How much will the average spring renovation cost?

How much will the average spring renovation cost?

According to new research from American Express, upgrades and refurbishments to homes spurred on with the long Easter weekend just around the corner, will cost on average £3,404.

Britain’s homeowners are hatching plans to spruce up their homes and will splash out, according to the report, an average of £678 on renovations, £433 on home repairs and £314 on soft furnishings in 2016.

Britain’s Shopping List for 2016 Home Improvements

Homeowners are being driven to DIY distraction this year as they feel their homes could do with freshening up (33%). A further 15% claim it’s their house-proud nature that is motivating them to make a change.

In order to save money on home makeovers, just over a third (35%) are set to do the work themselves and only one in nine (12%) would consider asking a friend or family member to lend a hand. Shrewd shoppers also plan to turn to retailer sales (27%) and discount websites (21%) in a bid to balance their budgets.

Catherine Prentke, Director at American Express, said: “Homeowners are looking to invest in revamping and revitalising their homes in 2016. However the cost of home improvements can soon add up. That’s why we’re encouraging people to consider putting their spend on a card which allows them to earn cashback or rewards on their shopping.”

Regional breakdown

1) Residents of Edinburgh will spend more than £1,598 on major home renovations, more than twice the national average

2) Homeowners in Leeds will spend £653 on average on home repairs such as new windows and doors

3) Soft furnishings are a firm favourite amongst Londoners, who plan to spend £467 on carpets, curtains and cushions this year

4) Mancunians intend to spend over £350 on painting and decorating in 2016

5) Residents of Newcastle will cook up a storm this year, spending £211 on kitchen accessories – three times the national average.

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Latest Comments

Northerner 20 Oct 2016

Any views from outside the M25? No wonder politicians can't get the housing big picture when everyone seems to think that London is the yard stick, when it absolutely is not.

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Sean Lees
Sean Lees 13 Oct 2016

I think that the pest control really depends on the situation. If the tenant moved in and found an infestation that needs pest treatment service, I think it's more reasonable that the landlord should pay...

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Kevin 13 Oct 2016

Please Sian Berry Dan Wilson Craw LANDLORDS DO NOT WANT TO RAISE RENTS They are being forced to because of Section 24! An unfair, punitive tax hike that will be a disaster Green Party, Generstion...

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Fletcher88 11 Oct 2016

Absolutely agree! Moreover property prices edged up with 0.7% this month as the market recovered from the initial Brexit hit

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Gary Das
Gary Das 06 Oct 2016

A lot of lenders (especially the high-street banks and lenders people approach first) could do more to accommodate for the self-employed. It can really be a struggle, as I found out myself last year when...

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richardrawlings 04 Oct 2016

Not sure I understand this! If Basildon and Hemel rose 68% and 52% respectively, why do they not appear in the top ten list, which appears only to feature those in the minus 20's!! Is it me?

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luxus 27 Sep 2016

It can be stressful. More clarity is needed on the process, from a customer perspective and consideration should be given to using the Scandinavian model where the sales process is much quicker.

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Melissa_Green 26 Sep 2016

Green belts are normally designated around capitals and other major cities and conurbations and their aim is to prevent urban sprawl by keeping land permanently open. The essential characteristics of green...

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Jimmy_McCoy 16 Sep 2016

I think that the main reason to buy garden purchases in last minute is because people always search for the best deal. In summer months there are abundance of seasonal goods and it means more low cost

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Jimmy_McCoy 16 Sep 2016

Buying a home often is more expensive than you expect. There are lots of hidden costs such as: stamp duty, surveys and valuations, mortgages etc. that can add more than 10% to the total bill

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Homebuyerconveyancing 15 Sep 2016

We are seeing a massive influx of Homebuyers using online Estate Agents. The winners are the online portals that still aim to manage the customer journey to homeownership. They provide a valuation service,...

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oliviaG 12 Sep 2016

Without a doubt renovating can truly be very beneficial to many homeowners but it depends to a great extent on the condition of your home and the parts of it you want to refresh. Before you start you should...

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