Pinterest, Houzz, Facebook, Twitter — each and every day I see amazing home transformations that delight and inspire. I’m constantly in awe of the skill and craftsmanship behind these remodeling projects. And, while smaller scale projects are suitable for ambitious DIYers, there’s something to be said for hiring a professional remodeler and getting the job done right.
Both the National Association of Home Builders (NAHB) and National Association of the Remodeling Industry (NARI) issue a rally cry during the month of May to recognize the work of professional remodelers and encourage homeowners to tackle a long-awaited renovation or needed repair.
Coined “National Home Remodeling Month,” both NAHB and NARI seek to highlight this key component of the building industry and help remodelers shine and boost their bottom line.
To launch the month NAHB recently announced the most common remodeling projects completed in 2017 and the winner is, the Bathroom Remodel! The results of its annual remodeler survey show bathrooms edged out kitchen remodels as the most often updated areas completed last year. This is a switch from 2016 when kitchens came out on top.
The survey also noted green upgrades were on the rise. NAHB reports energy efficiency and healthy home improvements continue to rise “as home owners seek to save on utility costs, improve air quality and increase the value of their homes.”
Also, this is a great time for remodelers to revisit the annual Cost vs. Value Report published by Hanley Wood and share this valuable information with their customers. The report outlines the remodeling projects that result in the greatest return on investment. For example, here’s a rundown of the top five projects from the most recent report:
|Type of Project||Return on Investment|
|Garage Door Replacement||98.3%|
|Manufactured Stone Veneer||97.1%|
|Deck Addition (Wood)||82.8%|
|Minor Kitchen Remodel||81.1%|
|Vinyl Siding Replacement||76.7%|
Overall, remodelers bring curb appeal, comfort and value to our homes and that’s certainly something to honor and recognize during the month of May. Do you have an interesting remodeling project currently underway? If so, share you story here!
Originally published in 2014, this article has been updated to reflect the latest research and home improvement trends.
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Plus, 6 suggestions for homeowners that want to green their kitchen remodel and knock out curb appeal and improved efficiency with this (high yielding ROI) upgrade.