• Subscribe Now
  • Subscriber Login
  • My Account
Huntsville Business Journal
  • Link to Facebook
  • Link to X
  • Link to Mail
  • Link to Rss this site
  • News
  • Small Business
  • People
  • Real Estate
  • Government
  • Finance
  • Technology
  • Contact
  • EVENT Magazine
  • Best of Huntsville
  • Menu Menu
1273187983 huge
Kimberly Ballard

Huntsville Homeowners Lead in Home Improvement Projects in 2021

September 7, 2021/in Lead, Featured, Housing, News, People/by Kimberly Ballard

There is nothing like being stuck at home over an extended period to convince the average Alabamian that leaky roof is getting worse; that sticking door is a menace; those clanging pipes must go; and indeed, your family has outgrown your existing layout and you do need to enlarge the bathroom, knock out a wall, or modernize the kitchen!

According to the Hearth Home Improvement Index, which looks at the number of applications for home improvement loans in every state, Alabama residents filled their stay-at-home pandemic time with much-need, often long-planned home improvement projects.

Alabama ranked in the top ten states nationally for initiating home improvement projects in 2021 and Huntsville was among the top five cities in Alabama for securing home loans for a variety of remodeling projects coming out of the pandemic.

Those projects found Huntsville residents averaging $20,125 in interior remodeling projects. They also spent an average of $8,166 on roofing projects; $5,910 in fence and deck building projects; $5,500 on security systems; and $15,700 in “other” home improvements like HVAC, plumbing, foundation repair, etc. 

The commercial and residential construction industry contributes many of the current construction supply shortages and persistent disruption of the supply chain on the boost in professional and do-it-yourself home improvement projects during the pandemic. And they did them despite rising material costs and shortages.

Barry Oxley, executive officer with the Huntsville Madison County Builders Association said that if you go back to the beginning of the pandemic more than a year ago, construction never shut down and the supply chain never shut down, but priorities shifted to the healthcare and food industries.

“In the meantime, builders continued to complete remodeling projects, repairing roofs, and replacing windows and doors, while people at home considered it an ideal time to redo the kitchen or bathroom.

“The supply chain got derailed and it hasn’t fully come back,” said Oxley.

The study also found that nationally, baby boomers aged 57 to 75 are more likely to invest in masonry projects and swimming pools, while both Gen X (age 41-56) and millennials (age 23-38) are more inclined to remodel their homes. The demographic known as Gen Z comprised of twenty-somethings took out the most construction loans.

Related Stories:

  • Tiffany James Selected as CEO of Huntsville Area A...

    Tiffany James Selected as CEO of Huntsville Area A...

  • City of Huntsville hosting special July 4 celebrat...

    City of Huntsville hosting special July 4 celebrat...

  • Huntsville business owner Natalia Infante brings h...

    Huntsville business owner Natalia Infante brings h...

Tags: City of Huntsville, City of Madison, COVID-19, Economy, Home Improvement, Housing, Madison County, News
Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Reddit
  • Share by Mail
https://huntsvillebusinessjournal.com/wp-content/uploads/2021/09/1273187983-huge-scaled.jpg 700 1050 Kimberly Ballard https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Kimberly Ballard2021-09-07 08:27:042021-09-07 08:27:04Huntsville Homeowners Lead in Home Improvement Projects in 2021
You might also like
United Community Bank United Community Expands Huntsville Commercial Banking Team with Two Senior Hires
Sarah Huskey Sarah Huskey: Collins Aerospace, Project Manager of the Customer Experience Center
The top 5 mindsets to avoid in your workplace The top 5 mindsets to avoid in your workplace
Von Braun Center unveils 2M Propst Arena upgrade Von Braun Center unveils $2M Propst Arena upgrade
Local Small Business to Bring Shoreline Experience to Huntsville for Holiday Season Local Small Business to Bring Shoreline Experience to Huntsville for Holiday Season
First Horizon Foundation awards 1.6 million in grants to 160 nonprofits across its footprint First Horizon Foundation awards $1.6 million in grants to 160 nonprofits across its footprint
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

Search Search

Categories

Support Local Journalism - Subscribe today

Menu

  • Features
  • Events
  • People
  • Small Business
  • Government
  • Finance
  • Technology

Subscribers

Subscriber Login

My Account

Become a Subscriber

Sign Up For Newsletter

 

Contact Us

Advertise
Submit Your News
Distribution

EVENT Publishing
Huntsville Business Journal
600 Boulevard South #104
Huntsville, AL 35802

(256) 533-8078

Publisher:
todd@huntsvillebusinessjournal.com

Send Us Your News:
editor@huntsvillebusinessjournal.com

Site by PlayBig Design - Managed by IG Webs
  • Link to Facebook
  • Link to X
  • Link to Mail
  • Link to Rss this site
  • Subscribe Now
  • Subscriber Login
  • My Account
Link to: Chamber Kicks Workforce Development Strategy Into Overdrive Link to: Chamber Kicks Workforce Development Strategy Into Overdrive Chamber Kicks Workforce Development Strategy Into OverdriveChamber logo Link to: Madison Chamber Announces Nominees for 2021 Best in Business Awards Link to: Madison Chamber Announces Nominees for 2021 Best in Business Awards Best in Business graphicMadison Chamber Announces Nominees for 2021 Best in Business Awards
Scroll to top Scroll to top Scroll to top