This roughly 100-year-old residence experienced a fire as a result of one deteriorated brick in one of the original fireplaces. The whole house was deluged with water; extensive internal damage needed to be carefully restored along with correcting some unfortunate prior renovations. Read More
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Home Remodeling Statistics and Trends of 2024
Eco-home remodeling effectively achieves a range of global goals, like addressing climate change, creating sustainable and thriving communities, and driving economic growth. Sure, these sound grandiose, but homeowners also have immediate advantages, such as reduced energy bills, tax deductions, and saving the planet, according to Zenith. Read more
Read MoreNKBA’s VFTI Conference at KBIS 2025 offers a powerful array of CEU-qualified learning sessions.
Subject Matter Experts will conduct more than 70 sessions for the upcoming edition, Feb. 25 to 27 at the Las Vegas Convention Center. Seminars and workshops are organized into six tracks: Building & Remodeling, Design, Hot Topics, K&B Trends, Leadership & Management, and Marketing. KBIS attendees may purchase a package including the Expo pass plus a conference pass for all on-site VFTI presentations and unlimited access to on-demand sessions throughout 2025. All sessions are CEU-qualified. Read More
Read MoreRemodel of the Week: 2024 National/Regional CotY Award Winner, Residential Kitchen $150,000 to $200,000
Blending the historic home’s 1918 charm with features designed to meet the needs of contemporary living, this newly renovated kitchen by Val Collective includes premium marble countertops, a cozy butler’s pantry, multiple islands, and sleek gold fixtures. Home to an active family of four, Val Collective took advantage of the open floor plan to create a bespoke communal space that elegantly accommodates both dining and storage. Read more
Read More10 Cities Where Homeowners Are Taking Out Loans of Over $100K for Home Renovations
A recent SmartAsset study revealed a surge in six-figure home renovation loans across several U.S. cities, with homeowners leveraging significant equity to enhance property value. According to GoBankingRates, in markets like San Jose and San Francisco, homeowners are browning up to $205,000 for upgrades. Other metro areas such as New York City, Los Angeles and Washington D.C. are reporting loan amounts from $105,000 to $125,000. Read More
Read MoreTrends in Design and Renovation: A Comparative Study Among Homeowners and Architects
A national survey conducted by brick company, Glen-Gery, involving 1,500 homeowners and 500 architects highlights the most popular design trends of the year — earth tones, warm minimalism, quiet luxury and traditional design with a modern twist. As reported by Glen-Gery, both architects and homeowners showed a strong preference for sustainable design, underscoring the importance of environmentally friendly practices in new construction and renovation. Read More
Read MoreA Turn to Growth Expected for Residential Remodeling
After a modest decline, residential remodeling and repair spending is set to rebound by mid-2025, according to Harvard University’s Joint Center for Housing Studies. The Leading Indicator of Remodeling Activity (LIRA) projects a 1.2% increase in annual renovation expenditures, with spending rising from $472 billion this year to $477 billion by the third quarter of next year. This forecast signals renewed momentum in the remodeling sector following a slight downturn, with spending levels expected to approach previous peak figures. Read More
Read MoreMaximize Spring ROI: Top 5 Remodeling Projects for 2024
Spring offers an ideal opportunity for homeowners to enhance their living spaces with high-ROI remodeling projects. According to Westlake Royal Building Products, the top five projects to consider this season include kitchen and bathroom updates, stone veneer installation, new windows, siding replacement, and decking upgrades. Minor renovations in kitchens and bathrooms, such as updating hardware or adding decorative trim, can yield impressive returns—96.1% for kitchens and 73.7% for bathrooms. For a more substantial impact, stone veneer, with its ability to add texture and character, offers a remarkable 153.2% ROI and…
Read MoreWhat Remodeling Contractors Need to Know for 2024-2030
The U.S. residential remodeling market, valued at approximately $527.36 billion in 2023, is expected to expand at a compound annual growth rate (CAGR) of 4.6% through 2030. This growth is driven by rising homeowner demand for aesthetically appealing and technologically advanced interiors and exteriors. Increased disposable income and the popularity of home automation and smart appliances are also contributing to this trend. Contractors should note the growing emphasis on integrating smart systems and advanced materials, as well as the heightened demand for specialized services, such as concrete and masonry or…
Read MoreUse of Stone Materials in Remodel Projects Seeing Uptick
The global stone flooring market, valued at approximately USD 12.8 billion in 2023, is poised for significant growth, with an anticipated CAGR of over 5.7% from 2024 to 2032. This expansion is driven by rising demand for high-quality, aesthetically pleasing, and durable flooring solutions in both residential and commercial spaces. Luxury stones like marble and granite are particularly sought after due to their elegance, longevity, and eco-friendly attributes, making them popular choices for upscale homes and new construction projects. The increasing preference for sustainable and high-end materials, coupled with ongoing…
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