Once you buy a home, is it really worth it to sell it and buy a whole new home? Why not just renovate the home you have? This appears to be the logic currently coursing through the minds of many homeowners.
See: 5 Expensive Renovations Homeowners Always Regret
Find Out: How To Build Your Savings From Scratch
A new survey by GOBankingRates found that many people dished out a good amount of dough in the past year on home renovations. When asked, “How much did you spend on home renovations in the last year?” 8% of respondents said they spent less than $500; 16% said they spent between $500 and $2,000; almost 13% said they spent between $2,001 and $4,000; 13% said they spent between $4,001 and $7,000; almost 9% said they spent between $7,001 and $10,000 and almost 6% said they spent more than $10,000.













