The pandemic caused many households to become the frontlines of DIY projects. Homemade shelving, repurposed planters, and whatever Pinterest recommended you do with a wooden pallet. After running out of small project ideas, homeowners are now moving to larger home renovations as the economy rebounds and the world goes back to normal.
The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting released the Kitchen and Bath Market Index (KBMI) Q1 Report about the kitchen and bath industry. The report has shown heavy trends of kitchen and bathroom renovations, even reaching its highest score since the founding of the index. Notably, the report shows a major shift from DIY projects to larger general contracting projects.
“We are encouraged to see the index reach a historic high, and look forward to the continued industry growth as homeowners opt for larger, more upscale remodels.” -NKBA CEO Bill Darcy
The NKBA found that the 2020 surge of smaller home projects has been reversed as homeowner outlook changes during the pandemic. Home additions, outdoor builds, and room renovations have all been on the rise in an effort to improve home functionality.
“We’re seeing an incomparable surge in homeowners looking to rearrange floor plans, tear out complete kitchens, baths and other rooms to make space for increased activity within the home, and generally create a space that better suits their evolving needs,” states CEO Bill Darcy.
Are you looking to take on a home renovation project in 2021? If so, get in contact with 3Rivers General Contracting! We provide renovation work for homeowners throughout Southwestern PA and maintain careful attention to detail to guarantee high-quality craftsmanship. With every project we perform, 3Rivers General Contracting strives to create the most comfortable and enjoyable home remodel possible. Contact us today!
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