More Than Just ROI: The Other Benefits of Home Renovation

When some homeowners embark on a renovation, they have one thing in mind: increased home value. However, a remodeling project offers many other benefits. Your local kitchen remodeling company elaborates on what these benefits are in this post.

A Study on Homeowner Satisfaction

The National Association of REALTORS® Research Group conducted a study to find out the reasons why homeowners pursued remodeling projects and the benefits that they gained from them. Here’s a breakdown of the study’s findings:

Upon completing exterior and interior remodeling projects:

32% of homeowners surveyed said they experienced better home functionality and livability, with the report calling better livability the single most important result of remodeling.
21% of the respondents said they had longer-lasting appliances and materials.
16% said they had a more appealing facade.

Upon completing renovations:

58% felt happy
38% felt satisfied
74% of homeowners surveyed had a greater desire to stay in their homes
65% of homeowners enjoyed being in their homes more
77% of homeowners felt a great sense of accomplishment

The Joy Score

Researchers crunched the numbers to come up with a Joy Score, which indicates homeowners’ satisfaction levels. Different remodeling projects, like kitchen and bathroom renovations, produced different scores, but overall, the typical Joy score was 9.6 on a scale of 1-10.

The Importance of Working With a Trusted Contractor

Renovations require a lot of time and effort but this study’s findings show that in the end, they’re worth it. Of course, the stress of a remodeling project can affect the satisfaction you get from finishing a project. Fortunately, there are several ways to minimize remodeling-related stress, like careful planning and hiring a trusted remodeling contractor.

Let’s Start a Conversation!

DreamMaker Bath & Kitchen of Orland Park is one of the most trusted home remodeling contractors in the state, having won multiple awards and earned an A+ rating from the Better Business Bureau. To get started on your project, call us at (708) 320-3417 or reach out to us online. We serve homeowners in Orland Park, IL, as well as all surrounding communities.

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