As one could expect, more people are staying put during this economy, instead of purchasing new homes. However, the home improvement industry is banking on the fact that homeowners will still want to make improvements, so they can enjoy their homes even more. Energy efficient upgrades, such as new windows, furnaces and cooling systems, are expected to be the most popular, since they will offer the most return on investment immediately. However, I have also noticed that people are interested in upgrading kitchens and baths – they will add value to their homes over the long term, and will be enjoyed in the interim.
Do-it-yourself projects will also be popular for those looking to save money. Do-it-yourselfers can enjoy the benefits of using an interior designer to help them make decisions on color, materials and products, which will help them save even more money in the long run – no more repainting those walls when you don’t like the color! And who wants to fight with reinstalling tile when you find it doesn’t work in your bathroom? http://kstp.com/news/stories/S796734.shtml?cat=206.
How about you? What home improvements are you looking to tackle in the next 6 months?