New purchasers were 25% more likely to make some sort of change to their new home. 20% – or 1 in 5 purchasers – took on a project after buying their home. And where did they spend their money? Number one was a kitchen, then landscaping, then an addition, and next remodeling a bathroom.
I’m actually a little surprised by some of this. Not the kitchen part – that’s a given. First thing clients always mention when buying a fixer home is the kitchen. Kitchen. Kitchen. Kitchen. I am a little surprised that an addition ranked higher than a bathroom. Here, I think more interior remodeling is done and less expansions. Don’t get me wrong, expansions happen all the time. I just didn’t realize it was more statistically. And landscaping? That seems to me that if people do nothing else, they paint and they plant new plants. So yeah, even those not jumping into a giant remodel can get their hands dirty with the flowers.
What do you think? Did you tackle a big job when you bought your most recent home? Or do you plan on looking for a fixer to remodel when you do buy?
If you’d like more information on the San Fernando Valley or Los Angeles, or to have help looking for your next home, please feel free to reach out! I’m happy to help, no obligation.