Survey: Bath and Kitchen Projects Are Tops for Home RemodelingMay 12, 2016
Thinking about doing some remodeling work in your home this year? It’s probably the bathroom or kitchen that you’re most interested in.
According to a recent survey by the National Association of Home Builders, those are the top two home remodeling projects. While these two have been tops for quite some time now, this year the share of contractors and remodelers reporting kitchen and bathroom remodels as their most common jobs for 2015 was the highest it has been since the inception of the Remodeling Market Index survey in 2001.
As a custom home builder in Ocala, we at Luetgert Development enjoy sharing the latest trends and news related to home construction and remodeling with our clients and readers of this blog. As a company that does both new home construction and home remodeling, we are happy to help you with these type jobs and more.
Top Five Projects
Bathroom remodeling projects were tops at 81 percent, followed closely behind by kitchen remodeling at 79 percent. Whole house remodeling was third with 49 percent, followed by room additions at 47 percent. Window and door replacements fell to 36 percent of the most common work in 2015, down from 45 percent a year earlier. Interestingly, the percentage of room additions is the highest it’s been since 2005. Likewise, the percentage of whole house remodeling jumped from 43 percent in 2014 to 49 percent in 2015.
Reasons for Remodeling
The desire for better and newer amenities in the kitchen and bathroom drove the increase in remodeling work, according to the survey. That was the first most cited reason for remodeling. The second reason stated was the need to replace and repair older fixtures and work. Improvements to these rooms could mean any number of things, from new flooring and new countertops in the kitchen to new cabinetry and new fixtures in the bath.
Remodel Rather Than Move
With home prices on the rise due to a national shortage of homes for sale, many of today’s homeowners are turning to remodeling, according to the NAHB. Either homeowners want to remodel so they can get top dollar for their home when they sell, or they are choosing to remodel and stay where they are rather than buy a home.
As a custom home builder, we can’t help but offer another solution to the shortage of existing homes available for purchase. Consider building the custom home of your dreams. Why keep searching around for the perfect home, when you can have a custom home built just the way you want it? We will work with you to make sure it’s all you ever wanted in a home.
We hope you have enjoyed this article. If you have a question about this article or about our home building process, contact us today.