Susan Ward:
Especially if you’re in the Prairies.
According to a study by RBC/Ipsos Reid, 75% of homeowners in Saskatchewan and Manitoba are preparing to renovate within the next two years, compared to 67% of Canadian home owners nation-wide.
And why are people keen to get some home renovation done? The primary reasons among those who intend to renovate in the next 2 years are:
* esthetics (61%),
* safety/maintenance (28%),
* enjoyment (25%),
* and increasing value (23%).
Bathrooms (35%) and kitchens (29%) remain the most popular of all renovation projects. These results are consistent with previous years.
Read more about the RBC Study on Renovation.
While the study points out that this is a decline in the number of Canadians planning home renovations over previous years, it’s still a whole lot of houses that need things done to them - spinning off a whole lot of business opportunities. Read more.
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