Nearly two-thirds of current homeowners are planning to renovate their home. There are a lot of reasons to consider going through with this, but there are a lot of possibilities when it comes to home renovations. Maybe you’re not happy with the style of one room, or you need a little extra space in the house. Maybe you want a separate storage space that wasn’t there when you bought the house. To help you find out if you’re in need of a renovation, here are some of the most popular projects homeowners are currently doing. Time to see if you’re in need of something new.
One of the most popular renovation projects is just changing up one room. More than 75% of homeowners choose to change the style of their kitchen for this project. Basements are another popular option due to their potential as storage or a recreational space, and have been so for over 20 years. And these minor remodels aren’t always expensive. You’d be surprised how much just changing the floor of a room can make it look better. Tiles are a great choice when it comes to kitchens, especially in neutral colors. That way they can easily match the walls and counters you already have. Maybe you just need some fresh paint in the basement or a few shelves to make an easier storage space. You don’t have to break the bank to freshen things up.
So what can you get out of this home remodeling project? Aside from a room that you’re happier with, of course. Returns on investments are a huge payoff for remodeling rooms like this. Kitchens can give you an average return of 80% of more, while basements can go up to 70% if done well. And that puts more value on your home, too.
And speaking of adding to your house, there are also projects that involve adding on to the house. For example, over 60% of homeowners would like to add a recreational area to their homes such as a pool or patio.
Another increasingly popular option is to add a gaming or entertainment room. Over one-quarter of custom-built homes in 2016 included features like this such as home theater installations or a game room with physical games such as pool, ping pong, air hockey, and so on. However, home theater installations seem to be a more desirable option as they give you the feeling of a movie theater in your own home, even if you don’t have the same seating. With their surround sound systems and larger screens, even just getting one of those home theater installations starter kits will make viewing parties that much more popular if you’ve got the right space for it.
And, if you’re feeling really ambitious, you could remodel your whole house. Almost 35% of remodels involve the whole house. This might be to update it since the house is an older model, to add some more space to the floor plan, or just change things up as you see fit. It’s a bold choice to make for a renovation, but the only thing stopping you is your budget.
Ultimately, home installations can encompass anything from changing up one room to redesigning your whole house. And if you want to add a little something to make your home stand out, then go for it. The sky is the limit if you can afford to reach it.