Home is more than just where the heart is. Whether creating an office, a socially distant gathering space, or making room for a loved one to move in, people are using their homes in ways they may never have before. Experts predict homeowners will focus on upgrades and home improvements that fit this evolving lifestyle in 2022 and beyond.
In fact, the Leading Indicator for Remodeling Activity from Harvard University’s Joint Center for Housing Studies predicts a steady and significant rise in remodeling projects that is projected to reach $401 billion of annual spending by the third quarter of 2022. If you’re looking to make some moves with home renovation projects now that we are partway into the New Year, Installing New Flooring fits the bill – and has a great ROI to boot.
Flooring is quite literally the foundation of design, so it must strike a blend of fashion and function. Research flooring with a good combination of durability and timeless aesthetics. And if you want to move into the increasingly popular eco-friendly market, consider products like the Duravana hybrid resilient flooring, a waterproof and eco-friendly product. Duravana’s range of styles are designed to replicate the natural color, grain and texture of real hardwood, with more unique plank patterns than traditional vinyl plank or laminate. Plus, its easy-click installation makes it DIY friendly.
Bonus: research shows that updating your floors has a great Return On Investment (ROI). Architectural Digest reports that Research via Realm indicates that new flooring can yield an average of upwards of 300% ROI, which means that new flooring quickly adds value to your home for years to come.
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