Kukun’s Data Scientists Reveal Insights into the Future of Home Renovations
Kukun, an online platform that helps homeowners navigate the home remodeling process, announced that its data scientists identified that the home renovation market is poised for significant growth in 2016 and that Millennials are the leaders among home renovators, especially those who are utilizing online tools to aid in the ease of the process.
Additionally, Kukun boasts that in under two years, more than 55,000 projects worth $450M+ in total renovations have been estimated on the platform, which Kukun has traced since its inception in 2014. The Company has seen the number of estimates triple on the site and traffic quintupled since January of last year.
“More sales means more renovations. More renovations means more people needing tools to help ease the process and make it more efficient,” said Raf Howery, CEO and co-founder of Kukun. “Major metropolitan areas, such as San Francisco and New York, are seeing the greatest number of home renovations due to their growing housing markets. We’re also happy to see Millennials are embracing the renovation process. Their generation is environmentally conscious and wants homes with sophistication, history and character. They’re key for the demand in technology like ours to solve the complexities of the home renovation process. Kukun is the perfect tool to fit their needs.”