With increased home values, a growing number of homeowners are flush with home equity and are eager to re-invest in home improvements. COVID-19 sparked a demand for remodeling projects (e.g., home offices, gyms and outdoor living spaces), and those trends have continued even as the pandemic subsides.

“Extended time at home meant homeowners focused on projects that may have [otherwise] been put off,” said Kurt Clason, the 2022 National Home Builders Association (NAHB) Remodelers Chair. “Many decided to stay in their homes longer, seeking out aging-in-place or universal design projects. As a result, our industry has not just survived the pandemic, but it has thrived.”

Quarterly surveys conducted by NAHB throughout the past year confirm that as home prices and interest rates rise, prospective buyers are increasingly losing steam with their home search and opting to stay put. Luckily, with recent advancements in building products and techniques, it’s never been easier for homeowners to infuse new life into an existing property. 

And not all remodeling projects are as intensive and visible as renovating a full kitchen or bathroom. Sometimes, the smaller upgrades can make a big impact – especially those that make your home “smarter,” for example:

Smart Security
The options for smart-home security systems are perhaps more plentiful than in any other category of home technology. Homeowners now can easily monitor nearly every inch of their home, and that includes the garage: Several garage door opener manufacturers have created dual-purpose openers that feature built-in cameras and two-way audio communication. This improves security in what is often an overlooked space of the home. And some models even integrate with Amazon Key for convenient and secure in-garage deliveries of packages and groceries.

To find a professional remodeler in your area, contact the Central Washington Home Builders Association, or visit CWHBA.org.