Basement Industry Charts and Graphs

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1-800-BUSY-DOG WELCOME Basement Industry Charts and Graphs

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Transcript of Basement Industry Charts and Graphs

Page 1: Basement Industry Charts and Graphs

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WELCOME

Basement Industry Charts and Graphs

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Full Basements Partial Basements Crawl Space Concrete Slab Total US Basements0

10

20

30

40

50

60

70

80

90

100

27.8

9.1

21.1

28.1

86.1

US Basement Composition Number (millions)

Source: U.S. Census, AHS

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BASEMENT INDUSTRY CHARTS AND GRAPHS

1960 to 1969

1950 to 1959

1940 to 1949

1930 to 1939

1920 to 1929

1919 or earlier

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Number of US Housing Units 50 or More Years Old # of Housing Units

Source: AHS

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Type of Foundation in New One-Family Houses Completed in 2007, by U.S. Region

Number of Houses (in 000s) % Distribution

Region of Country Total Full or Partial Basement Full or Partial Basement

Northeast 105 78 75%

Midwest 189 139 74%

West 294 55 19%

South 631 66 10%

Source: Annual 2007 Characteristics of New Housing, U.S. Census Bureau

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Total U.S. Home Improvement and Maintenance Repair Expenditures and Percentage Change 1998-2007 (in billions)

Year Expenditures % Change1998 $ 133.70 6.90%1999 $ 142.90 7.10%2000 $ 153.00 3.10%2001 $ 157.80 9.90%2002 $ 173.30 2.10%2003 $ 176.90 12.20%2004 $ 198.60 8.30%2005 $ 215.00 6.10%2006 $ 228.20 -0.80%2007 $ 226.40 -1.50%

Source: SBI, Cost Vs. Value Reports

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Average Cost of a Basement Remodel Job by a Professional Contractor, 2003-2007

2003 2004 2005 2006 2007CAG 2003-

07

43865 47888 51051 56724 59435 7.90%

Source: SBI, Cost Vs. Value Reports

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BASEMENT INDUSTRY CHARTS AND GRAPHS

2003 2004 2005 2006 2007 20080

200000

400000

600000

800000

1000000

1200000

Number of Households Remodeling Basements, Attics or Garages with a Contractor

Source: Simmons Market Research Bureau

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Percentage of Households That Remodeled Basements, 2005-2007

2005 2006 2007

32% 29% 37%

Source: SBI

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Number of Households Remodeling Basements with a Contractor 2005-07

2005 2006 2007

296640 208510 374070

Source: SBI

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BASEMENT INDUSTRY CHARTS AND GRAPHS

US Professional Basement Finishing Market (Billions)2005 2006 2007

$ 15.10 $ 11.80 $

22.20

Source: SBI

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Forecast U.S. Professional Basement Finishing Market, 2008E-2012F (in billions of dollars)

2007 2008E 2009F 2010F 2011F 2012FCAGR 2008E -

2012FUS

Market 22.2 23.3 24.9 26.7 28.6 30.6 7.00%

% Change 5% 7% 7% 7% 7%

Source: SBI

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Forecast U.S. Professional Basement Finishing Market, 2008E-2012F (in billions of dollars)

2007 2008E 2009F 2010F 2011F 2012FCAGR 2008E -

2012FUS

Market 22.2 23.3 24.9 26.7 28.6 30.6 7.00%

% Change 5% 7% 7% 7% 7%

Source: SBI

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BASEMENT INDUSTRY CHARTS AND GRAPHS

Basement Remodel Cost and % of Cost Recouped, 03-07Year Job Cost Resale Value % Cost Recouped

2003 $ 43,865.00 $ 34,801.00 79.30%

2004 $ 47,888.00 $ 36,457.00 76.10%

2005 $ 51,051.00 $ 46,010.00 90.10%

2006 $ 56,724.00 $ 44,685.00 78.80%

2007 $ 59,435.00 $ 44,661.00 75.10%Source: SBI, Cost vs. Value Survey