A new report by Houzz reveals that kitchen renovations are still the most popular remodel – and also the most expensive. In 2018, the kitchen was the top interior room renovation among homeowners who renovated last year.
The report also notes that costs are rising. “Last year’s 10 percent increase in tariffs on imported building materials is clearly hitting consumer pockets in areas such as kitchens and bathroom remodels that are heavily dependent on imports of cabinetry, countertops, ceramic tile, plumbing fixtures and vinyl flooring from China,” Nino Sitchinava, Houzz’s principal economist, tells Freshome. “We expect similar effects to take place in 2019.”
Below, Freshome breaks down the most popular rooms to remodel, along with Houzz’s median cost data and the percentages of homeowners who did a remodel vs. an addition.
28% remodel/30% addition
“Kitchens remained the most popular and most expensive room to renovate in 2018. In fact, the median spend on kitchen renovations jumped 27 percent in 2018, following a 10 percent increase in 2017,” Sitchinava says.
Some homeowners are looking for ways to expose concrete walls in their home, but Josu Gaubeka, President of La Cuisine Appliances also recommends concrete countertops in the kitchen. “Concrete is definitely in when it comes to kitchens. Even though marble and quartz countertops will never go out of style, what is currently trending is the industrial touch that cement adds to the designs.”
No matter the style of kitchen that you have, from the most elaborate in terms of sophistication to the simplest and utilitarian, if you have a stylish appliance in the kitchen, the appliance will certainly make the difference,” Gaubeka says.
Another trend that Gaubeka has observed is having everything out in the open. “Obviously, kitchens with open shelves or storage areas require a lot of order, but it’s also a simpler way to optimize time in the kitchen, since everything is on display.”
The 2019 faucet trends include vintage styles. “Even though the use of vintage faucets is a matter of taste, they are frequently found in many current kitchen designs. It’s part of a new country chic trend that recently became very popular, and works well with farmhouse styles, Gaubeka says.
Guest/other bathroom: $3,500
25% remodel/27% addition
“Median spend on guest bathroom remodels, the most popular type of bathroom to renovate, grew by 17 percent,” says Sitchinava.
If you’re remodeling your home for resale, the best return on your investment will come from focusing on bathrooms and kitchens, according to Jonathan Self, a realtor at Center Coast Realty in Chicago. “Using a reputable designer can be a smart money saving – and possibly money making – move. Also, depending on how large the scope of work, my pro tip is to factor in the cost for a project manager.”
Even if you have a general contractor and a great designer, Self warns that neither position is really tasked for project management. “Both of them end up getting roped into the job of project managing, and you end up adding more chaos to a chaotic process.”
Master bathroom: $8,000
22% remodel/23% addition
“Median spend on master bathroom remodels, the third most popular room to renovate, grew by 14 percent,” says Sitchinava. Homeowners want spa-styled bathrooms with natural light, open showers, and bathtubs that make you want to soak for hours.
According to the National Kitchen and Bath Association, transitional bathrooms are the most popular design style. It’s a mix of traditional and contemporary styles, with clean lines.
Homeowners are also incorporating some of the 2019 bathroom technology trends, including Wi-Fi/cloud-based digital showers with personal presets to control the temperature, outlets, and shower time. Intelligent toilets with personalized cleaning and dry functions, and a heated seat, can help to create the ultimate master bathroom.
Living/family room: $3,400
21% remodel/23% addition
Whether a formal living room or a more casual living/family room where everyone – including the family’s pets – can feel right at home, homeowners are updating these spaces. Open floorplans that create clean sightlines to the kitchen are also popular for entertaining and keeping an eye on the kids.
Master bedroom: $2,000
14% remodel/15% addition
Master bedroom remodels continue to be popular as homeowners strive to create a sanctuary. Sometimes, this entails a master suite addition. Other times, it involves remodeling the area, and may include knocking down walls to open up the room. This allows homeowners to create an area for lounging on a sofa or large chairs. Other upgrades include painting the walls, ceiling, and trim, adding a ceiling fan and lighting, and changing out the flooring.
13% remodel/15% addition
Closets, in general, and walk-in closets, in particular, are increasing in popularity, according to Claudio Faria, Director of Ornare USA, which offers luxury kitchen, baths, closets and cabinetry. In fact, he says he’s seeing the highest rise in closet orders. “People are putting more importance into them as the home for all their most valuable possessions. Many are looking for a more retail/boutique design with clear glass doors to showcase their favorite items,” Faria says.
“Others are looking for new solutions for more efficient storage with a more glamorous experience for themselves. That might include dedicating an entire room to also work as a dressing lounge or integrating it with the master bedroom to make it part of the design.”
The post These are the Most Popular Rooms to Remodel – And the Cost for Each appeared first on Freshome.com.