Here's what homeowners are spending on home improvement - Boston.com

I have to admit, one of my secret dreams is to be a house flipper but watching some of the horror stories from the television shows proves that you have to understand what brings value to the home to make smart purchases. In Jon Gorey’s new post, he sheds light on the average costs for upgrading or renovating your home. He also touches on exactly what projects were tackled and what projects require a more experienced professional such as electrical and HVAC work.

Key Takeaways:

Many persons keep wondering how much home equity was needed for a total kitchen remodeling or the budget that would be adequate to fix a bathroom.
In order to professionals to do a total kitchen makeover it was estimated that in 2017 Americans spent approximately $57,172 and for minor makeovers they spent less.
On the other hand in order to do the kitchen makeover on a DIY project, one would not spend more than $4,000 dollars which gives enormous savings.

“New home improvement spending data compiled by Harvard’s Joint Center for Housing Studies can provide some real-world numbers to get you in the right neighborhood.”