Surveys taken nine years apart indicate that homeowners remain interested in adding value to their homes when remodeling, even after their homes' prices suffered during the Great Recession.
"The rating for importance of information on the 'impact on my home's value' actually went up marginally from before the recession to today," said Fred Miller, president of Consumer Specialists, a Germantown, Tenn.-based research firm and a former leader of the Home Improvement Research Institute. "It appears that once trained to think about the impact on their home's value, U.S. homeowners have made that a part of their long-term thinking."
Miller bases that and other conclusions (shown in the graphic above) on results of homeowner surveys conducted in December 2006 and December 2015. The results are compiled into a report that's for sale. Details