Homes with Patios now Popular

More new homes are being built with patios, as homeowners show a greater craving for more outdoor space. About 58.6 percent of new single-family homes started in 2017 included a patio, according to an analysis by the National Association of Home Builders. That makes patios more common than decks (23.8 percent), but still shy of the popularity of porches (64.7 percent).

The Annual Builder Practices Survey, conducted by Home Innovation Research Labs, shows that the average size of a patio on a new home is about 260 square feet. Poured concrete is the most often material used for the surface, followed by concrete pavers, natural stone, and brick pavers.

Read more ideas about getting the most out of a patio space: That Small Backyard Can Still Be a Selling Point and 5 Biggest Yard and Patio Staging Mistakes

Exterior Projects Top Home Remodeling List

Thirty-six million owners plan to renovate their homes within the next 12 months, and the home’s exterior is likely to get most of their attention, according to a new survey by Bankrate.com of 1,000 home owners.

Home exterior or yard renovations – such as repairing driveways, decks, patios, pools, landscaping, or fencing – are among the most popular projects home owners plan to take on in the next year. The next most popular renovation projects include adding new flooring and new windows, roofing, or siding, the survey shows.

Millennial home owners are the most likely to be planning renovations when compared to other age segments, according to the survey. Also, home owners with lower income are just as likely to be planning renovations within the next 12 months than those with higher incomes, according to the survey.

Source: Bankrate.com