Chicago homeowners are spending big money on renovations

by Emily Marek

Chicago ranks in the top five cities for home renovation spending, according to a report from Pro Tool Reviews.

The professional tool review site analyzed home renovation spending across the U.S. and determined that California is the No. 1 state in the country for such expenditures, with residents spending $72.4 billion in the past two years. 

Chicago ranks No. 4 among large cities when it comes to renovation spending. On the whole, Chicagoans spent $14.7 billion on home improvements in the past two years.

The top cities for renovation spending were New York, Los Angeles and Dallas. 

While Chicago is one of the cities spending the most on home renovations, Illinois is among the five states spending the least. Illinois spent $17.8 billion the last two years. Only four states spent less in total than Illinois. They are, starting with the least: Maryland, Virginia, Colorado and Ohio.

Across the country, remodelers spent more than $641 billion on home renovations in the past two years, with the most common projects relating to water heating, HVAC, flooring, plumbing and windows and doors

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