Owning a comfortable and functional home is always important, especially during Covid-19 pandemic period. It was only natural that many people’s thoughts turned to DIY home improvements when people spend so much time at home.
Let’s take a look at home improvement statistics in Canada as follow for more information.
Home Improvement Statistics for Canadians
- Almost 75% of Canadians had carried out a DIY project in their homes before the Covid-19 pandemic.
- Almost 57% of homeowners completed one or two minor DIY projects in 2019.
- Painting the interiors is the number one DIY job, especially among 23-34-year-olds.
- More than 20% of Canadians visit DIY stores at least once a month.
- In 2019, the Canadian home improvement industry generated approximately $50 billion in sales.
- Home Depot of Canada is the most popular choice for home improvers.
- 94% of Canadians took on indoor DIY projects during the pandemic.
- 20% Canadians put off larger projects that would have meant outsiders coming into their homes during the pandemic.
- Spending on home improvement projects increased by 66% from February 2021 to June 2021.
- Following the pandemic, Canadians main reason for home improvements was for personal enjoyment rather than to increase the value of their home.
- Only 4% of Canadians would spend more than $50,000 on home improvements, while almost 50% consumers would want to keep the spending below $10,000.
- 49% of Canadian homeowners prefer to carry out all home improvements themselves with no professional help.
- 80% of Canadians say sustainability is an important factor when making home improvements.
- Indoor/outdoor pools, chef’s kitchens and home fitness centers are the top fantasy home renovation projects in Canada.
- 68% of Canadians have at least one smart home technology device.
What comes under home improvement?
There are three main types of renovations in Canada. The first category is lifestyle renovations such as remodeling to meet your changing needs. Projects in this category include building a second bathroom or turning an office into a nursery.
The second type focuses on mechanical systems or the home shell. These remodeling projects include upgrading insulation, installing new windows or replacing the furnace.
The final type is repair or maintenance renovations which keep your house working normally. These kinds of projects include renovations such as plumbing or re-shingling your roof.
Almost 75% of Canadians have completed a DIY project to improve their home before the pandemic
DIY is definitely a popular program in Canada with 73% of Canadians having carried out improvements in their homes before the pandemic. The most common spaces Canadians have renovated themselves include bedrooms with 45%, bathrooms at 43% and basements at 37%.
However, when people are asked which space they prefer to remodel in their homes, 26% think they should renovate their basements while only 9% choose the bedroom. 70% of Canadians believe that renovating large spaces such as kitchens or washrooms can help to add value to their homes.
Nearly 57% of homeowners in Canada had finished one or two small projects or repairs in their homes in the year 2019. During the same year, 36% of Canadians had finished between three and ten DIY projects.
The most popular home improvement projects
Interior painting is obviously the most popular project in all age groups, however, there are differences between the younger and older Canadians. Among the 23-34 age group, 53% said they would choose to paint to improve the appearance of their homes. In the over 55 age group, only 35% said they would choose to paint for improving home appearances.
23% of Canadians are choosing new appliances installed was the second most popular job. It was so popular that a large number of people looking to update their appliances caused shortages across the country during the pandemic.
21% of homeowners choose bathroom renovations this as their top job. It is because that bathrooms have been relatively quick and easy to renovate, but having high personal value as a place to relax in.
Over 20% of Canadians visit DIY stores at least once a month
Before the Covid-19, the home improvement statistics showed that 21.6% of Canadians visit home improvement stores at least once a month. 44.8% of Canadians said they visit DIY stores only a few times in a year.
What are the most popular home improvement retailers in Canada?
From the previous sales data we can see Home Depot Canada and Lowe’s Companies Canada ULC have the largest market shares. Sales generated by Home Depot were $8.8 billion in 2019, with Lowe’s coming second with $7.1 billion.
41.8% of Canadians prefer to buy at Home Depot as their first choice when renovating homes. Interestingly, the second most popular choice was Canadian Tire, which was the number one store for 25.4% of Canadians, despite not making it into the top three companies for annual sales revenue. The third most popular home improvement stores were Lowe’s, with 9.3% people choosing to go there first before looking elsewhere.
Post time: Jul-18-2023