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Home Renovations Inspired by HGTV

July 14, 2014

Interior Home Renovations - Living RoomHome improvement shows like those on HGTV have sparked an “explosion” in home renovation spending in Canada, says a report released by the Altus Group. CBC News recently investigated if HGTV has contributed to Canadians willingness to renovate their homes.

The report says that spending on home renovations in Canada has doubled in the past 15 years, spiking in 2013 due to the economic growth and more disposable income states CBC News article on July 3, 2014. Canadians love to renovate and Todd Senft, President of reVISION confirms that business has increased about 2-5% during an interview with Farrah Merali from CBC News. Could this be the HGTV effect? Vancouver renovators believe this is in fact is a true statement.

According to the report, the home renovation industry contributed $63.4 billion to the Canadian economy — more than the amount spent on building new homes. Many consumers are inspired by brand new kitchens and bathrooms they see on TV. They know exactly what they want and the direction they want to take.

CBC News stated the report predicts that a combination of “robust home sales and continued low interest rates” will cause housing renovations investments to continue to increase by about three per cent in 2014 and 2015.

What are your thoughts with HGTV and home renovation?

Click Here to view the full CBC Report and video.

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  • I want to thank you again for the great service you have personally provided from start to finish of our project. It has been very much enjoyed and appreciated.

    I would be happy to speak with any future prospective customers on your and your companies behalf.

    , Vancouver
  • We have undertaken several projects over the past couple of years using your company’s services and have found you to be attentive to our needs and concerns, responsive to our requests, and as efficient as the busy construction industry can under existing conditions.

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  • When our renovations were complete, we were very pleased with the quality and detail of the work that had been done. Also the estimated time in which Todd quoted at the beginning was accurate.

    , Richmond
  • Todd is very organized and detail-oriented as well as being incredibly reliable…Todd represents a high level of professionalism within the work being done as well as on a personal level.

    , Vancouver
  • A special thanks is due to Todd for seeing to it that the work progressed efficiently, with materials and trades people arriving when needed.

    , Langley
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