There is no need to spend your holidays in the same boring and dull living room! What about remodeling? Although remodeling a home can be daunting but it can be fun if you have some interest in the interior, colors, and trending designs. There are a lot of factors to consider, including the budget, timeline, and what areas of your home need the most attention. But don’t worry, we’re here to help.
Before that, let’s dig into some valuable information you might be interested in related to making over your house.
Difference between Home Renovations & Home Remodeling:
What is Home Renovation?
What is Home Remodeling?
The Most Popular Areas To Remodel During Home Renovations
We’ve compiled a list of the most popular areas to remodel during a home renovation. Whether you’re looking to update your kitchen or bathroom or just want to freshen up your home’s style, these are the areas you should focus on.
The kitchen is a house hub, and one of the most popular areas to remodel whenever you wish to see a change in your house. It’s also one of the most expensive areas, so be sure to set a budget and stick to it. It also matters if you are remodeling it to sell, or just to experience a new look of your kitchen, so plan accordingly. For selling purposes, dont add too much personal touch but do consider new appliances, countertops, cabinets, and flooring.
The bathroom is another popular area to remodel and worth spending the money on. Like the kitchen, it can be expensive, so again, be sure to set a budget. Don’t forget new fixtures, flooring, and storage options when remodeling your bathroom.
3. Living room:
The living room is a great place to start if you want to freshen up your home’s style. Consider new furniture, window treatments, and flooring. You can also add some personal touches with photos and artwork.
The bedroom is a great place to focus on if you’re looking for a more relaxing space. Add new and stylish bedding, modern furniture, and trending window sets. Don’t hesitate to create a personal corner either for reading or for personal grooming, or maybe for your favorite game with your partner.
5. Outdoor living space:
If you have an outdoor living space like a deck or patio, focus on that area when remodeling your home. This is a great place to add furniture, storage, and plants to create a space you’ll love spending time in.
Some Home Improvement Industry Statistics:
- In 2021, American consumers spent $538 billion at home improvement stores.
- Over half of American homes—59%—were constructed prior to 1980.
- In 2020, 76 percent of American homeowners completed a project to improve their homes.
- In 2021, the renovation sector in the US generated $1.1 billion in sales.
- From 2021 to 2027, the U.S. home renovation market is anticipated to grow at a CAGR of 4.1 percent.
- According to a survey, painting home interiors, remodeling bathrooms, and installing smart devices in homes remain the most popular projects in the remodeling industry in 2021.
Overview Of The Home Improvement Industry
|Market Size in 2020||$762 billion|
|2021-2027 Growth Rate||4.3%|
|Spent On Home Improvement Per Home||$7,560|
|Avg. Cost Of A Home Remodel||$15,000 to $200,000|
|U.S. Home Remodeling Market Size||$340+ billion|
|Projected U.S. Home Improvement Sales In 2024||$510 billion|
|U.S. Home Center Sales||$297.9 billion|
|U.S. Hardware Store Sales||$61.8 billion|
By incorporating your own taste in interior and home decor you may make your home one-of-a-kind. Look into the newest renovation trends to find inspiration if you’re unsure of your personal style or how to get the most out of a remodeling project. When you want a change but don’t want to relocate, upgrading your home is the best option.
Pro-Tip: Take your time, consider your priorities, and concentrate on the areas that have always been excellent for remodeling.
If you are doing remodeling to sell your house fast in Georgia, consider selling it to cash home buyers because they never demand repairs or renovations.
Frequently Asked Questions
1- What is the most expensive portion to change during kitchen remodeling?
The kitchen itself is considered an expensive area of a house. Still, if we talk about the most expensive area for remodeling, specifically in the kitchen, it is ‘The Cabinatery Area.’ It costs around $15,000, according to research.
2- What should you never do during remodeling a bathroom?
|Never choose poor-quality material||Never underestimate the power of reno rules|
|Never leave the fan uncleaned||Lack a clear & symmetrical plan|