Technology and automation touches everything in our lives today—even our homes. We’re not just talking a smart thermostat here. Even construction has been changed by ever-growing technology. Here’s a peek at how the high-tech construction site is changing remodeling.
Topics: Home Builders
Keeping the Building Market Afloat
The big news in the building industry these days is Millennials. They are needed to keep the housing industry above water in a still difficult economic environment. But recent research suggests that the rate of Millennials who own homes is down 10% compared to previous generations at the same age.
Undertaking a multifamily remodeling project may take millions of dollars and years to complete depending on the number of units in the building. It can get out of hand quickly. But with the right strategy, a multifamily building can be in the optimal position for growth.Here are a few strategies that increase growth potential.
8 Developments (Part 1 of the Go Green! series)
Once upon a time, building with a mind for energy efficiency and conscientiousness for the environment was something only the residential market could afford to worry about. But anymore, that has switched. The rewards for green construction are much greater today thanks in part to LEED standards.
With the housing market up for buying and building, it’s a great time to put in some work on your home. The market has recovered enough that buying a home isn’t strictly about square footage and price anymore. It’s also about some of the benefits that come along with the house like granite countertops, a remodeled bathroom, or a top notch mudroom. About 60% of homeowners start a remodeling project within six months of moving in so any work you do on your house could be considered a major plus and add to the value of your home.
Which projects will give you the most bang for your buck? Here are 26 that returned 100% or more in 2015 and have a good chance at doing the same this year.