Tag: home restoration

Remodel of the Week: Concord Carpenter Remodels 377 Main Street Concord, MA

Editorial Staff

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…

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What You Need to Know About High-Performance Insulated Glass Packages

Editorial Staff

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

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10 Cities Where Homeowners Are Taking Out Loans of Over $100K for Home Renovations

Editorial Staff

A recent SmartAsset study revealed a surge in six-figure home renovation loans across several U.S. cities, with homeowners leveraging significant equity to enhance property value. According to GoBankingRates, in markets like San Jose and San Francisco, homeowners are browning up to $205,000 for upgrades. Other metro areas such as New York City, Los Angeles and Washington D.C. are reporting loan amounts from $105,000 to $125,000. Read More

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U.S. home renovations set for a rebound

Editorial Staff

As reported by the Wall Street Journal, Americans have more than $35 trillion in home equity — that’s an average of about $400,000 per U.S. homeowner, John Burns Research & Consulting estimates.  “We think there’s $30 billion in remodeling spending just sitting on the sidelines today, waiting to be spent,” Matthew Saunders, senior vice president of building products research at John Burns told the Wall Street Journal. In the John Burns poll, respondents broke out into two groups: 30+-year-olds planning work in the $60,000 range, and older homeowners planning on…

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U.S. Cities Investing the Most in Home Improvements

Editorial Staff

Home improvement spending, which surged during the COVID-19 pandemic, has recently slowed after peaking in 2022. As reported by Construction Coverage, the Harvard Joint Center for Housing Studies forecasts that the dip is temporary, and is expected to pick up mid-2025.  Home improvement spending varies across regions, with Utah and Idaho topping the list of states where homeowners took out the most loans in 2023. Read More

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