A Palm Beach, Florida house, originally built in 1952 was recently renovated under the town’s preservation program for “historically significant” homes and has changed hands in Midtown for a recorded $15.9 million sale. The Georgian-style house was sold by Sotheby’ International Realty agent Elizabeth “Betsy” Sorrel who has renovated and sold six other Palm Beach homes since 2000. The property was purchased by a Florida limited liability company named after the property’s address. That entity is managed by Vernon Nicholas Leopard, as state business records show. A man by that…
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1960s Ranch House in San Mateo, California, Takes On an Unexpected Transformation
A 1960s ranch house located in San Mateo, California, was thought to be a complete tear-down renovation by its owners. “The house lacked flooring, raising concerns about its “livability.’ Wallpaper covered every possible surface, and the bathrooms were original—complete with blue oval tubs and linoleum. Asbestos lurked in the tiles, and the electrical system was outdated knob and tube,” explained Feldman Architecture Owner and Managing Partner Steven Stept who acted as the project principal who oversaw the remodel. In addition to the dated and unfinished attributes, the home also lacked…
Read MoreThe Bathroom Trends to Watch in 2025
According to Benzinga, as homeowners prepare for renovations in the coming year, bathrooms are taking center stage as spaces for both functionality and indulgence. In recent years, bathroom remodel trends have leaned heavily on minimalist aesthetics, neutral palettes, and clean, simple lines. Fixtures in polished chrome and stark white marble were the hallmarks of modern luxury, while functionality often took precedence over personality. However, as design preferences evolve, homeowners are moving away from purely utilitarian spaces and embracing innovative concepts that merge form with function. Designers and industry experts are…
Read MoreWelcome to the Dawn of the Great Renovation
Forbes predicts the “Great Renovation” from 2025 to 2035 will transform America’s residential landscape, as 50 million homes change hands, driving over $3 trillion in renovation needs. Fueled by aging housing stock, low new construction rates, and a wave of older homeowners selling, this movement presents immense opportunities for real estate professionals, home service companies, and innovative, eco-friendly, and smart home solutions to thrive. Forbes talks about the dawn of the Great Renovation, a transformative decade set to redefine America’s residential landscape from 2025 to 2035. This movement isn’t a…
Read MoreStudy Shows Florida Among Highest in US for Property Revamping
A new study finds home remodeling is a hot topic in Florida right now. According to Fort Myers News-Press, new research has revealed the states most eager to fix up their homes, with Florida ranked fourth for biggest desire to revamp their properties. The study, conducted by real estate company New Jersey Real Estate Network, analyzed 50 different search terms related to remodels, such as ‘bathroom remodel’ and ‘kitchen remodel’ over the last 12 months. These searches were then scaled against local populations to determine which states are the keenest to…
Read MoreRemodeling Roadmap: Good Planning Means Good Results
2023 Remodeler of the Year Elliot Pike provides his design philosophy insights. According to Over the Mountain Journal, when Elliott Pike, owner of ELM Construction, was named 2023 Remodeler of the Year by the National Association of Homebuilders at its annual awards event in February, the honor was the culmination of hard work, dedication to quality and an overall commitment to excellence. In other words, Pike said in a half-serious, half-tongue-in-cheek tone of voice, “My goal is to be the Chick-fil-A of remodeling. You can go to Chick-fil-A on any…
Read MoreRemodelers Reveal the Most Popular Type of Home Remodeling Projects
The National Association of Home Builders (NAHB) Remodelers released survey results on the most popular remodeling jobs by its members revealing that bathroom and kitchen remodels remain the most popular projects. “Whatever type of home improvement project consumers are looking for, NAHB Remodelers remains committed to professionalism and helping home owners create the home of their dreams,” said NAHB Remodelers Chair Mike Pressgrove, a remodeler from Topeka, Kansas. According to NAHB, Bathroom remodels were cited as a common job by 65% of remodelers, followed by kitchen remodels (61%). After baths…
Read MoreRemodeling Market Sentiment Remains in Positive Territory in First Quarter
Down one point compared to the previous quarter, the NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2024 posted a reading of 66. According to Eye On Housing, Demand for remodeling remains solid and an RMI of 66 is consistent with NAHB’s forecast for remodeling spending in 2024. Nevertheless, construction costs are still an issue in some places, as rising prices for labor and building materials continue to be major headwinds to faster growth for this sector. The RMI is based on a survey that asks remodelers to rate various aspects of the residential…
Read MoreRemodeling Market Sentiment Improves in Fourth Quarter
According to the National Association of Home Builders (NAHB), NAHB released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 67, increasing two points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on a scale from 0 to 100, where an index number above 50 indicates that a higher share view conditions as good than poor. The Current Conditions Index is an average…
Read MoreHousing Outlook: Inventory May Spike as Fix-And-Flip Wave Hits the Market
Thanks to 24 million homes entering their prime time for renovation, the housing market may see a wave of much needed inventory in the next few years. This presents an opportunity for fix-and-flip investors, according to New Western. According to Business Insider, the real estate brokerage said a shift could be coming in the US housing market next year and could continue through 2027, thanks to a wider market of homes available to real estate investors focused on buying and renovating older homes to put them back on the market. …
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