HONOLULU (KHON2) — During the summer months people tend to work on their houses doing various home improvement projects.
Because Hawaii is close to the equator there are endless days of sunshine, warm weather and dry conditions. That can come in handy when doing outside projects or major renovations.
A new study ranked the most and least expensive states to complete home improvement projects, and Hawaii was among the states at the top.
The top 10 most expensive cities:
- Sunnyvale – California
- San Jose – California
- San Francisco – California
- Fremont – California
- Pasadena – California
- Glendale – California
- Oakland – California
- New York – New York
- Torrance – California
- Honolulu – Hawaii
According to their study, Honolulu had a high contractor rate and a high mortgage rate.
Dr. Stephen Brincks is an assistant professor at San Diego State University and said although it’s expensive to do home improvement projects, the money and time can pay in the long run.
“If budgeted properly, you can add value to your home,” said Brincks. “Professionals have to pay for the cost of raw materials and the cost of labor. Labor is a significant proportion of most project costs.”
He said by doing a project yourself, you save the labor cost and can make home remodeling yield a financial benefit for you.
“Remodeling is exciting and something to brag about. You designed a