Modern Home Builders Issue 128 August 2023 | Page 19

___________________________________________________________________________________________ Home renovations

Overcoming renovation challenges

While moving homes can be daunting , renovating can be even more so . Jen Stockwell unpacks current remodeling issues , and how to ensure a successful home renovation process

Remodeling is set to sustain the kitchen and bath industry in 2023 , as opposed to new construction , according to the National Kitchen and Bath Association ’ s ( NKBA ) most recent report .

Unfortunately , the depiction of remodeling has been heavily glamorized . As a remodeler who began her professional career as a homeowner taking on a remodel of her own home , I ’ ve seen both sides of this coin . Once , as a frustrated homeowner left feeling helpless in the hands of a builder who didn ’ t value my trust , and now as a builder , often finding myself offended by the disrespect shown to tradespeople by homeowners who don ’ t always value the craft or complexity of the work .
I ’ d like to share some insider perspective to approach the remodel process with confidence so homeowners can trust in their ability to identify the right team of skilled people to carry out their vision .
Why choose renovation over relocation ?
Interest rates and home prices have made it much more difficult for those considering buying a larger home . Among homeowners moving forward with their projects , more than two-thirds rely on personal savings to complete major full-service kitchen and bathroom remodels .
According to the NKBA ’ s website , “ With the current mortgage rate at 6.3 percent , households that can qualify for a mortgage
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