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Nantucket County Spends Most On Home Remodeling

Mar 10, 2011 | Reprints | Unlock Link | Print

home repair Nantucket County has earned the top spot on the National Association of Home Builders (NAHB) list for most money spent on remodeling per owner-occupied home.

Nantucket County leads the nation on remodeling spending per home at $9,369, according to the NAHB. The average spent across all counties nationwide is $2,085.

"Total remodeling spending in a particular county is most strongly related to the number of homeowners in the county," said NAHB Chief Economist David Crowe. "On the other hand, we found that remodeling per home depends upon factors such as the share built before 1980, the share owned by married couples, and, most significantly, the average value of the homes."

Residential Real Estate