Posted by: jeb1 | April 29, 2011

NKBA Surveys Homeowners to Find Out Their K and B Remodeling Plans

Making Plans: NKBA Surveys Homeowners to Find out Their K and B Remodeling Plans

The National Kitchen & Bath Association (NKBA) and market researcher NPD Group surveyed more than 5,500 homeowners about their kitchen and bath remodeling plans.

To qualify for participation in the study, respondents must have either completed a kitchen and/or bath remodeling project in the past 12 months and/or planned to complete a kitchen and/or bathroom remodeling project in the next 12 months. The organizations have conducted a study of 4,000 to 10,000 consumers across the U.S. each year since 2006.

In the next 12 months:

  • 34% in the 55+ age bracket plan to remodel a kitchen; 33% plan to do a bath remodel
  • 50% of respondents aged 35-54 plan to remodel a kitchen; 49% plan to remodel a bathroom
  • 16% in the 18-34 age group plan to remodel their kitchen; 18% plan to remodel a bath
  • 60% of respondents with no children in the household plan to remodel a kitchen; 59% to remodel a bath
  • 30% of respondents with children under age 13 in the household plan to remodel a kitchen; 31% plan to remodel a bath.

Respondents’ plans for bath remodeling spending:

  • 46% plan to spend less than $2,500
  • 19% plan to spend $2,500 to $4,999
  • 16% plan to spend $5,000 to $9,999
  • 12% plan to spend $10,000+
  • 7% don’t know

 

—Nina Patel, senior editor, REMODELING.

This is a longer version of an article that appeared in the April 2011 issue of REMODELING.

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