Home improvement projects were all the rage during quarantine as more and more people spent time indoors. But the trend isn’t stopping yet. Many are taking advantage of the savings from lockdown and improving their home’s comfort. Discover Home Loans survey revealed that 58% of people are planning home improvement projects this year. 83% of those said a more comfortable home was their primary motivator. Here are the most popular and affordable home renovation trends for comfort this year.
Bathroom Improvements
According to a HomeAdvisor survey, a bathroom remodel is the most popular planned renovation this year. The bathroom is a place we spent a lot of time in, so it must be comfortable, efficient, and practical. Modern toilets, faucets, and showerheads are aesthetically pleasing and also help conserve water and lower costs.
The average bathroom remodel cost last year was $13,401, according to HomeAdvisor’s True Cost Report. While this may seem like a lot, this is more economical than a kitchen renovation that costs an average of $35,000.
Interior Painting
HomeAdvisor reported that interior painting was the most popular project and the second most planned project this year. This project has an average cost of $2,007, which is the best inexpensive upgrade that significantly impacts the home.
If you’re painting to sell your home, it’s best to choose neutral colors. Neutrals will work with any style and help the buyer visualize their furniture in your home.
New Flooring
This popular and affordable project is the third most planned renovation project this year. It has an average cost of $4,680. Replacing old and worn carpet, tile, or wood will increase the home’s comfort and add a unique design feature. This is beneficial since it makes the home more attractive if you’re selling.
If you need help choosing materials or what high return on investment projects to implement, contact me! Reach out to TALK Property Management– We are here to help: (512) 721-1094 or dbrown@talkpropertymanagement.com.
