In an average year, “Americans spend more than $400 billion on residential renovations and repairs” according to Harvard University’s Joint Center For Housing Studies (JCHS). Put another way, Housing Wire estimates that that works out to $9,081 per household every year. That may sound like a lot, but, really, it is only the beginning. Spending on home renovations and upgrades is up even more this year thanks to the global pandemic. Houzz reported an increase of at least 58% in home improvement projects. It is important to acknowledge that homeowners are not necessarily making renovations and taking on home improvement…