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Trump administration’s April 2025 tariffs will increase home renovation costs by an average of $7,840, a 15% rise, directly affecting homeowners and flippers.
April 25, 2025
Trump administration’s April 2025 tariffs will increase home renovation costs by an average of $7,840, a 15% rise, directly affecting homeowners and flippers.
Key Facts:
- Bathroom Renovations: Costs up 41.7%, mainly due to a high 245% tariff on Chinese quartz countertops and plumbing parts.
- Kitchen Remodels: Prices jumped 77.5%, driven by tariffs on quartz countertops, refrigerators, and stainless steel sinks imported from China.
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Flooring Projects: Increased by 79.1% due to a major tariff hike (245%) on Chinese vinyl flooring.
These dramatic price increases stem mostly from a substantial 245% tariff on Chinese imports, with additional flat tariffs of 10% on various other materials.
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