Homeowners Stay Put and Remodeling Stays Strong

From on January 09, 2008 in General

The American Institute of Architects recently released “Home Design Trends,” a survey of 500 residential architectural firms conducted in the fall of 2007. Results show a decline in the home building segment, while the demand for remodeling and renovation projects stay strong. A lot of people wonder how our business is impacted by the decline in the real estate market. The AIA survey results reaffirm what we’ve found to be true – that homeowners are choosing to stay where they are, improving the quality of their homes rather than moving. Whether the market is strong or weak, remodeling is about more than raising the value of your home. It’s about creating a more inviting and comfortable space to live on a daily basis. Residential architects report softer conditions on all projects, except for those in the remodeling market, where business remains healthy. They report a continuing demand for additions, kitchen and bath remodeling, and other renovations. Survey results show households are currently favoring:

  • Durable, low maintenance exterior materials, such as fiber cement, stone, tile, and natural earth plasters
  • Sustainable roofing materials
  • Homes with a traditional feel
  • Greater use of front and side porches
  • Single story homes
  • Exterior accent lighting
  • Upscale entry doors

Not as popular are nontraditional window shapes, nontraditional home sizes, and simpler detail on home exteriors. Heated driveways are also reported to have limited appeal.

Need a landscaper who can build the outdoor porch your whole family can enjoy? Want to learn more about sustainable roofing? Looking to make your entry way more inviting? Contact one of our certified home remodelers for a free estimate!