Survey Says: Larger Remodeling Projects Trending Up

Whole house remodels and additions are regaining market share, according to a new survey of remodelers released May 2nd to kick off May’s National Home Remodeling Month. Released by National Association of Home Builders Remodelers, the survey revealed the most common projects in 2016 compared to results of previous surveys.

“While bathroom and kitchen remodels remain the most common renovations, basements, whole-house remodels and both large- and small-scale additions are returning to levels not seen since prior to the downturn,” said 2016 National Association of Home Builders Remodelers Chair Tim Shigley, CAPS, CGP, GMB, GMR.

In the survey, remodelers reported that the following projects were more common than in 2013:
Whole house remodels, which increased by 10%

• Room additions, 12%
• Finished basements, 8%
• Bathroom additions, 7%

Bathrooms topped the list of most common remodeling projects for the fifth time since 2010. Eighty-one percent of remodelers reported that bathrooms were a common remodeling job for their companies, while 79% reported the same for kitchen remodels. Window and door replacements decreased to 36% from 45% in 2014.