New Study Reveals Ranking of the States Spending the Most Money on Home Renovations
Special Editorial Submission
• Americans from New Jersey spend the most on home improvements , approximately $ 4,634 per year
• Homeowners and renters from Maryland and Massachusetts come in second and third place , respectively
• Kitchen and bathroom renovations are the most popular home improvement projects in the US , with 1.8 million Instagram posts featuring the hashtag # kitchenrenovation and 1.4 million # bathroomrenovation hashtags posted
In a digital age where inspiration is just a scroll away , Instagram has become a treasure trove of home renovation ideas .
Real estate experts at AgentAdvice . com have analyzed data detailing expenditures per household on home improvements from the Census Business Builder . In addition to collecting average home improvement spending data in each state , Instagram hashtag data was collected for various rooms in the home to establish the most popular types of home renovations .
Below are the top ten most popular home renovations , according to Instagram :
1 . Kitchen renovation 1,800,000 posts 2 . Bathroom renovation 1,400,000 posts 3 . Basement renovation 84,400 posts 4 . Bedroom renovation 63,300 posts
5 . Livingroom renovation 30,500 posts 6 . Garage renovation 17,200 posts 7 . Dining room renovation 5,000 posts 8 . Home office renovation 1,000 posts
Now that we have established which rooms will most likely receive a makeover , let ’ s see which US states will spend the most on renovations !
1 . New Jersey – $ 4,634.24
New Jersey comes in first place with an average spend of $ 4,634.24 on home improvements per household annually . This amount will most likely be spent on kitchen , bathroom or basement renovations . The average kitchen renovation in New Jersey , Middle Atlantic , could range from $ 27,966 for a minor remodel to $ 164,263 for a major upscale kitchen remodel . Bathroom renovations could cost anywhere between $ 25,468 to $ 78,935 .
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