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Homeowners anticipate they’ll spend $7,746 on home repair and improvement projects over the subsequent two years, on common, with practically 1 / 4 (24%) expecting to spend $10,000 or more, in accordance with the NerdWallet survey. That’s up from a $6,251 common anticipated spend when we asked in 2020. From the 2019 census survey to the 2021 survey, complete tasks grew 17% and spending grew 20%. Homeowners spent $624 billion on home repair and improvement initiatives through the two-year interval coated by the 2021 American Housing Survey.
However, there are several other components in a solar-energy system that add as…
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