Home owners are taking on larger remodeling projects, according to a survey conducted by the National Association of Home Builders Remodelers, an arm of the NAHB.
"While bathroom and kitchen remodels remain the most common renovations, basements, whole house remodels and both large and small scale additions are returning to levels not seen since prior to the downturn," said 2016 NAHB Remodelers Chair Tim Shigley, CAPS, CGP, GMB, GMR, a remodeler from Wichita, Kan.
Remodelers report some projects have seen notable increases since 2013: whole house remodels rose by 10 percent; room additions rose by 12 percent; finished basements increased by 8 percent; and bathroom additions jumped 7 percent.
Bathrooms have topped the list of most common remodeling jobs since 2010 in the survey. Eighty one percent of remodelers report taking on a bathroom remodeling project. Seventy nine percent report taking on a kitchen remodel.
The following were the most common remodeling jobs in 2015, according to NAHB’s Remodeling Market Index Survey:
Bathroom remodeling: 81% of remodelers reported job as common
Kitchen remodeling: 79%
Whole house remodeling: 49%
Room additions: 47%
Windows/door replacement: 36%
Finished basement: 30%
Bathroom additions: 28%
Repairing property damage: 27%
Handyman services: 20%
Second story additions: 17%
Enclosed/added garage: 16%
Enclosed/added porch: 16%
Historic preservation: 10%
Finished attic: 4%
Source: “Kitchen and Bath Remodeling More Common Than Ever in 2015,” National Association of Home Builders’ Eye on Housing (May 3, 2016)
Author:Salvatore Defrisco Phone: 561-644-0052 Dated: May 5th 2016 Views: 193 About Salvatore: ...
View our latest blog posts in your RSS reader. Click here to access.
We are a full service real estate brokerage with over 100 agents to serve you. Let us be your real estate resource. Regardless whether you need to buy or sell now, or sometime in the future, let us help you. We are no pressure and will always try and help. Contact us at 561-792-3948 now.
"Tue, May 17, 2016
Just wanted to take a moment to recommend an outstanding real estate agent. About a year ago my wife and I looked into buying a new house. We looked at exit realty's website and the next morning we received a call from Joseph Schneider. He is a true professional with an outstanding personality he will instantly make you feel welcome as if you're working with a longtime friend. My wife had unusual requests for the property and Joseph listened and found the property meeting all our needs. He is patient and knowledgeable I would recommend him to all. We purchased our new home in August and since then Joseph has remained in contact, just checking in from time to time. You can look but I doubt you will find a better agent !"