Reasons for over-budget renovations among U.S. homeowners 2015 and 2017

Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017

Reasons for over-budget renovations among U.S. homeowners 2015 and 2017 This statistic depicts the leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. The survey revealed that deciding to buy more expensive products or materials was the top reason for renovations going over budget in 2017 at 42 percent, down from 45 percent in 2015.
Show more

Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017

Loading statistic...
20152017
Decided to buy more expensive products or materials 45%42%
Products or services were more costly than expected 40%41%
Decided to change project scope or design 33%31%
Project was more complex than expected32%31%
Discovered unexpected construction-related issues28%24%
Poor project management by service providers 8%7%
Poor communication by/with service providers 6%5%
Discovered unexpected building code requirements 6%5%
Decided to change or hire new service providers4%4%
20152017
Decided to buy more expensive products or materials 45%42%
Products or services were more costly than expected 40%41%
Decided to change project scope or design 33%31%
Project was more complex than expected32%31%
Discovered unexpected construction-related issues28%24%
Poor project management by service providers 8%7%
Poor communication by/with service providers 6%5%
Discovered unexpected building code requirements 6%5%
Decided to change or hire new service providers4%4%
Download Settings Share
Download started
Please be patient - this may take a moment
This statistic depicts the leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. The survey revealed that deciding to buy more expensive products or materials was the top reason for renovations going over budget in 2017 at 42 percent, down from 45 percent in 2015.
Show more
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Home improvement retail industry in the U.S."
  • Home Improvement Market Overview
  • Key Figures of Home Improvement Retail
  • Leading Home Improvement & Hardware Retailers
  • Consumer Behavior
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

Menu