Get the Scoop on the Latest Home Remodeling Trends

Your potential customers spend hours poring over magazines, books, and websites to plan their remodeling projects, so it’s only natural they’ll be influenced by what’s trending. Keeping up with those trends gives you an edge on your less savvy competitors.

Gaining Insight from Trending Home Features

Trends have a strong influence on the features your would-be customers decide to include in their remodels. Even trends in home features you don’t provide can give you clues on what those trend-following homeowners might buy from you. If there’s an increase in solar permits issued in a certain neighborhood, chances are those homeowners will be interested in other eco-friendly, energy-saving upgrades. They might be looking to install energy-efficient doors and windows, redesign their interior lighting or hire an insulation contractor.

In a neighborhood where swimming pool permits are on the rise, the homeowners there are likely good prospects for luxury home features. If you’re a general contractor, these are people who might hire you to create their gourmet kitchen or spa bathroom.

Paying attention to the top builders and contractors in your area can also guide you toward profitable markets. If several companies are having great success with remodeling attics and basements, you’ll know that’s a trend worth looking into.  

Profiting from Local Style Trends

While the media can keep you up on what’s in style around the country, trends vary by locality. Reviewing the data from your region gives you a more accurate picture of what your prospects might want from you.

Maybe you sell countertops and cabinets, and notice most kitchen remodel permits are issued to homeowners in a wealthy area. You’ve just found a good market for high-end products. If it’s a middle-class area where most of the kitchen remodeling is going on, it makes more sense to focus on practical, budget-friendly options.

If you notice the kitchens successful local contractors have remodeled often include dark-toned cabinetry or cabinetry with hidden storage, you can get ready to supply the same.

For more insider info on current home remodeling trends, contact us at Construction Monitor.

Developing Adaptable Housing for the Elderly

developing adaptable housing for the elderlyThe most reliable statistics available indicate an unavoidable change in American demographics as the Baby Boomer population–those born between 1946 and 1964–continues to age. With age comes different residential and independent living needs, many of which are not being satisfied by current homes. Developing adaptable housing for the elderly is poised to become a thriving and much-needed sector of the construction industry.

Aging in Place

Many older couples and individuals are finding themselves still living in the homes that they owned when they were younger. An older home may be too much for an older resident to maintain. It also may not be suitable for senior living since the structure might lack accommodations for physical limitations, visual impairments, or other difficulties faced by older individuals.

For those who want to stay in their familiar homes during their senior years, housing renovations can be done to support aging in place. These include:

  • Establishing plenty of travel room for wheelchairs or assistive devices, such as walkers.
  • Providing adequate lighting for all rooms and areas where lighting is often limited, such as over kitchen cabinets and in closets.
  • Revising kitchen facilities to make it easier for persons to use them by lowering cabinets and counters, adding sliding drawers, and clearing space for wheelchairs.
  • Renovating bathrooms to increase safety by measures such as adding grab bars, installing floor-level showers, and increasing the amount of lighting.

New Designs for Adaptations

New senior housing projects are being designed and built specifically for the needs of older residents. For example, in some communities, abandoned malls and disused big-box stores are being converted into senior housing facilities. The landscape, public services, and amenities surrounding these types of senior housing projects are being redesigned to provide easy access to transportation, services, and recreational facilities.

Construction Monitor informs industry professionals, including managers, business developers, and planners, of the most recent and relevant developments in construction and design. Contact us today for more information on the challenges involved in developing adaptable housing for the elderly and how this segment of the construction business will become more important in the coming years.

What U.S. Homeowners Are Remodeling or Adding to Their Properties in 2014

U.S. homeownersIn home remodeling, the cost-value ratio expresses the relationship between the cost of a home upgrade and the estimated dollar amount it contributes to the home’s resale value.  Average cost-values are collected annually on 35 popular remodeling projects and replacements in more than 100 markets across the country. These numbers are a revealing metric that illustrate both consumer trends in home improvements and how these projects impact property value. Continue reading What U.S. Homeowners Are Remodeling or Adding to Their Properties in 2014