3 Great Reasons Why People Love Remodeling Their Homes
At the end of 2017, the total revenue for the remodeling industry across the United States amounted to $83 billion with an average annual growth rate of an astounding 3.9%. The residential remodeling industry has done so well for a variety of reasons, including a (sometimes) positive economy, an eagerness to change something, and plenty of experienced teams of general contractors willing to offer their services to homeowners across the country.
Whether the home remodeling tasks involve whole home renovations or are simply involve adding small fixtures around the house, there are plenty of reasons to update the look and feel of a home. Here are some of the main reasons why homeowners are choosing all kinds of home remodeling projects:
- Increase your property’s resale value — Even if you don’t plan on selling your home or moving in the future, it’s still best to do everything in your power to increase its value. After the Great Recession, homeowners have realized that real estate prices don’t inevitably rise over time. However, even the smallest remodeling project can provide some kind of value bump, while major projects can provide a significant boost to your home’s resale value.
- For damage repair purposes — Flood damage, storm damage, and all kinds of other issues happen when you least expect it, and they need to be addressed right away. Though homeowners would much prefer to have general contractors come over for projects that they planned, storms happen. These damages will always need to be addressed in a timely manner. If you live in an area where hurricanes or floods occur, you should always be prepared to repair any structural damages to your home — experienced contractors can help.
- Improve the actual look of your home — Even if you love your home and have loved the way it looks for decades, no style or trend lasts forever. That retro wood paneling might have looked great a decade (or three) ago, but you may be yearning for a more modern style. A homeowner should never settle for a nice home — you should do everything you can to give yourself the perfect home. These home remodeling projects can certainly give you a newfound appreciation for your amazing home.
If you are in need of experienced general contractors to come and remodel and improve the look and feel of your home, contact Triad as soon as possible and enjoy your property’s new look!