The 2022 Remodeling Impact Report by the National Association of REALTORS explores the reasons why homeowners remodel their homes, the outcome of taking on projects, and the increased happiness found in the home once a project is completed. The report reveals that the scale of projects has increased for many NARI members due to the COVID-19 pandemic. The typical cost of remodeling and replacement projects, as estimated by members of the National Association of the Remodeling Industry, is also discussed. The report also includes information on how much appeal each project is likely to have for buyers, according to REALTORS, and how much REALTORS estimate that home values increase as a result of remodeling.
