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INDIANAPOLIS (PRWEB) December 08, 2014
A new Angies List survey of more than 1,000 service providers shows home improvement contractors are optimistic about business in the coming year.
We asked contractors what their conversations with customers were showing, and 62 percent of them say their customers arent just wanting to make improvements next year, theyre willing to spend more on them than customers spent in 2014, said Angies List Founder Angie Hicks.
More than half of the contractors said customers were planning to add $5,000 to what the average project cost last year, she added.
The online survey, conducted in November among highly rated companies specializing in home improvement, asked about remodeling trends for 2015, as well as whether homeowners budget expectations had changed.
The breakdown of how much customers are planning to spend on remodeling projects next year compared to what customers spent this year:
When it comes to the projects themselves, most are being planned involve kitchens, bathrooms, bedrooms and lighting. Customers are asking for bigger closets and pantries. When it comes to bathrooms, fiberglass around the tub and shower is out and tile is in.
Wed been hearing occasionally that homeowners are getting tired of cleaning the fingerprints and smears off stainless steel appliances, Hicks said. The survey, however, showed 70 percent of contractors think the shiny stuff is still in and several of them mentioned fingerprints are worse in lower quality products.
Contractors told Angies List the average bathroom remodel now means customized luxury, and homeowners are willing to pay more for it.
One contractor said his usual bathroom remodel project was in the $15,000 range for years. His average bathroom project is now starting at $20,000. Another contractor said its not unusual for homeowners to spend $50,000 on high-end facilities.
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Angies List Survey Shows Remodelers Gearing Up for More Work in 2015
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