A recent CIBC Home Renovations Poll shows that approximately half of Canadians renovate their homes each year with a budget of just over $10,200, although a third of them overspent. The top renovation projects in 2019 were basic maintenance, landscaping and bathroom renovations. To stretch their budgets, 57% of homeowners did some or all of the labour themselves rather than hiring contractors.
According to this CIBC survey, renovation spending in 2019 dropped to its lowest point in six years, perhaps because housi...
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