What was the “Joy Score” in home conversion?

Washington – (from Dale King, Realty News Report) – Conversion of your kitchen can bring you pure joy.

While it sounds a bit superficial, a good kitchen conversion can bring you luck and a smile on your face when you make your first cup of coffee in the morning.

It is called “Joy Score” and shows which redesign jobs have made the happiest.

On the chats of the Joy Score (1) the kitchen repetition, (2) the addition of a primary bedroom suite and (3) are a new roof.

It is difficult to determine why a new roof would be enthusiastic about someone, these are the results of a new study by two large apartment organizations.

The remodeling joy score was included in new surveys, which were compiled by the National Association of Realtors and were also found in the National Association of the “Remodeling Impact report 2025” of the Remodeling industry.

The new report evaluates the numerous motivations for homeowners in order to carry out the results of this effort and the increasing level of happiness of homeowners and apartment residents as soon as a conversion order is completed.

Coincidentally, many residents and dwellers, while they are apartments in the renovation of apartments, are willing to take part in the process of increasing their living rooms. Say more, you would do it if you had the money.

In 2024, the Americans spent an estimated 603 billion US dollar for conversion projects in house conversion, determined Nar and the Nari report in their exams. And if the costs were not a factor, more than 90 percent of the consumers stated that they renovate additional areas of their households.

You can find a variety of projects in a typical conversion list. Nevertheless, Nar and the Nari report found that the reasons for the implementation of the renovation work essentially fall into two categories: for the personal satisfaction or value of the value of a house. These reasons often overlap.

According to the reports mentioned above, the renovation projects, which received the highest so-called “Joy scores”, includes a ranking of 1 to 10, based on the Happiness House Owner, who feels the addition of a primary bedroom suite (10) and new roofing (10) after completion has been completed.

Earn money when you sell: Get a steel house door and a renovation of closet

In contrast, the conversion projects with the highest coster conversion expectation – as an estimate by Nari members – include a new steel front door (100 percent), the renovation of the cabinet (83 percent) and a new front door for fiber optic (80 percent).

Brokers often ask the homeowners to carry out renovation projects before they bring their houses onto the market. The top projects that potential sellers should take on include painting the entire house (50 percent), painting an interior (41 percent) and adding new roofs (37 percent).

The brokers have changed to the preferences at home since 2020, said research by Nar and Nari. The first -class renovation efforts, according to which the Nar members have found increased demand in the past two years, kitchen upgrades (48 percent), new roof trees (43 percent) and the renovation of Bad (35 percent).

“Homeowners carry out renovation projects for numerous reasons, but what remains fascinating is the inequality between the joy that is experienced after the remodel, and the actual cost recovery,” said Jessica Lautz, deputy chief economist and vice president for research.

“While homeowners are proud to bring their personal taste and design decisions to life, brokers may recommend different strategies to improve the resale value of the property.”

When consumers convert their houses, the main reasons are the improvement of worn out surfaces, surfaces and materials (27 percent). Improvement of energy efficiency (19 percent); According to Nar and Nari numbers, a change (18 percent) and preparation for sale within the next two years (18 percent).

“This report shows that the demand for the conversion is still robust, with 42 percent of Nari members observing an increase in contract projects and 57 percent larger project areas in the past two years,” said Nari President Jason Hensler.

“Homeowners discover a considerable value and the joy in these investments – from smaller upgrades such as front doors and windows to important renovation work such as kitchens and primary suites.”

While the affordability of living space and increasing mortgage interests were seen as potential motivators for the conversion of homes, most consumers (89 percent) were of the opinion that the affordability of a place of residence was not a decisive factor for their decision to revise their homes.

For a smaller segment of consumers (9 percent), however, the improvement of the value of an apartment served as a motivating factor for the implementation of projects.

“Interestingly, despite the lock-in effect, the affordability of living space decides, in which the mortgages from homeowners with low interest rate from homeowners prevent their houses converted,” added Lautz. “Instead, the extensive amount of housing that homeowners have built up over time enables you to invest in the conversion of your houses while staying in place.”

Homeowners believe that the most important results from conversion projects have improved functionality and livelihood (28 percent). Durable and durable results, materials and devices (23 percent) as well as improved beauty and aesthetics (23 percent).

According to their renovation projects, 64 percent of the homeowners expressed the greater wish to be in their houses, while 46 percent gave an increased pleasure in their living space.

In order to finance their conversion projects, consumers primarily based on home loans or credit lines (54 percent), savings (29 percent) and credit cards (10 percent).

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May 6, 2025 REALTY News Report Copyright 2025

Photo: Cynthia Lescallet Calpix, REALTY News Report Copyright 2025

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