Modernize Home Services Surveyed Thousands Of Homeowners On Upcoming Projects This Fall

About this update from Quinstreet, Inc.

[{"type":"text","content":"Free webinar will provide detailed analysis of latest trends\n\n\nFOSTER CITY, Calif., Oct. 21, 2021 /PRNewswire/ -- Modernize Home Services today releases a preview of its quarterly homeowner insights analysis, resulting from a recent survey where more than 6,500 homeowners shared their plans for upcoming home improvement projects. The Fall 2021 Homeowner Survey Results show that nearly two out of five are pursuing projects to save money in the short- and long-term. The extensive survey covers homeowner behaviors, future project planning, budgets and financing, preferences, and more.\n\n \n \n \n \n \n \n\n \nModernize, a leader in the home improvement and home services industry, surveys thousands of homeowners every quarter to provide insight into what drives them to start home improvement projects. These results offer contractors an exclusive and competitive look into the latest homeowner trends and behaviors, which can be leveraged to help them understand their customers and grow their businesses.\nKey Homeowner Insights:\n39% of homeowners plan to pursue additional home improvement projects over the next year. While the majority of homeowners are repairing damage, 37% are pursuing projects to save money on monthly electricity and utility bills, and 19% are looking to increase the value of their home. 72% plan to budget $5,000 or less on their upcoming projects. If financing were available, 34% of surveyed homeowners would finance their entire home improvement project.Trade-Specific Highlights:\nRoofing: More than 50% of homeowners plan to install gutters or gutter guards during their roofing project. If financing were available, 36% of homeowners would seek to finance the entire roofing project.Solar: 58% of homeowners pursuing projects are not aware of the current 2021 federal residential solar energy credit. 22% of homeowners plan to spend more than $10,000 on their solar project. Approximately 83% are installing solar to save money on utility and electric bills.Windows: 67% of homeowners wish to finance some or all of their upcoming project. 84% plan to spend $5,000 or less.HVAC: More than half of homeowners pursuing HVAC projects are turning to Modernize to compare HVAC contractor quotes to find the best price. 65% of homeowners are budgeting between $2,501 and $10,000 for their HVAC project.The Modernize team is hostin...

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