Why Denver homeowners lead the nation in renovation spending

Denver Homeowners Lead National Spending on Renovations

A recent report from Instant Roofer has revealed that homeowners in Denver are outspending the national average when it comes to home renovations. In fact, Denver residents are spending 4.5 times more on room conversions compared to the national average, with an average cost of $900 versus $200. On average, renovation projects in Denver cost around $14,200 annually, which accounts for 11.5% of household income.

According to Jacob Petrosky, the founder of Instant Roofer, the increase in remote work opportunities in Denver has been a driving force behind the surge in home investments. “Working from home all day has led residents to prioritize creating a comfortable and functional living space, including a proper home office setup,” Petrosky explained.

Choosing Upgrades Wisely

Nick Painz, managing Broker at META Homes with RE/MAX Alliance, advises homeowners to carefully consider their home upgrades to ensure they bring joy and satisfaction. Painz emphasizes the importance of vetting vendors thoroughly, as quality often comes with a higher cost. It’s crucial to work with insured contractors and have a written contract detailing the expected work.

For those considering selling their homes, Painz recommends consulting with a professional to align upgrades with potential buyers’ preferences. He also warns against DIY projects in critical areas like electrical and plumbing work, as well as avoiding high-pressure sales tactics from contractors.

A 2025 report from Thumbtack highlights that homeowners prioritize renovations for happiness rather than resale value. The survey found that 84% of homeowners prefer joy-focused projects, even if they plan to sell their homes. Popular renovation projects include interior painting, window replacements, new flooring, updated light fixtures, and dedicated hobby spaces.

Avoiding Remodeling Mistakes

Liam Smith, a color and print expert at Aura Print, emphasizes the impact of aesthetic choices on a property’s value. He recommends using neutral wall colors, simple wallpaper designs, and avoiding strong thematic decor. Flexible built-in features, bright interior elements, and neutral ceiling and floor treatments are also preferred by buyers.

This content was prepared independently and JS’s news and editorial staff were not involved in its creation.