If you’re considering a home renovation project, you aren’t alone. 2022 has been a big year for home improvements as the Mid-Atlantic housing market continues to be tight and homeowners are opting to remodel rather than relocate.
Remodel or renovate
Making changes to your home can fall into two categories: renovation or remodel. When you are looking to hire a contractor its best to use the right terminology.
A renovation applies to making an update or design change to your home, while a remodel means the project will aim to alter how the space functions.
The National Kitchen and Bath Association shared these key insights when it comes to the home remodeling industry:
- Homeowners are moving forward with large-scale renovations even completing several projects simultaneously.
- Product and labor shortages have increased the completion schedules and caused delays for home renovation projects.
The pandemic has altered the way homeowners use the space inside and outside their homes driving many to remodel to keep up! Here are some of the top trending home renovation and remodeling projects and when you should consider getting them done.
1- Home Office
As more of us work from home, it’s no surprise that one of the most popular renovation projects is the home office, according to the National Association of Realtors/National Association of Remodeling Industry. Contractors are eager for interior projects during the winter. Considering planning out your new office in the summer and shopping around for the perfect contractor.
Creating spa bathrooms is a great renovation project with a high return on investment. Supply chain issues plague this renovation project increasing the cost of the job and the length of time it takes to get it done. Bathroom remodels that don’t require moving the toilet, sink or tub are less expensive than those that add new plumbing hook ups. Waiting until spring or summer for a bathroom remodel may help in keeping down costs as the busiest time for interior renovation is fall when homeowners are looking to debut their project for the holiday season. As with all post-Covid renovations, fold in extra months to account for materials and supply chain issues.
3- Outdoor entertainment
Homeowners are continuing with the desire to expand their entertaining space to the outdoors. Outdoor living spaces continue to track high as one of the most desirable renovation projects. Lumber pricing is affecting the cost of many home improvement projects. The popularity of outdoor projects is also creating a backlog so homeowners may have to consider several contractors to find one that with capacity.
4- Window replacement
Large, energy-efficient windows can add natural light and make a home’s interior space seem larger. Working with a window replacement company like Thompson Creek means you won’t have to worry about product availability since Thompson Creek custom makes the windows for your home and does it from their local facility. While typically not considered “window season”, winter can be a great time to get your window replacement job done and enjoy immediate energy efficiency!
If you don’t mind having contractors side-by-side with Santa, the holidays can be a great time to get an interior job like a new kitchen completed. Current supply issues might mean planning for that kitchen remodel this summer to make sure you have the appliances you want timed for your project.
When should you remodel your home?
After determining your budget, your timeline and your scope of your project, take a look at the best times to embark on your remodeling project. Flexibility in your timing may help keep costs down. If your renovation/remodeling project includes exterior improvements to your home or a bathroom upgrade, the experts at Thompson Creek can help. In as little as a day we can completely transform your old bathtub or shower into a new space. And, because there is no middleman, Thompson Creek can have your windows design and installed expertly! Call us today for a free estimate!
With high-quality materials and expert installation, both sliding and French patio doors are exceptional options and will add value to your home. Call a Thompson Creek expert to help you plan your highly customizable sunroom or patio door and start utilizing your indoor-outdoor living space to its full potential. Contact a Thompson Creek professional to get a free estimate on your sunroom or patio project, and help you plan and execute your vision.