With growing demand for home remodeling and construction material shortages, budgeting accordingly for house projects has been unpredictable. Many homeowners may be getting sticker-shocked at how much certain house projects and repairs are costing.
HomeAdvisor surveyed more than 900 consumers to learn about their outlook on home improvement and how accurately they estimate specific projects.
Interior painting has been one of the most popular home improvement projects ever since the pandemic began. Yet, more than 25% of homeowners underestimate interior painting costs, the study found. About a quarter of homeowners underestimate interior painting costs by about 50%.