"People are more excited and ready to remodel when they come through our door. The most common requests are for more gathering space, lovely master suites and bigger garages.” ~ Desert News
Minneapolis, Twin Cities Minnesota (PRWEB) April 13, 2014
The Twin Cities Builders Remodelers Showcase (BRS), held on April 3 is the largest building industry product show in the Upper Midwest and brings together home building and remodeling industry professionals. The event was a great success and showcased the latest trends and product releases for Twin Cities home remodeling ideas. Professionals got a read on the pulse of the home remodeling industry in the coming year and homeowners are armed with new remodeling ideas.
"Minneapolis homeowners who begin a major home renovation by considering and evaluating current housing market circumstances and their family's future goals will make better informed decisions," says Jenna Thuening, owner of Home Destination. "For homeowners weighing remodeling project costs in view of their future return value, an objective look at today's current predictions from raw housing data leads to the best remodeling spends."
Metro home builders offer diversity in housing design and price, which draws crowds to gather remodeling ideas or simply admire. Twin Cities home buyers who are challenged by low housing inventory may be turning to custom-designed homes as another option they hadn't previously considered. Others seek model homes showcasing the best of a community. Others are choosing to simply remodel their existing home. The uptick in requests for home remodeling bids signals a deepening confidence in the Twin Cities housing recovery.
Hanley's Remodeling Cost vs Value Report 2014 for the West / North Central region, which includes the Twin Cities, helps Twin Cities home builders and consumers determine where the best dollar is spent on a home remodel.
- Siding Replacement
Job cost: (vinyl) $13,761 - (fiber-cement) $9,315
Mid-range Cost Recouped: (vinyl) 67.7%
Luxury Home Cost Recouped: (fiber-cement) 85%
- Window Replacements (wood)
Job cost:$12,396 - $18,109
Mid-range Cost Recouped: 78.2%
Luxury Home Cost Recouped: 85.7%
- Garage Door Replacement
Job cost: $$1.771 - $3,078
Mid-range Cost Recouped: 67.1%
Luxury Home Cost Recouped: 80.2%
- Major Kitchen Remodel
Job cost: $63,046- $121,138
Mid-range Cost Recouped: 72%
Luxury Home Cost Recouped: 64%
Here is a summarized list compiled by Home Destination of inexpensive Twin Cities home remodeling projects:
1.Remodel With Paint - Whether it’s a major overhaul or a simple makeover, putting a fresh coat of paint on a home is one of the best projects to protect a home investment. Little brings a home to ruin quicker than rain and moisture that seeps through peeling paint.
2. A New Front Door - One of the top quick home remodeling projects for the most immediate impact. A front door is the welcome point of a home; updating to a more stylish one can also include updating to a more energy efficient door.
3. Garage Door Replacement - Whether the home has a one or three car garage, the door's expanse is large and making the upgrade to a newer one has a big impact on a home's curb appeal as well as functionality for daily use.
"The best home remodeling projects are those that fit the homeowner's use and enjoyment of their home. For those who choose to invest more than one can realistically anticipate recouping the costs of, if they love their home and plan to live in it for a long while, that's great," adds Thuening. For those who plan to sell their home in the future, knowing what remodel costs are easier to recover is helpful in making better decisions.
With the growing demand in new construction and home remodeling, The Builders Association of the Twin Cities(BATC) is hosting two job fairs to help fill more than 200 job openings from more than 15 member companies. BATC Job & Career Fairs are expanding to both the west and east metro, growing from just one location in 2013.
Home Destination is a 15 year veteran residential Twin Cities Realtor who helps homeowners through the process of selling a home. For a complementary Minneapolis real estate seller's consultation call 612-396-7832.