Trex survey shows 74% of US homeowners plan to renovate instead of move

Trex survey of 2,000 U.S. homeowners found 74% plan to stay put, framing renovation as a strategic choice.

Renovation intent outweighed relocation plans, with 55% planning to renovate soon versus 8% planning to move first.

Outdoor living emerged as a key demand driver, with 54% saying outdoor space helps them decompress more than any indoor room.

Backyard or patio/deck ranked as the top stress-relief spot for 63%, supporting sustained spend on decks and outdoor upgrades.

Renovation payoffs split between lifestyle and resale, with 43% citing quality-of-life gains versus 42% citing higher home value.