Trends in Home Renovation
Home remodeling today is a $233 billion business, a significant 50% increase from 10 years ago. Of that figure, kitchen renovation represents $13.5 billion and bathroom improvement $10.5 billion. Over the last 10 years, 30 million homes have undergone major renovations.
Today's buyer expects more than the buyer of a decade ago. The simple "colonial with a fireplace" request has disappeared. Our technologically changed world dictates different needs and the desires of the public is fueled by what they see and what they can afford. Expectations of two-income families is primed by exquisitly appointed development models in every-expanding suburban sprawl and the constant barrage of "what's new and what's hot" by magazines, radio, television and the internet.
The stuffy formal living room is now replaced by a more casual family room/kitchen, where both family and guests are entertained. The move is toward more upscale appliances - professional-type stoves, ovens, warming drawers, beverage/wine refrigerators, drawer refrigerators, etc. - surrounded by gleaming granite.
Convenience dictates a bathroom for each bedroom. No more waiting in our "hurry up" world.
A media room is not just for the wealthy. Plush seating, surround sound, and projection screen with your latest movie request makes the trek to the theater obsolete. The buttery popcorn is just a microwave away.
Custom closets can compete with any retail store display.
The clutter busters are now tackling the last frontier - the garage. A coated (and maybe heated) floor, insulated doors, painted walls and ceiling, roomy cabinets, shelving and racks can transform that dusty environment into a ritzy space for garden tools, skates, bikes and cars.
Decks are now stain and splinter free. Beautiful composites allow more time for fun and less time for upkeep. A more fitting backdrop for the outdoor grill and outdoor furniture.
Walkways, driveways and patios are now paved to evoke the look of European courtyards.
Bathrooms can be equipted with warming drawers for towels and robes, messaging shower heads, and bidets as well as the more usual messaging tubs.
The ability to work from home has created the need for dual office space for many.
What tomorrow's needs will dictate we can only imagine. For now all the rules of yesterday have changed in a world where walls have tumbled down and the roads beyond stretch far and wide.
Home remodeling today is a $233 billion business, a significant 50% increase from 10 years ago. Of that figure, kitchen renovation represents $13.5 billion and bathroom improvement $10.5 billion. Over the last 10 years, 30 million homes have undergone major renovations.
Today's buyer expects more than the buyer of a decade ago. The simple "colonial with a fireplace" request has disappeared. Our technologically changed world dictates different needs and the desires of the public is fueled by what they see and what they can afford. Expectations of two-income families is primed by exquisitly appointed development models in every-expanding suburban sprawl and the constant barrage of "what's new and what's hot" by magazines, radio, television and the internet.
The stuffy formal living room is now replaced by a more casual family room/kitchen, where both family and guests are entertained. The move is toward more upscale appliances - professional-type stoves, ovens, warming drawers, beverage/wine refrigerators, drawer refrigerators, etc. - surrounded by gleaming granite.
Convenience dictates a bathroom for each bedroom. No more waiting in our "hurry up" world.
A media room is not just for the wealthy. Plush seating, surround sound, and projection screen with your latest movie request makes the trek to the theater obsolete. The buttery popcorn is just a microwave away.
Custom closets can compete with any retail store display.
The clutter busters are now tackling the last frontier - the garage. A coated (and maybe heated) floor, insulated doors, painted walls and ceiling, roomy cabinets, shelving and racks can transform that dusty environment into a ritzy space for garden tools, skates, bikes and cars.
Decks are now stain and splinter free. Beautiful composites allow more time for fun and less time for upkeep. A more fitting backdrop for the outdoor grill and outdoor furniture.
Walkways, driveways and patios are now paved to evoke the look of European courtyards.
Bathrooms can be equipted with warming drawers for towels and robes, messaging shower heads, and bidets as well as the more usual messaging tubs.
The ability to work from home has created the need for dual office space for many.
What tomorrow's needs will dictate we can only imagine. For now all the rules of yesterday have changed in a world where walls have tumbled down and the roads beyond stretch far and wide.
posted by Helene Ashukian at
5:43 PM
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