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New data shows early planning is reshaping home remodeling outcomes
Summary by The El Paso Editorial Desk · Based on reporting by Stacker , KVIA ABC-7
· July 21, 2026
· 4 min read
Globally, spending on home renovations exceeds $2 trillion , and in the U.S. alone, there’s north of $500 billion injected into remodeling domestic properties each year, with Grand View Research reporting that the market is growing 4.6% annually . A paper published in Physica A states that delays...
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Original reporting Stacker, KVIA ABC-7 Original story Read at the source Source published Jul 21, 2026 Indexed here Jul 21, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway alone, there’s north of $500 billion injected into remodeling domestic properties each year, with Grand View Research reporting that the market is growing 4.
Why this matters in The El Paso
In El Paso, where the home remodeling market is thriving, the trend of early planning is particularly relevant. With the national market growing at a rate of 4.6% annually, local homeowners and contractors must be proactive in navigating the complexities of remodeling projects. The fact that 75% of construction projects experience delays, with a median delay duration of 20-40% of the total timeline, underscores the need for meticulous planning in El Paso's unique regulatory environment. By finalizing decisions on design and materials in advance, local homeowners can avoid costly mid-project changes and ensure that their contractors have sufficient time to secure necessary municipal building permits. As more El Paso homeowners opt to outsource planning to professionals, local contractors like CMK Construction are well-positioned to guide clients through the process, helping to mitigate delays and budget overruns. This shift towards early planning is likely to have a positive impact on the local remodeling industry.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 21, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? Globally, spending on home renovations exceeds $2 trillion , and in the U.S. alone, there’s north of $500 billion injected into remodeling domestic properties each year, with Grand View Research reporting that the market is growing 4.6% annually . A paper published in Physica A states that delays...
When was this published? This article was first published on July 21, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by Stacker at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
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