Homeowners Improving Homes During Pandemic

Renovation service requests through HomeStars showed a 17 per cent increase between March and October compared to the same period last year. Its annual ‘Reno Report’ shows 50 per cent of those surveyed were doing outdoor projects like fences, decks, and pools. Of these, 25 per cent of homeowners said the reason for these renovations was to create more usable and enjoyable outdoor space as they are spending more time at home. There was an unprecedented increase in pool installations and repairs throughout the summer months. In July 2020, there was a 600 per cent increase in service requests for new in-ground pool installations compared to July 2019. Inside the house, 16 per cent of homeowners were undergoing a bathroom renovation and 10 per cent were tackling the basement. About 20 per cent of those surveyed were doing larger projects, valued at more than $20,000. One trend that was noted so far this year was homeowners are using their vacation money towards home improvements, with 21 per cent reallocating funds to this.