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Home Renovation Platform Information

2025-12-12 06:37:18   1次

Home Renovation Platform Information

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The U.S. home renovation market is driven by digital platforms offering project management, design tools, and contractor matching. Key players like Porch, HomeAdvisor, and Houzz dominate with features such as real-time cost estimation, 3D visualization, and user reviews. Market growth is fueled by post-pandemic demand for home upgrades and tech adoption.

The U.S. home renovation market is projected to grow at a 6.8% compound annual growth rate (CAGR) from 2023 to 2030, reaching $912.5 billion by 2030 (IBISWorld, 2023). This surge aligns with rising DIY trends, as 76% of homeowners now use online platforms for research and contractor vetting (National Association of the Remodeling Industry, 2022). Platforms like Houzz reported a 40% increase in user-generated design content in 2023, reflecting consumer reliance on community-driven insights. Additionally, AR/VR tools integrated into platforms such as Zillow Dwellings reduced project改期 costs by 18% (Zillow Research, 2023). These trends underscore the shift toward tech-enabled, transparent, and personalized renovation solutions. The dominance of review-driven platforms also addresses historical pain points, with 68% of consumers prioritizing contractors with 4.5+ stars on platforms like HomeAdvisor (Angi, 2023). Such data highlights how digital platforms are reshaping market dynamics by enhancing accessibility, trust, and efficiency.

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Home Renovation PlatformsMarket Trends