Six in ten households are planning home improvement projects for this summer, according to a recent Zillow survey, including a majority of 55-and-older homeowners.
More than half (51%) of 55-and-older homeowners surveyed in Zillow Digs Summer Home Improvement Trend and Spending Survey say they intend to invest in home improvements in the coming months.
These older homeowners plan to spend, on average, $1,000 on home improvement projects this summer. While they’re taking on fewer projects than their younger counterparts who say they are likely to embark on as many as three projects this summer, the 55+ cohort is nonetheless looking to improve their residences during the season.
For all homeowners surveyed by Zillow, the most popular home improvement projects will take place in outdoor spaces (40%) or in the bathroom (17%).
“As we head into the long days of summer, we are seeing increased interest in outdoor spaces with very natural elements such as stone fireplaces, as well as bringing more light into bathrooms with clear glass on the walls and shower enclosures,” said Cynthia Nowak, Zillow Digs trend expert, in a statement.
A National Association of Home Builders survey of what 55+ homebuyers seek in new homes found a common desire for adequate space, ease of maintenance, and outdoor community amenities.
Written by Jason Oliva