Data compiled by our group at The Farnsworth Group, in addition to information printed to members by the Home Improvement Research Institute takes a similarly optimistic stance with reasonable growth projection in 2024. 70% of Boomers are driven to conduct in-store product analysis so as to touch, see, and feel the products, in comparability with solely about 1 in 2 of each Millennial and Gen X prospects. Boomers are buying a larger share of constructing merchandise from Lowe’s and The Home Depot (58%) when in comparability with Millennials (39%) and Gen X (52%).
- Many of those tasks can be undertaken by an enterprising DIYer, however some tasks, such as enlarging window openings, might call for a contractor’s experience.
- Capital improvements are typically more intensive — and expensive — than repairs.
- With service plans starting at under $30 per month and high coverage maximums up to $6,000, nonetheless with aggressive pricing, American Home Shield offers some of the greatest worth pricing in our review.
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