ireland – for the most frequent pro hiring during home renovations (94% vs. 76%-92% for all other countries)
Denmark – for the most frequent renovations with no initial budget set (53% vs. 24%-40% for all other countries)
Russia – for the most frequent renovations that have gone over budget (48% vs. 20%-39% for all other countries)
*Houzz Research studies trends in the U.S.A., Canada, Australia, New Zealand, Japan, Denmark, France, Germany, Ireland, Italy, Russia, Spain, Sweden, and the United Kingdom.
Download the Full Report