home remodeling statistics
Did you know that more than half – 53% – of homeowners feel that now is a good time to remodel a home? As the housing market continues to make a strong comeback from the Great Recession, home design and renovation has made a comeback of its own with more and more homeowners choosing to remodel their home in order to increase its value.

It seems that 2015 is a year of home renovation and design, with more than 60% of homeowners gearing up to spend more this year than those who made home improvements in 2014.

While not all build or remodel projects result in a 100% return on investment (ROI), even minor kitchen remodeling projects can yield an impressive 73 percent (ROI). So whether you’re planning kitchen or bathroom remodeling projects this year, winter is a great time to brainstorm and start fleshing out your home remodeling process. Here are a few things to keep in mind.

Find your Inspiration

Aesthetics are an important factor when planning your home remodeling process, so it’s essential to find a look that reflects your personal taste. Or, perhaps you’re looking to not only improve upon your home’s look but also want to increase its efficiency to minimize its impact on the environment. Take the time to find inspiration, which in turn streamlines the entire home remodeling process.

Consider the Market

If you’re remodeling your home with plans to put it on the market, it’s essential that any renovations are en vogue and attractive to potential buyers. Popular additions or renovations include steel front doors, wooden decks, and eco-friendly features such as solar panels. Excessive, over the top features such as professional grade kitchens in residential homes, are no longer in demand.

Make a Budget

Creating a budget and working closely with your contractor or contemporary architect will ensure a smooth home remodeling process. While it’s easy to get caught up in the excitement of remodeling, it’s important to create a budget that is both realistic and comfortable for your finances.