I have equity in my house, can I release it for home improvement projects? The Motley Fool UK
While the overall home improvement industry is booming, you may still be wondering which sector is best to join as a business owner. GMI anticipates kitchen improvements to see the highest gains with more than a 5% increase through 2027. The new trend, according to GMI, is attractive colors and designs among cabinet structures coupled with maximum storage capacity and fire-proof cooking countertops. After asking about all of the projects homeowners are planning, we asked them which was their highest priority. Painting (13.4%) and flooring (13.3%) were again the top two choices. Additionally, bathroom remodel (11%) held its spot at number three.
- According to Realtor.com, homes with hardwood floors sold for 2.5% more than homes with other types of flooring, providing an ROI of 70% to 80%.
- The home improvement industry has