Monthly news & updates
September 2021 | Volume VIII, Issue 9
3 Tips For Remodeling In Today's Market
With home prices soaring, more and more homeowners are opting to remodel rather than move. The Leading Indicator of Remodeling Activity Survey from Harvard University's Joint Center for Housing Studies predicts an 8.6% increase in renovation expenditures by the second quarter of next year.
How can you best navigate a home renovation market facing labor, lumber, and appliance shortages? Here are some tips from the professionals, courtesy of Pasadena Now.

Do Research and Plan Ahead

Mapping out your project early and thoroughly can help you avoid delays. This is especially important when it comes to materials, said John Brown of Bliffert Lumber and Hardware.
“The quicker a homeowner can make selections, the sooner we can get it on order and get it in,” Bliffert said.

Some contractors are adjusting the way they approach planning to offset delays. For example, selecting materials and finishes at the outset, instead of as you progress through the project like you normally would, may mean the materials are available when you need them.

Know Where You’re Willing to Compromise

Whether you’re able or willing to compromise often comes down to why you’re doing the renovation in the first place.

“Some homeowners are specific about what they want,” Kirsic said. “They’ve been waiting for a long time to do this project and they’re not doing it to compromise. Others have a time constraint for one reason or another; they don’t have the luxury of waiting.”

It’s a sentiment echoed by others, who caution that you may be able to get an item you have your heart set on, but you may need to be willing to wait.

Be Patient

Above all, understanding these are unusual times can go a long way toward a more successful project.

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