National Association of Realtors Survey on Remodeling

Homeowners and renters remodel, redesign, and restructure their home for a variety of reasons. The National Association of Realtors issued a report that takes a deep dive into the reasons for remodeling, the success of taking on projects, and the increased happiness found in the home once a project is completed.

The report contains the following:

  • The typical cost of 20 remodeling and replacement projects, as estimated by members of the National Association of the Remodeling Industry (NARI)
  • How much appeal each project is likely to have for buyers, according to REALTORS®
  • How much REALTORS® estimate that homeowners can recover on the cost of the projects if they sell the home.

Americans spent $340 billion on remodeling in 2015. However, many find the idea of taking on a remodeling project too overwhelming to attempt. Thirty-five percent of U.S. homeowners would rather move to another home than remodel their current home. Fifty-five percent of owners in suburban areas and 52 percent of owners in urban areas say they would be willing to remodel their home. This jumps to 70 percent for owners in rural areas.


When consumers remodel, it is to upgrade worn-out surfaces, finishes, and materials (35 percent); to add features and improve livability (16 percent); and because it is time for a change (13 percent).

Taking on projects is often worth the investment and time.

  • After remodeling, 75 percent of owners have a greater desire to be in their home.
  • Sixty-five percent have increased enjoyment in their home.
  • Fifty-six percent feel happy and
  • 39 percent feel satisfied when they see their completed project with a typical Joy Score of 9.6.
  • Seventy-seven percent feel a major sense of accomplishment when they think of their completed project.
  • Thirty-six percent of owners report the single most important result from remodeling is better functionality and livability,
  • 17 percent report durable and long-lasting results, materials, and appliances, and
  • 17 percent report beauty and aesthetics.
  • Thirty-two percent of the owners did the project themselves,
  • 32 percent hired a professional for all of the job, and
  • 21 percent hired the labor but purchased the materials.
  • Fourteen percent contributed some do-it-yourself (DIY) labor.

The report covers both interior and exterior home improvement projects. This report provides a cost recovery estimate for representative remodeling projects. The actual cost of each remodeling project and cost recovery are influenced by many factors, including project design, quality of materials, location, age and condition of the home, and homeowner preferences.


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An Entrance that Makes You Stand Out

Creating a cohesive look for your outdoor living space becomes easier as pavers come in various colors and styles. You can match the color combination you’re using with the exterior color of your home.

The laying pattern depends on your choice but note that some designs, such as the circular pattern, fit wider surfaces better. Make sure to talk to professional paver installers for recommendations. You can as well search for laying pattern inspirations online and consult your contractor about using the same for your paver project.

Benefits of outdoor stone pavers

Paving stones don’t only look elegant. They also offer several benefits such as the following:

    • Low maintenance. Stone steps free you of the tedious upkeep. Cleaning pavers can be as simple as removing dirt or debris, such as leaves, as soon as possible to prevent them from settling.
    • Durable. Stones make an efficient paving material that will not crack and turn to an eyesore even after years of use and exposure to harsh outdoor elements. It wouldn’t sag or shift as typical poured concrete does, even at the event of an earthquake. This paving material allows you to enjoy maximum return on your investment.
    • Versatile. Paving stones can be used not only for your outdoor steps, it can as well be installed in other areas in your yard.
    • Safe for use.The non-slip surface makes it an ideal material for pathways or walkways. No worries too if you’re hosting a gathering with family or friends anytime soon as paving stone installation do not require curing time.

Smart investment. It’s a one-time purchase for a long-term use. Also, choosing paving stone steps helps boost your home’s resale value with its visual and functional appeal.

If you’re looking to have pavers installed in your outdoor living space, do take advantage of the no-obligation free estimate Banris Construction offers as you compare contractors. Choosing paving stone steps is a good decision, but this project will turn out more rewarding when you work with a professional installer.

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Renovation tips and ideas

Of the many home remodeling advice that we could present you with, here is the first and most essential one – if you fail to prepare, you prepare to fail.

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Best Modern Kitchen Design and Interior Ideas 2017

Here are kitchen ideas that don’t require a huge budget – with some careful planning and creative design, you can transform your cramped space into a place that is efficient. If you feel that you could use more space, then give us a call. (more…)

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