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Consumers are Estimating 81% More Home Renovation Projects According to Kukun

MENLO PARK, CA / AGILITYPR.NEWS / September 22, 2020 / Kukun Shares 2020 Milestones Including Site Traffic Increasing 158% Year-Over-Year

Consumers Are Estimating 81% More Home Renovation Projects Using Kukun’s Tools


Kukun, the data-driven home improvement platform that empowers homeowners and other property owners to make informed decisions on remodeling projects, reaches company milestones for continued growth in 2020. Milestones include traffic across all of Kukun’s home project estimation tools growing by 158%, a new executive hire, adding an economist to the advisory team, expanding lender partnerships, and more.


Kukun traffic across all tools and data is up 158% and home renovation project cost estimator usage is up 81% from August 2019 to August 2020. Kukun's home remodeling cost estimator tool can calculate renovation costs and ROI for over 40 home improvement projects instantly. Cost calculations are specific to where the property is located and ROI estimates incorporate a number of proprietary data sources – including comprehensive commercial and residential permit data – to provide industry-leading precision. Homeowners, realtors, and investors enter a few basic parameters for their remodeling project and they obtain a realistic estimate of the total cost in minutes. The Home Renovation Project Cost Estimator can be found here: https://app.mykukun.com/Home-Renovation-Costs.


Kukun's complete homeownership toolkit is already being leveraged by major financial institutions to more deeply engage their existing customers as well as realtors, investors and individual homeowners across the country. Kukun has recently added “Prepare My House for Sale” - a tool designed to recommend specific pre-listing projects to help the property owner maximize their sales price. Here is a direct link: (https://mykukun.com/Getting-House-Ready-To-Sell)


The Company also added two new members to the executive and advisory team. Bill Walker is a veteran FinTech and real estate executive who will serve as Chief Operating Officer (COO) of Kukun. Bill was previously Chief Revenue Officer at Unison, Senior Vice President of customer acquisition at Prosper and held Executive positions at Barclaycard US and MBNA. Ralph B. McLaughlin has joined as an advisor on Kukun’s board where he will be responsible for advising Kukun’s data science team in developing predictive housing market analytics and products. Ralph has previously held roles as Chief Economist at Trulia and Deputy Chief Economist at CoreLogic and currently serves as Chief Economist at Haus and Adjunct Assistant Professor at the University of Southern California.


Kukun leverages the most comprehensive data collection of residential and commercial permits across the United States to drive project ROI and return expectations for property purchases. With their financial institution partners, Kukun is able to offer project financing options across 20 different lenders including Discover, PNC, SoFi, and other top ten banks. Finally, Kukun maintains an exhaustive database of over 750,000 contractors and industry professionals to offer property owners referrals for completing renovation projects.

About Us

About Kukun

Kukun is a data and analytics company that is reinventing major aspects of the massive Home Remodeling Market. Kukun is powered by an advanced data-set and AI-driven technology to bring transparency, accuracy, and insight to the remodeling industry. Kukun is serving Real Estate, Housing Finance, Insurance, Construction, and Retail companies that together make home remodeling possible for the homeowners/buyers. Visit www.mykukun.com.

Contacts

Jennifer Buonantony

jennifer@presspassla.com

Phone: +1 323 496-1976