The residential remodeling industry is rapidly growing as homeowners seek more functional, sustainable and tech-integrated living spaces, with the market projected to hit $129.07 trillion by 2030. This shift goes beyond aesthetics, reflecting new lifestyles like remote work and eco-conscious living, leading to demand for innovations like energy-efficient materials and adaptable home designs. According to Danny’s Dry Wall, “Aging homes and rising property values driven by investors accounting for 14.8% of home purchases in early 2024 are sustaining demand. As budgets recover post-2024, homeowners are investing in remodels that enhance…
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Survey Reveals High Interest in Home Remodeling
According to a nationwide survey conducted by Arlington, Texas-based marketing research and analytics firm Decision Analyst, it was found that 78% of American plan to upgrade their homes over the next 12 months. Decision Analyst surveyed about 1,000 consumers about their home improvement plans as part of its ongoing study of consumer trends. “Despite being squeezed by inflation, many consumers see themselves upgrading or adding to the comfort of their homes over the course of the next year,” said Decision Analyst Executive Vice President Felicia Rogers.“People’s homes are important to…
Read MoreHow Much Does a Kitchen Remodel Cost in 2023? Breaking Down the Numbers
According to the National Association of Realtors’ (NAR) Remodeling Impact Report, two of the top most popular reasons for pursuing a complete kitchen renovation are to add features and improve livability (indicated by 25% of homeowner respondents), and to upgrade worn-out surfaces, finishes and materials (25%); 43% of those polled say the most important result of a renovated kitchen is better functionality and livability. According to The Mortgage Reports, per the NAR Remodeling Impact Report, you can likely expect to recover 75% of your costs (when it’s time to sell…
Read MoreA Passive Case-Study for Generations to Come
Theresa Passive House boasts an array of green/energy efficient qualities By Hanna Heiss Originally built in 1914, the Farmers, Trey and Adrienne have lived in the house since 2011 and dreamt of renovating from day one. In 2015 they started drawing and working on making something happen, for what was to become Theresa Passive House. Trey Farmer is the Owner and Lead Architect of Forge Craft Architecture + Design, a professional architecture firm offering design services with a primary focus on architecture and related tactile arts such as interior architecture,…
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