1、 Houzz Inc.12023Houzz&HomeUK Houzz Inc.Overview of Home Renovation in 2022 and 2023 Houzz Inc.2KITCHEN AND BATHROOMS REMAIN A PRIORITYInterior spaces are the most popular areas to renovate(78%),followed by improvements to outdoor areas and adding extensions(51%and 20%,respectively).Kitchen and bathr

2、oom projects remain a priority during renovations(37%and 33%,respectively)and command the highest median spend at 13,000 and 5,250,respectively.UNDERTAKING ENERGY-EFFICIENT UPGRADESThe share of homeowners citing improving energy efficiency as highly important when completing home improvements has ri

3、sen sharply since 2020(46%,compared with 35%in 2020).Upgrades to windows,insulation and ventilation systems have also increased steadily since 2020(30%,22%and 11%,compared with 26%,17%and 9%,respectively).Although purchases of solar power systems are relatively low(6%)there has been a rise in intere

4、st,increasing 4 percentage points since 2020(2%).PROFESSIONAL DEMAND CONTINUESHomeowner demand for professionals continues to grow(93%,compared with 88%in 2020).Among professionals hired,electricians,plumbers,carpet and flooring pros,and carpenters were the most common(60%,48%,42%and 37%,respectivel

5、y).Design-related professionals,including kitchen designers,bathroom designers and interior designers,all saw an increase in demand during 2022(25%,18%and 7%,respectively,compared with 19%,13%and 6%,respectively for 2021).AGING HOMES CALL FOR SYSTEMS UPGRADESWith almost half of the surveyed homeowne

6、rs living in homes built in 1940 or earlier(47%),homeowners are focusing on home system improvements.More than a third of homeowners upgraded heating systems in 2022,closely followed by electrical and plumbing(38%,37%and 36%,respectively).Big Ideas Houzz Inc.357%49%37%13%13%8%57%53%40%16%14%9%56%49%