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Survey: Granite Countertops, Wood Flooring Lead Kitchen Remodeling

Survey: Granite Countertops, Wood Flooring Lead Kitchen Remodeling

Research shows a lack of homes on the market coupled with soaring real estate prices is pushing homeowners to focus on remodeling their homes, specifically in the kitchen.

Around 10.2 million households, had kitchen remodeling or replacement work done in 2015 according to a report by the National Kitchen & Bath Association. About half of the amount spent on the remodeling projects in the kitchen went to new cabinets and appliances.

The survey included 532 homeowners that took part in a remodeling job, 259 builders, 126 remodelers, 161 general contractors, new flooring, countertops, cabinets, sinks, and faucets were the most common additions.

Read the full study here: Realtor.com