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, Modernizing your Bathroom fits the bill – and has a great ROI to boot.
It’s amazing how the right paint and new hardware can revitalize a row of sad old cabinets. With no major construction involved, you can transform your bathroom vanity over the course of a weekend. Select new hardware that looks bold and stately (think chrome bars, not little plastic knobs) to match the tones in your countertop, and remove the cabinets and give them a fresh, neutral shade. If you’re over the white-on-white bathroom look, try a dramatic dark finish that will make your new hardware and fixtures really pop.
And, the ROI is huge! You don’t need to do an entire bathroom overhaul for this one. Replacing some quick, easier things such as wall coverings and old shower doors can be simple ways to give the illusion of a more updated bathroom. According to HGTV, this can yield up to a 102% return on investment.
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