With an estimated 76 percent of homeowners not traveling in 2021 following the hit of the pandemic, home renovations searches have more than doubled in the United States. As homeowners adjusted to spending more time at home, trends show that they are doing more projects at home to meet their daily needs or to possibly make the improvements they have been putting off before the quarantines began.
Project trends, new construction, and home renovations have been focused on eco-friendly solutions and built-in technology. Homeowners are seeking to add value to inefficient air conditioning and heating systems. Smart homes are on the rise and in demand. Statista predicts that in 2022 smart homes will collectively be over a $50 billion industry. As technology advances and homeowners are spending more time in their homes, homeowners are seeking the convenience and ease that can be delivered by integrating technology into their living space.
The number of homes has doubled since 1980, that’s about half of America’s homes needing some sort of remodeling or upgrade to keep up with the economy and market. Home improvement is growing at twice the rate of other retail categories in the United States. While online home improvement retailers are seeing a large part of that increase, credit utilization has decreased by about 30 percent. With economic decline homeowners are less likely to make a frivolous purchases and create more unnecessary debt.
Here are some great ideas for home renovations and to update your space increase the value of your home, and potentially lower your home owner’s insurance rates.
1) Adding a security system or updating an old security system.
2) Updating the home’s plumbing and electric work.
3) Updating the HVAC system or installing one if you have an older home that does not have an HVAC system.
4) Installing gas and smoke sensors.
5) Re-roofing your home
6) Exterior Siding. This list is also found on many checklists of new home buyers, so, if you are looking to sell these are great improvements that will help close any potential sales.
If you are in Kansas City are and you have any remodeling, or even new construction projects, reach out to the local experts at ABCSiding.com for a free consultation. We would be honored to come out to your home and listen to your needs and help create realistic solutions that are sure to fit your budget. We custom manufacture on the job site, which not only reduces waste but also ensures a perfect seamless fit customized to your home. We personally install our products and guarantee every one of our installs.
We offer a full line of financing and home improvement loans. Simple interest, no prepaid penalties and 100 percent financing options are available to those homeowners that qualify. We install siding, roofing, gutters, windows, doors, and more. With over 60 years in business, we have earned an A+ Better Business Bureau rating and accreditation. ABC Seamless Siding of Kansas City has strived to make every one of our customers happy for the last 60 years!
You can be one of our happy customers too!