“Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing processes. By implementing these practical strategies, contractors can optimize their resources, enhance project efficiency and maintain high standards of quality.” Read more
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Newsletters from/for Bytes Newsletters
What’s the Best Time of Year to Renovate?
“Weather, cost, holidays and work come into play when thinking about the best time of year to complete a home renovation project.” In this article RenoFi weighs the pros and cons for home remodels for each season. Read more
Read MoreU.S. Home Improvement Analysis Report 2024: A $615.58 Billion Market by 2029, Fueled by Rising Demand for Personalization and Customization, & Smart Home Technology Integration
The U.S. Home Improvement Market is projected to reach $615 billion by 2029, rising at a CAGR of 2.78%. Dominating the market is the South region, with its rapid population growth, numerous single-family home builds, and warm climate. Homeowners in this region are more likely to invest in a variety of outdoor features, including pools, gardens, and patios, as well as energy-efficient home systems that create ease and improve security. Read more
Read MoreNavigating Regulations and Permits: Top Five Tips for Remodelers
NARI reports that remodelers who want to streamline their processes and create better experiences for homeowners should follow these five tips: understand local requirements; obtain necessary permits; acquire licensing and insurance; consider lead safety regulations; and stay informed about regulations. Read more
Read MoreBernie Marcus, Home Depot Co-Founder Who Pledged to Give Away His Billions, Has Died
It was in 1978 when Bernie Marcus and Arthur Blank were both fired from Handy Dan, a home improvement chain, that set Marcus and Blank off on the lightning-speed path to founding Home Depot only one year later. The idea was to gather all home-improvement needs under one expansive roof. By 1990, Home Depot was the largest home improvement chain in America. NPR reports that Marcus died on Monday at the age of 95. Read more
Read MoreMost Homeowners Over Budget on Remodels, Report Finds
According to research from Clever Real Estate, a St. Louis-based real estate company, 2/3 of homeowners who embarked on a home remodeling project have fallen into debt. While some went over budget by $5,000, many more experienced unforeseen challenges, resulting in halted projects and mid-project layoffs. Still, 93% of homeowners say they plan to pursue a major renovation in the future, though more than half may undertake DIY projects to save money. Read more
Read MoreRemodel of the Week: Concord Carpenter Remodels 377 Main Street Concord, MA
NAHB Remodeling award winner W.P.L. Bager House in Concord, Massachusetts, merged modern amenities with its antique charm. Concord Carpenter LLC, the full-service builder and remodeling company behind the redesign, worked with the homeowners who faced significant challenges due to the house’s deteriorating condition and an overwhelming amount of necessary repairs. The design team expanded their original plans from minor updates to a comprehensive $1.3 million renovation that included projects such as unifying floor heights, installation of new plank flooring, and significant kitchen and bathroom remodels, all while persevering the home’s…
Read More30 Bathroom Shower Features and Finishes Pros Love
In Houzz’s latest article on bathroom showers and features, bathroom design experts emphasize the transformation of showers from functional spaces into luxurious retreats. The article also highlights a variety of finishes, fixtures, colors, and materials that not only enhance aesthetic appeal but also prioritize durability and functionality for everyday use. Read More
Read MoreWhat You Need to Know About High-Performance Insulated Glass Packages
According to the National Association of The Remodeling Industry, recent advancements in building products have significantly improved the energy efficiency of windows and doors, particularly through high-performance insulated glass packages like ClimaTech PriME. These new products meet ENERGY STAR’s Most Energy Efficient criteria across all climate zones, making them a selling point for contractors looking to provide clients with energy-efficient upgrades. Read More
Read MoreUnlocking Pro Insights: Decoding Category Dynamics in the Home Improvement Sector
Recent analysis from Datavations highlights some critical insights into the home improvement sector, particularly regarding professional customers, according to the Home Improvement Research Institute. The study identified key trends using their propriety “PROpensity Indexi” revealing that building material; categories such as scaffolding, drywall and bath fixtures are predominantly driven by pro buyers. Seasonal shifts may further complicate purchasing patterns, with DIY customers dominating during peak seasons and professionals taking the lead during off-peak times. Read More
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