Increasing mortgage rates and inflation are taking a toll on the home remodeling market. Fortunately, millennials are driving the burgeoning home improvement industry. This generation is not only buying homes, but they are also doing more home improvements than any other age group.
A recent Axiom survey found that 57 percent of homeowners plan to do a DIY project. For the most part, these projects are confined to minor remodeling and maintenance.
The Axiom survey also asked consumers what their home improvement plans were for 2021. They found that the most popular category was exterior work. Many homeowners plan to add a deck or patio. Others plan to remodel their kitchens and bathrooms.
The most important thing to remember when choosing a home improvement contractor is to choose a firm with decades of experience. This is believed to deliver the most satisfying results.
Another thing to consider is what other clients have had to say about their experience with the firm. Customers are more likely to recommend a contractor with a reputable reputation and a proven track record.
A good way to find out is to ask friends and family about their experiences with the contractor. You may also want to contact local building codes officials to make sure the contractor is in compliance with your state’s building regulations.
You will also want to have a detailed list of the work you need done, including all the supplies, materials and tools needed. This will help you compare prices from multiple contractors and negotiate the best deal.