The bathroom vanities market is on a strong growth trajectory, expected to expand from $10.2 billion in 2021 to $18.4 billion by 2031, reflecting a compound annual growth rate (CAGR) of 5.6%. This increase is driven by a surge in home renovation projects, particularly in urban areas, where homeowners seek stylish and space-efficient solutions. As consumer preferences shift towards high-quality materials and contemporary designs, bathroom vanities have transitioned from mere storage units to essential design elements that enhance both functionality and aesthetics. The rise of urbanization further fuels demand for…
Read MoreAuthor: lindsay@builder.media
Top Carpet Trends for Modern Homes in 2024
As we step into 2024, the role of carpets in interior design is evolving, offering homeowners a way to enhance their living spaces with warmth, texture, and style. This year, key trends include a strong return to earthy tones and natural colors, such as sandy beiges, muted greys, and warm hues like olive green and terracotta. These colors not only create a calming atmosphere but also harmonize beautifully with natural materials like wood and stone. Additionally, sustainability is at the forefront, with an increasing demand for eco-friendly carpets made from…
Read MoreNew Home Remodeling Showroom in Chicago Coming Winter 2024
Revive Renovations, a leading Chicago-based home remodeling company, is thrilled to announce the groundbreaking of a new showroom on the Northside of Chicago, set to open in Winter 2024. This state-of-the-art facility will provide a hands-on experience for homeowners, showcasing the latest trends and innovative solutions in home renovation. The new showroom will complement Revive’s existing location in Morton Grove, expanding their reach and solidifying their reputation as a top-tier service provider in the competitive remodeling market. The Northside showroom will serve as a central hub for consultations, allowing clients…
Read MoreJBREC Has Released its Quarterly Remodeler Survey
The US Remodeler Survey, a collaborative effort between John Burns Research and Consulting and SOLA Group Inc. (the parent company of Qualified Remodeler Magazine), offers critical insights into the health of the professional remodeling segment within the residential repair and remodeling industry. This quarterly survey provides remodelers with comprehensive data on current market conditions, enabling them to evaluate industry performance based on feedback from hundreds of professional remodelers. With its focus on qualitative and quantitative data, the survey equips industry professionals to identify emerging opportunities and make informed decisions. Included…
Read More300-Year-Old Harvard House Undergoes Renovations
The historic Wadsworth House, the second-oldest building on Harvard’s campus, is currently undergoing significant renovations aimed at enhancing accessibility while preserving its historical integrity. Originally constructed in 1726 as a residence for Harvard presidents, the building now serves various administrative functions, including housing the Marshal’s Office. The renovations, led by architecture firm Perry & Radford and Consigli Construction, began shortly after Commencement and are expected to be completed by August 2026, in time for the building’s tercentenary celebration. Key improvements will include a wheelchair lift between the first and second…
Read MoreElection-Year Effect on Home Improvement Costs Forecast
As the U.S. presidential election approaches, Michael Neal, president of AAA Distributor, predicts significant changes in the home improvement landscape. With economic uncertainty driving consumer behavior, homeowners are leaning towards smaller renovation projects while awaiting more favorable market conditions. Neal notes that although inflation and interest rates have contributed to a challenging environment, the underlying demand for home renovations remains robust. He anticipates that post-election, as interest rates decline, there will be a resurgence in larger projects, potentially revitalizing the remodeling sector by mid-2025. Neal highlights that recent trends indicate…
Read MoreLate-70s Gold Nugget Home in Colorado Redesigned With Contemporary Twist
A late 1970s traditional ranch home in Bow Mar has undergone a stunning transformation into a contemporary family haven, thanks to the vision of KGA’s Paul Mahony and the craftsmanship of Harko Construction. Originally featuring sunken rooms, a closed kitchen, and outdated aesthetics, the home now boasts an inviting open floor plan that maximizes space and connectivity. By relocating the original fireplace and introducing oversized sliding glass doors, the design team created seamless transitions between indoor and outdoor living, allowing natural light to flood the space and providing expansive views…
Read More2024 NAHB Gold Award Winner: Charleston Model Home by Schumacher Homes
The Charleston Model Home is a prime example of the New American Tradition that beautifully balances elegance and functionality. This split-bedroom ranch features four spacious bedrooms and two and a half baths, with a layout that enhances its perceived size, making it feel larger than its actual square footage. The exterior of the Charleston immediately impresses with its distinctive multiple rooflines, offering exceptional curb appeal that sets it apart in any neighborhood. Inside, the Charleston excels with several standout features designed for modern living. The home boasts a generous 12′…
Read MoreTop 9 Renovations to Increase Home Value in 2024
Several renovation projects are proving to offer high returns on investment for homeowners. According to recent insights, boosting curb appeal remains a top priority, with updates such as replacing garage doors, refreshing siding, and enhancing landscaping yielding substantial ROI. Additionally, creating a more functional floor plan by expanding or modifying living spaces is highly recommended. Features like large bathrooms, open kitchen layouts, and walk-in closets are increasingly in demand. Upgrades to luxurious bathrooms and kitchens, which are central to a home’s appeal, also promise significant value increases. Other high-impact renovations…
Read MoreRemodeling Spending Stabilizes: What Contractors Need to Know for 2024 and Beyond
According to the latest Leading Indicator of Remodeling Activity (LIRA) report from Harvard University’s Remodeling Futures Program, homeowner spending on renovations and repairs is expected to stabilize and slightly increase through mid-2025. Despite a recent downturn, annual spending is projected to decrease by only 0.5% from $468 billion in Q2 2024 to $466 billion in Q2 2025. Economic uncertainty and a weaker housing market have dampened renovation activity, but the pace of spending is expected to recover to a more sustainable level following the pandemic-induced surge. For residential contractors, this…
Read More