Homes built in the 1970s were known to have a simple wet bar jammed into a space the size of a coat closet. The modern wet bar is much fancier, and can be a major component of the living space. Here are samples:Link to Article
Category Archive: ‘Remodel Projects’
There has to be a lot of guesswork on these, so tread carefully. If you want the specific survey for San Diego, it can be found at Remodeling Magazine – they have declared it as too special to be re-produced on the internet. I’ll give an example – an upscale master suite addition would cost $285,000, but only return $150,000. Hat tip to JA for sending this in!CNBC article
As home prices and mortgage rates rise, more and more homeowners are choosing to stay put and remodel.
Yet, depending on the project, some of the returns are diminishing. Remodeling spending is expected to approach $340 billion in 2018, a 7.5 percent increase over last year, according to Harvard’s Joint Center for Housing Studies.
“Steady gains in the broader economy, and in home sales and prices, are supporting growing demand for home improvements,” said Chris Herbert, managing director of the Joint Center for Housing Studies. “We expect the remodeling market will also get a boost this year from ongoing restoration efforts in many areas of the country impacted by last year’s record-setting natural disasters.”
More homeowners may be remodeling, but those who do high-end projects are seeing less value in those remodels — that is, the expensive upgrades and additions are paying back less in the resale value of homes, according to an annual cost versus value report from Remodeling magazine.
“It’s not clear if this is a sign of nervousness among real estate pros in the face of a booming housing market or if nationwide affordability concerns are leading pros to question the value of renovations that would make a house even more expensive at resale – particularly with the new tax law regarding the deductibility of mortgage interest and state, local and property taxes,” Craig Webb, editor in chief of Remodeling, wrote in a release.
A kitchen can’t be too techy these days! Hands-free faucets, fridges that remind you when to make a grocery run, and appliances you operate with a handheld device will become commonplace in ’18. Next up? How about a tap that delivers bubbly water or even coffee!Click here for full article
Two quick home-improvement videos from Sherwin-Williams. I like the idea of gluing marble or other natural stone over a brick firecplace, but a simple paint job is an easier fix that anyone can do:
Those wood decks out back need regular maintenance – or else!
Thumb through any home decor magazine, and you’ll see a master bathroom with a soaker or shower as the showpiece. Ta-da!
Homeowners, it turns out, are splurging to scrub up, according to the recently released U.S. Houzz Bathroom Trends Study. Ninety-one percent of homeowners in the study added a spacious shower to their master bathroom (after tearing out the tub), and many added on deluxe features, like a body sprayer or rainfall showerhead, for an improved, spa-like space.
The average cost for a large-scale remodel of a master bath (sized over 100 square feet) was $21,000, shows the study. Master bath renovations cost more in pricey markets, however. In San Francisco, Calif., for example, a major remodel averages $34,100.
Accompanying a luxury shower is a soothing gray and white color palette, according to the study. Nineteen percent of homeowners installed white countertops in the master bath, and 40 percent painted its walls white. Fourteen percent added gray cabinets, as well, to complete the tone-on-tone look. The majority of homeowners (90 percent) changed the overall style of the room, some to contemporary (25 percent), some to transitional (17 percent), and some, still, to modern (15 percent).
- Statement showers; lose the tub : Showers are the top feature to splurge on during a master bathroom renovation (42% of renovating homeowners). Of those making master shower updates (81%), more than two-thirds increase its size. Many homeowners remove their master bathtub (27%) to make room for a larger shower (91%).
- Aging in place drives spend: Homeowners 55 years old or older spend nearly twice as much as those under 35 on renovations of master bathrooms over 100 square feet ($22,800 vs. $12,500, respectively). Older homeowners are significantly more likely to integrate accessibility features, as three in five have no plans to move in the next 10 years.
- Millenials crave more space: One quarter of homeowners opt to increase their master bathrooms. Many of those who are keeping the bathroom size as is find it too small for their needs (30%). Millennial homeowners (ages 25 to 34) are more likely to increase their master bathrooms than are other homeowners and are more likely to be unhappy about the size when not changing it.
- San Fransiscians spend the most on remodels: Among the top 20 U.S. metro areas, homeowners in San Francisco spend the most on a master bathroom remodel, averaging $34,100 for a major remodel of a larger master bathroom (over 100 square feet), compared with $21,000 nationally. Overall, costs vary significantly by scope of remodel, size of master bathroom and regions.
A vision of redeveloping Hillcrest similar to what’s been done in Portland. With there being so much concern about less-fortunate getting shut out of adequate housing, every local municipality should be approving projects like this:
Rebecca is a local designer with an impressive YouTube audience – her channel has 571,000 subscribers! Here is some of her work in Del Mar:
I don’t mind a trendy door, but what happens when the wind blows though?
More trendy doors here:
A key point here is that the local neighborhood experts gave them no chance of selling for the price they wanted, even after making improvements.
It sold for full price, on the first day:
Many thanks to our clients for doing this!