The Overlooked Essential in Home Renovations: Consulting an Arborist
Residential Contractor Magazine
by angelica@builder.media
2w ago
When planning your home renovations, don’t forget to consult an arborist. Trees need careful consideration before, during, and after construction to stay healthy and unharmed. Lee Rouse, Bayou Tree Service’s Baton Rouge branch manager, emphasizes the importance of protecting tree roots, which are often shallow and extend widely. Whether you’re adding a pool, irrigation system, or driveway, an arborist can advise on safeguarding these vital assets that contribute significantly to property value and enjoyment. According to In Register, trees offer unmatched aesthetic benefits — but they’re not e ..read more
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How Much Does A Home Renovation Cost In 2024?
Residential Contractor Magazine
by angelica@builder.media
2w ago
Home renovation costs vary widely, spanning from $1,200 to $82,000, with an average expenditure of $41,600. It’s important to note that this average includes high-end projects involving demolition, new plumbing fixtures, and other costly additions. For those renovating small-to-medium-sized homes, expenses typically cap around $62,000, even for more complex projects. According to Forbes, after hiring an architect and a structural engineer to completely redesign a home’s floor plan, the next step is typically a gut renovation. This starts with a thorough demolition, leaving just the studs and f ..read more
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Though Lumber is Inexpensive, Home Building and Renovation Costs Remain High
Residential Contractor Magazine
by angelica@builder.media
2w ago
During the early stages of the pandemic, prices skyrocketed for nearly all home-related items. Now, with people resuming normal activities, high interest rates, and improved supply chains, lumber prices have returned to more reasonable levels. According to Marketplace, people stuck at home started spending money on their homes, which drove up the price of construction materials, especially lumber. Plus, people moved to new places where they could work from home, so new home construction shot up, adding even more demand. However, all the other stuff that goes into homebuilding and renovation ha ..read more
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Home Renovations Are Booming
Residential Contractor Magazine
by angelica@builder.media
2w ago
Renovation spending reached its peak in 2023 and continues to surpass pre-Covid levels. Homeowners are reluctant to relinquish their low-rate mortgages, and fewer are renovating with the intention to sell their homes. According to Bloomberg, during the initial phase of the pandemic, historically low loan rates drove increased home sales and spending on renovations across the United States. With interest rates now on the rise, more homeowners are opting to stay in place, yet they continue to invest heavily in enhancements such as bathroom renovations and landscaping upgrades, maintaining near ..read more
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Renovating This Room: The Most Intimidating Challenge
Residential Contractor Magazine
by angelica@builder.media
2w ago
The Joint Center for Housing Studies at Harvard University reported that spending on home improvement projects rose from $328 billion in 2019 to $472 billion in 2022, and is projected to reach $485 billion by 2024. According to City Business, of the 31% who haven’t attempted to remodel aspects of their home on their own, nearly half admit their fear got the best of them. They avoid even the attempt at renovations in case they might mess their home up. Other homeowners believe they need more skills than they have, or just don’t know where to start on the projects. But that doesn’t mean American ..read more
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A Round and Around Home Renovation
Residential Contractor Magazine
by angelica@builder.media
2w ago
When you open a book, words swirl through your mind. Opening a window, cars and trains rush between cities. These actions seamlessly blend the indoors and outdoors. In a world trending towards non-ownership, this architect’s home was designed amidst cherished items gathered over time, each carrying a piece of his past self. According to Arch Daily, the site is located in a densely populated residential area at the foot of Tokyo Skytree. Despite being just a room in an apartment complex, its location allows for a direct experience of urban dynamics, as a main road passes right in front of the b ..read more
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12 Home Trends Set to Dominate Soon
Residential Contractor Magazine
by angelica@builder.media
3w ago
If you’re considering refreshing your home’s appearance, keeping up with current trends is a great starting point. Fortunately, the home design realm has been dynamic lately, offering ample opportunities for personalized style, nods to vintage trends, and luxurious fixtures featuring bold colors, mixed metal finishes, and ultra-durable designs. According to Forbes, it feels important to start any home decor trend roundup with the biggest overall trend we’re seeing—people designing their homes based largely on their personal tastes and lifestyles. Nearly everyone we consulted with mentione ..read more
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Power Home Remodeling Expands into Fort Lauderdale and Las Vegas
Residential Contractor Magazine
by angelica@builder.media
3w ago
Fort Lauderdale marks POWER’s second presence in Florida, following its 2017 debut in Tampa. The company has secured a 34,203 square-foot lease at Sawgrass Technology Park, located at 1637 NW 136th Avenue, featuring a warehouse space spanning 10,050 square feet. Residents in Broward, Miami-Dade, and Palm Beach counties can anticipate a range of products, including impact windows and hurricane-resistant roofing systems. According to Business Wire, Greg Wilson, Vice President of Customer Development; KC Kyle, Vice President of Sales; and Trevor Perryman, Vice President of Installation Services w ..read more
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Must-See Home Remodeling Trends for 2024
Residential Contractor Magazine
by angelica@builder.media
3w ago
If you’re thinking about renovations (or simply enjoy staying informed), you’ll be excited to learn that Houzz has just unveiled their most comprehensive home renovation and design report of the year. The 2024 U.S. Houzz & Home Study incorporates insights from a survey of over 30,000 registered Houzz users, highlighting statistics from 2023 renovation projects that will shape trends in 2024. According to Real Simple, many people love to point out how the tough economy is forcing them to cut back on spending in many areas of life—except during home renovations. According to Houzz, renovatio ..read more
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2024 Renovation Trends: Our Comprehensive Report
Residential Contractor Magazine
by angelica@builder.media
3w ago
In the first quarter of 2024, homeowners invested $463 billion in home renovations. Projections suggest that home renovation spending will decrease by $12 billion in the first quarter of 2025. According to USA Today, despite home renovation statistics and spending trends signaling a pending decline post-pandemic, many homeowners plan to invest in their home. The home renovation industry has quickly surpassed the $400 billion threshold within the last two years, according to reports from the Joint Center for Housing Studies of Harvard University (JCHS) Leading Indicator of Remodeling Activity ..read more
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