How Homeowners Are Paying for Their Remodeling Projects

How Homeowners Are Paying for Their Remodeling Projects

If you’re considering a home remodel, do you know yet how you’ll pay for it? There are several ways to fund a home renovation besides plain old cash — and the fact is, nearly half of homeowners use more than one payment method.

Houzz recently teamed up with two financial institutions, Synchrony and Bank of America, to do a deep dive into the ways homeowners paid for their home renovations in 2017. Read on to find out about the various renovation financing methods, plus which ones homeowners are choosing and why.