Every year, Angi helps millions of people complete their home improvement projects, providing the company with unique insights into how homeowners are improving, maintaining and repairing their homes.

Angi’s annual State of Home Spending report examines not only the projects completed by homeowners over the year, it also looks at how much they spent, the motivating forces behind their work and their home improvement plans for next year and beyond.

In 2023, survey data showed consistently strong spending across all three categories of home services spending: improvement, maintenance and emergency repairs.

On average, homeowners spent $13,667 across 11.1 projects in 2023, which was slightly above what they spent in 2022. Additionally, the overall trend of heightened spending on home improvement, which has been ongoing since 2020, remained consistent. Homeowners spent 51% more on home projects in 2023 compared to home services spending in 2019.

What Projects Do Homeowners Plan to Complete in 2024?

Looking forward, Angi expects homeowners to continue prioritizing their homes and investing in improvement and maintenance projects. Despite continued maintenance work, it’s inevitable that home emergencies, especially weather-related events, will continue in 2024.

Given the enduring shift in motivation to undertake home improvement work, the survey found that there will be a continued focus on projects that are not only functional but also enhance livability and adapt the home to better suit homeowners’ current needs.

Installing new landscaping was part home improvement plans for 18.4% of the homeowners surveyed. To read the full State of Home Spending Report published by Angi, visit angi.com/research/reports/spending.

Landscaping contractors who are interested in learning more about growing your business may call 844-875-8773 for a one-on-one consultation with Angi’s National Accounts team, which provide dedicated support to Ewing customers.

This article was submitted by Meaghan Klein of Angi. Learn more about Angi at https://www.angi.com.