In the area of upstate New York, resident Dason Motayne feels the affects of his straining air conditioning unit as the summer heat outcompete’s the mid-century apartment’s system. “I think [my AC] is about to die,” he said. “It’s an old building, so it’s hard to regulate it in the summertime.” According to AccessWire, That old building – the 418 Fabius senior public housing complex in Syracuse, New York – is far from unique. It was built in the 1950s, a time when the U.S. government authorized a huge influx of some…
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Building Material Prices Remain Relatively Unchanged in May
According to the most recent producer price index (PPI) report published by the U.S. Bureau of Labor Statistics, inputs to residential construction, goods less food and energy, fell 0.09% over the month. This was the first decrease in the index since October of last year. While the index fell over the month, it was 2.91% higher than May of last year. According to Eye On Housing, The seasonally adjusted PPI for final demand goods decreased 0.78% in May, after increasing a revised 0.41% in April. This was the largest decrease…
Read MoreSnapshot: Q1 Home Repairs And Remodeling
The cost of home repairs and remodeling in Q1 of 2024 continued to increase, rising by 0.59% from the prior quarter, and just over 4% from the first quarter of 2023, according to the findings in the Q1 2024 Verisk Remodel Index. Setting a new high for the past decade, costs have risen approximately 61% from Q1 of 2014. “Repair costs rose in each of the 31 categories of home repair that are included in our Index, but the rate of increase continues to be slow down from the more…
Read MoreUnwilling to Sell, Many Homeowners Remodel Instead
The home remodeling market is continuing to be fueled by homeowners choosing to remain in their current homes as their mortgage rates are too good to give up in today’s real estate landscape. U.S. News & World Report ran a nationwide study of 1,202 homeowners between May 23 and 30 who are undergoing home improvement projects. This study was conducted through PureSpectrum. Homeowners were asked a series of questions about their renovations, including how they plan on paying for them and why they’re deciding to make improvements to their home.…
Read MoreRenovation Pro Says Former ‘Luxury’ Is Now a ‘Necessity’ To Boost Home Value Amongst Clients
Reborn Renovations Co-Owner Danielle Mathews shared the renovations that buyers are looking for the most this year, covering everything from smart home technology to outdoor transformations. The implementation of smart home technology is becoming increasingly important to renovation clients. “The integration of smart home technology in your property is no longer a luxury, it’s now a necessity,” she said. From voice-controlled assistants, automated lighting, and climate control systems, these systems are becoming a top priority amongst others. According to The U.S. Sun, Mathews also shared, that open concepts make the…
Read MoreAI Kitchen Remodel: How Artificial Intelligence is Revolutionizing Kitchen Design
Revolutionizing various industries, artificial intelligence (AI) technology is making its way into the kitchen in the form of remodeling. In such a remodel, AI is incorporated into various kitchen appliances and devices to make cooking and meal preparation more efficient, convenient and enjoyable, transforming the way we cook and interact with our kitchens. According to The Fordham Ram, Artificial intelligence (AI) has revolutionized the way people remodel their homes. AI technology has made it possible to design and remodel homes with greater precision and efficiency. AI-powered software can analyze a…
Read MoreGen X Takes the Lead: Study Shows They’re Spending Top Dollar on Home Renovations
Gen Xers outspend baby boomers on renovations, as revealed in a new study by Houzz representing the home improvement market. The average Gen Xer spent $25,000 on home renovations in 2023, compared to the $24,000 and $20,000 spent by baby boomers and millennials, according to the report. Gen X tops out at $180,000 compared to boomers’ $131,000 and millennials’ $148,000, when looking at the top 10% of spenders in each group. According to Hastings Tribune, Metrics typically define Generation X as individuals born from 1965 to 1980, which puts them…
Read MoreIs Wall-to-Wall Carpeting Coming Back in Style?
Among the debatable design topics are wall-to-wall carpeting. And whether you’re for or against this controversial trend, there has been a noticeable uptick reported in designs with this floor treatment. Four designers were surveyed The Spruce to find out the status of this trend and overall feelings towards it, and the answers were surprising. According to Microsoft Start, Designers are often able to get a pulse on the popularity of design choices based on what their clients are requesting. Three of the designers we surveyed have noticed their clients asking for…
Read MoreHow to Renovate a Historic Home and Keep Its Character
Achieving what some see to be impossible, two Chicago designers, Kelsey Haywood and Denise Hauser, recently undertook a gut renovation of a historic 1890s Queen Anne-style home. The clients, akin to mid-century modern aesthetics and vintage furnishings, also wanted to give a nod to the home’s Victorian roots. The two designers were able to bring their clients’ unique style and taste to the home while also keeping true to the home’s original details and character. “Original doors were repurposed, window mullions replicated (existing locations intact demanded by the Evanston Historical…
Read MoreMeticulous Renovations Enhance Central Beach Pool Home
Jill and Eric Kalin wanted to create a home where their children could visit comfortably. Now encompassing what they envisioned, the two-story Vero Beach Estates subdivision home’s solid, green double doors open to an elegant, modern floorplan. The Kalins leaned into California contemporary, shares Jill, who was able to complement clean lines and a white palette with rich woods and a variety of dynamic tiles to add warmth to the home and create an overall casual, yet curated style that doesn’t detract from the indoor/outdoor lifestyle. According to Vero News,…
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