It’s safe to say that 2020 has provided Americans with the opportunity to spend more time at home than ever before—and two-thirds of homeowners have been making the most of the year by investing in their homes.
A poll of 2,000 Americans discovered that for 62% of people, investing in the home is the result of wanting to make their living spaces more comfortable and suitable for their new lifestyles.
The study, conducted by OnePoll on behalf of Thermador, aimed to discover how people are rethinking their home environment and the steps consumers have taken to create more purposeful living spaces.
Results showed that one in four respondents upgraded a kitchen appliance, with another 50% elevating their home décor.
Additionally, 19% of respondents have transformed their entire living space since March 2020. Meanwhile, 17% have purchased new office furniture to make themselves more comfortable as they work from home.
People are also taking more time to reimagine and reconfigure their homes, as more members of the household are now enjoying the same spaces together.
As a result of these upgrades, nearly two-thirds of those surveyed are the happiest they’ve been with their homes—ever.
And people will continue to improve their spaces going into the holiday season. In fact, three in five say they are more likely to change up their interior design during this time.
“Many people are making various enhancements to their homes, such as adding built-in coffee machines in master suites and reworking garages to create in-home exercise rooms. It’s more important than ever that living spaces reflect peoples’ lifestyles, so investing in home improvements and remodels enables them to create a truly customized and functional environment,” stated a spokesperson for Thermador.
People are also turning to smart appliances to make their homes function better. For example, 46% of respondents invested in a smart appliance since March 2020.
TOP HOME UPDATES OF 2020
Upgraded a kitchen appliance 26%
Rearranged furniture 26%
Upgrade home decor 25%
Upgraded furniture 24%
Whether it’s using voice control to lend a helpful hand in cooking meals or remotely starting the dishwasher, it looks like homes across the country are being turned into the newest “hotspot” this year.