Are You Investing in Your Home This Year?

January 27, 2009

As I was reading the Angie’s List Company Connect newsletter this afternoon, I came across a surprising figure: 60 percent of members polled say they plan to invest more money in their homes this year than they did in 2008. Additionally, most members say they will hire a professional to do the work for them. Most also plan to pay for the work outright rather than to finance it.

More than 50 percent of the members polled say now is a good time to make these investments, whereas only 19 percent say it’s a bad time to spend on home improvements.

Of course, this is all according to a poll by Angie’s List. I want to hear from you. If you are a homeowner, do you agree with those who plan to take on home improvement projects this year? If so, what home improvement projects are priorities to you? Does it have anything to do with the slumping housing market?