Home Improvement Projects Are Blowing Past Budgets—Here’s How Homeowners Are Responding

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Lately, I’ve been hearing from many homeowners who’ve felt the sting of rising renovation costs—43% have seen their projects run more than 30% over budget. With both inflation and material shortages at play, I’m seeing friends and clients in Las Vegas and beyond focusing on essential repairs first, putting off the wish-list upgrades for now. Even so, it’s striking that 66% still plan to invest in major improvements over the next five years. As someone who helps buyers and sellers make strategic moves—often with lifestyle and future goals in mind—I know how important it is to balance dream renovations with a realistic budget. If you’re navigating these decisions, you’re not alone. My goal is always to help you feel informed and supported, whether you’re prioritizing must-do repairs or planning your next chapter here in the valley.

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