Remodeling Trends for 2022
New Year’s resolutions for homeowners might include completing various upgrades to their living spaces. And like most resolutions, items on the renovation wish list are popular and predictable.
The top five projects homeowners are planning for 2022 are kitchen remodels, bathroom remodels, basements, interior painting, and multifunction spaces.
Nationwide, nearly three in four homeowners will consider at least one home improvement project in 2022.
Homeowners can build equity while making their homes more livable and functional. Kitchen and bathroom renovations are in the top five anticipated projects in cities across the country.
Kitchens and bathrooms sell homes. As places for entertainment, nourishment, and relaxation, these spaces took on additional importance during the pandemic.
Bathroom remodels are the most popular, with many homeowners choosing bathrooms that have spa-like features such as “curbless” showers, heated floors, and free-standing bathtubs.
Over the last couple of decades, main bathrooms have become retreats, and homeowners have become more willing to spend money to buy nice fixtures, steam showers, and lighted mirrors, thanks in part to luxurious hotel experiences. Luxury kitchen features have become even more popular during the pandemic as homeowners cook more often. Homeowners are including more storage, such as walk-in pantries, and second kitchens.
The three other renovation projects are popular because they are relatively more affordable and can change the whole look of a home.
Renovations with the highest return on investment for homeowners add living space, including conversions and additions that don’t change the original structure of the house. Nationwide, the projects at the top of homeowners’ lists include adding or improving office space, finishing a basement or attic, and adding a guest house or accessory dwelling unit — such as an in-law suite. And spending more time at home during the pandemic has made households want to spread out, use home gyms, and create spaces for schooling and working from home.