We may not all be able to call ourselves the President of the United States, but that doesn’t mean we shouldn’t have our very own oval office to retreat to. And, according to new statistics acquired by the NAHB’s Remodeling Market Index survey (RMI) and analyzed in their Eye on Housing blog, it seems as though people all over the country are personalizing their oval offices (AKA bathrooms) to give themselves a spa-like retreat right in their very own homes.
Bathrooms were the most common remodeling jobs in 2015, followed closely by kitchens. While bathrooms and kitchens have consistently been the remodeling jobs remodelers have reported doing most, the number of remodelers reporting them in 2015 as the most common jobs was the highest it has been since the RMI began in 2001.
81 percent of remodelers reported doing bathroom remodeling in 2015 and 79 percent reported doing kitchen remodeling. Rounding out the top five most common jobs performed were whole house remodels (49 percent), room additions (47 percent), and window and door replacements (36 percent). The room additions number is especially interesting considering it grew 7 percent from the previous year and is at its largest share since 2005 when it reached 57 percent. Whole house remodels also saw a year-over-year increase from 43 percent to 49 percent, which was a large increase over the low point of 35 percent seen in 2012.
For the full results of the survey, click the link below.
