61% of Americans spent $ 5,000 or less on home renovations in 2021

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VILNIUS from Lithuania, November 19, 2021 / PRNewswire / – 5D diary, an online home design platform used by more than 70 million people, found that over 61% of Americans plan to spend less $ 5,000 on home improvement projects this year.

The company conducted a quantitative survey in several countries to uncover the different trends in the design of domestic spaces and lifestyles that emerged after the closures induced by the pandemic. The data was then processed and segmented into 4 main regions.

  • The 5 most widely used technologies in the home include smart lighting devices, home voice assistants, alarms and detectors, air purifiers, cameras and wireless locks.
  • Over 61% of Americans plan to spend less $ 5,000 on home improvement projects this year.
  • Respondents from United States experienced greater satisfaction and less stress working from home. Productivity and concentration have remained the same or improved – compared to other regions, the United States has the highest proportion of people who have seen their focus on their work increase while working from home.
  • In the United States, more than 30% of those surveyed rent their current residence rather than owning it. At the same time, around 46% of them live in suburban areas and live in housing in fair to good conditions. According to general statistics, around 36% of households rent their accommodation, which is close to the results of the survey.
  • In the United States, the highest priority for home improvement is visual appearance, while the lowest is sound insulation. The main drivers of home improvement are home office needs, a healthy lifestyle, rational savings, energy efficiency of the home and children.
  • The top 3 priorities for home improvement projects are: 30% of people highlighted focus on renovating their kitchens, 28% living rooms and 27% bathrooms.
  • Although online sources such as social media and home design blogs / websites are the main sources of inspiration in all regions, offline home design retail stores have a remarkably higher rate. high in the United States compared to others.
  • Bohemian, Scandinavian and industrial styles are lagging behind in popularity. Modern and minimalist design styles dominate in almost every region, but the United States respondents also tend to use infrequent styles like bohemian and rustic.
  • In the United States the office has the same priority level as the other main rooms, while the children’s room is lower. Respondents from this region tend to locate their office area in the bedroom.

As people were forced to work and study from home, many had to rethink their ideas about their ideal home. Their houses and apartments turned into multifunctional spaces combining traditional living with work, study and fitness and most household members had to occupy the house simultaneously.

“The aim of our survey was to verify existing trends and explore new trends in the design and use of domestic spaces in the context of the past two years, which have significantly affected our daily lives,” said Andrey Ustyugov, CEO of Planner 5D. “The structure of domestic spaces follows the changing nature of all social activities. People follow different behavioral strategies to rearrange their domestic spaces in order to find a new work-life-learning balance.”

About the 5D Planner
Planner 5D is an easy-to-use home design platform, which allows anyone to create floor plans and interior designs in minutes without any specialist skills using powerful AI, virtual reality and augmented reality. Planner 5D helps more than 70 million users who have created more than 300 million designs to renovate their home, change their interior design, choose new furniture and decor. Planner 5D is available on all platforms including Web, iOS, macOS, Android, and Windows 10. For more information, please visit https://planner5d.com

SOURCE 5D Planner

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https://planner5d.com/

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