Posted on 21/07/2016 by Dave Irons
While previous generations may have been more focused on practical upgrades to their homes, such as central heating and indoor toilets, homeowners in the present are focusing on adding space, which is a positive trend for jobs in tool hire.
House extensions have wide-reaching potential for jobs in tool hire as, unlike a single more closely defined home improvement project, extensions typically need everything from new floors, walls and ceilings to electrical wiring, plumbing and final decorations.
Some of these must be done by professional tradespeople, but others fall on the homeowner, and it's likely that the local tool hire shop will be called into help at some stage.
According to the Federation of Master Builders, this desire for more space is the most important reason why 61% of homeowners call in a small to medium-sized construction firm to carry out work on their property.
With the costs of moving house typically equalling about 5% of the property value, it's clear to see why staying put and extending is the preferred option for many people.
Brian Berry, chief executive of the FMB, said: "You can create a lot of new space in your existing home for that amount of money.
"The simple need for more space has become increasingly important over the past 20 years and is now the most significant reason for homeowners calling in a builder."