Angi Survey Reveals How Gender Shapes Homeownership

Angi Survey Reveals How Gender Shapes Homeownership

DENVER, March 29, 2023 (Globe NEWSWIRE) — Angi, a main and complete alternative for home advancement, right now announced the results of a new survey of 1,000 U.S. owners, which highlights the variations in how women of all ages and gentlemen of distinctive ages and generations method homeownership in a put up pandemic era.

Whilst each males and females (68% and 52% respectively) are likely to perspective themselves as the sole selection maker when it will come to residence projects, extra gentlemen (58%) say they want to handle these choices. Adult males also are inclined to say they locate property advancement “rewarding,” and additional regularly truly feel they are “very knowledgeable” about property servicing and repair do the job (40%) as in contrast to females (29%).

“We know women—single or married—drive customer purchase choices in the dwelling, but there’s extra of a nuanced electrical power dynamic concerning men and ladies when it arrives to expending selections on the house by itself,” reported Angie Hicks, Chief Client Officer of Angi. “Men and gals property owners both equally see by themselves as holding the power on these decisions, but women really don’t exhibit the similar self-confidence adult men do. Women of all ages also choose to collaborate on residence venture conclusions, although men want to go it on your own.”

The results vary, nevertheless, for younger property owners. Girls beneath the age of 34 are additional possible to say they come to feel “very knowledgeable” about property enhancement (36%) vs . individuals about the age of 34 (26%). Youthful gals also choose sole possession (49%) of choices vs . these in excess of the age of 34 (42%). The inverse is real for gentlemen: those below the age of 34 (44%) favor shared duty much more than these more than 34 (39%).

Continued Ms. Hicks, “What’s exciting is how these dynamics may evolve in the potential as we glimpse at more youthful householders. Our research shows young women are additional most likely to have procured their initial property while solitary, which could perhaps affect their self confidence and method to determination-generating. At the very same time, young guys much more routinely desire to collaborate on property undertaking determination-producing as when compared to their older counterparts.”

Key conclusions of the survey include things like:

  • Who’s driving: Males (68%) say much more often they are the major choice maker when it will come to dwelling enhancement, but a substantial portion of girls owners surveyed (52%) also see on their own as keeping sole electrical power.
  • Collaboration vs regulate: Additional females (56%) say they desire shared responsibilities and final decision producing when it arrives to residence expenditure decisions while extra adult men (51%) say they want full ownership.
  • Self confidence: Guys (40%) far more often chosen that they really feel really educated about home enhancement, repairs, and routine maintenance in contrast to gals (29%).
  • Pleasure: Males a lot more normally say (59%) property improvement and maintenance is worthwhile though girls more often say (61%) they obtain it expensive. When males and ladies explained they find property ownership “enjoyable,” extra adult males than women (63% vs 57%) appear to enjoy it.
  • Value: Spending plan was the key consideration—for each guys and women—when it arrived to challenge prioritization through COVID and the biggest supply of disagreement when it came to finishing jobs.

A prevalent denominator for all study respondents was spending budget, with 55% of owners citing spending budget as a major thing to consider. Upcoming major issues have been hiring a capable specialist (10%) and influence of the task on way of living (9.9%). Even though price range was a vital concern, owners surveyed claimed they have finished additional projects in the past 3 years (2020-2023) than the a few decades prior (2016-2019). 42% of property owners said they took on 1-2 far more projects and 30% have taken on 3-4 extra jobs.

“All homeowners are focused on price range and also the have to have to acquire on a better volume of jobs provided much more of their lives revolve all-around the residence,” said Ms. Hicks. “Pre-pandemic projects were being about escalating household price and generating a return on financial investment. Now it’s about making sure your home finest supports the way you are residing in it.”

This scientific random sample of 1,000 US adult property owners are all presently functioning on residence renovations or plan to start off home renovations before long. The sample was surveyed on February 7th, 2023. No weighting has been utilized. Angi carried out and analyzed this study with a sample procured employing the Pollfish survey supply system, which delivers on the net surveys globally by way of cell applications and the mobile world wide web alongside with the desktop website.

About Angi
Angi (NASDAQ: ANGI) is your dwelling for every little thing home—a complete alternative for all your home requires. From repairs and renovations to solutions and financing, Angi is reworking just about every contact place in the shopper journey. With around 25 a long time of working experience and a community of around 200,000 execs, we have assisted more than 150 million people today with their property wants. Angi is your associate for each individual aspect of your dwelling care journey.

Angi Company Communications
Mallory Micetich
(303) 963-8352