
May
From Planning to Finishing Touches: A Step-by-Step Guide to Home Renovations
The US home renovation market has been on an upward trend, exceeding a whopping USD 340 billion in 2020, with an estimated CAGR growth of over 4.1% between 2021 and 2027. With low interest rates and increased time spent at home, the demand for convenient and better amenities among interior designers, homeowners, and builders has significantly propelled the need for home improvement materials. According to recent statistics, tech-savvy millennials are now more inclined towards short-term plans when it comes to housing investments. Oregon, known for its vibrant housing industry, has witnessed a surge in private rented houses, significantly supporting several innovations and new and improved techniques for home improvement activities.
With five stages of renovation, planning, budgeting, demolition, construction, cleanup, and finishing, homeowners can ensure their projects stay on track and on budget. This is also a perfect time to think green and use eco-friendly building materials and energy-efficient appliances, windows, and lighting. Following a certain plan can help avoid unnecessary work and prevent last-minute surprises, such as adding a new plumbing stack that requires going behind the wall after closing and painting it.
The blog covers an overview of the six basic stages you must consider while renovating your home.
A Step-by-Step Guide to Renovating Your Home in Oregon, USA
Renovating a home is an exciting but challenging undertaking. To make sure everything goes smoothly and stays on budget, follow these six stages.
Planning
Create a detailed plan and list of all the products and features you want in your remodel. Stick to your list and avoid last-minute changes that can cause delays.
Budgeting
Get estimates from licensed contractors, architects, and designers. Choose the option that best fits your budget and financing needs.
Demolition
Prepare your home for demolition and consider doing some of the work yourself to save money. Protect your furniture and floors and remove breakables from walls.
Construction
Consider temporarily moving out of your home during major construction work. Otherwise, prepare for disruption to your daily routine and utilities.
Cleanup
Remove all debris and dust to make way for the finishing touches.
Add finishing touches
Finalize the project with paint, backsplashes, floor sealing, light fixtures, and hardware.
The US home remodeling market size exceeded USD 340 billion in 2020, and Oregon is no exception. In 2021, the state saw an increase in building permits and renovation projects, with a focus on energy efficiency and eco-friendly materials. By following these steps, you can renovate your home in Oregon and create the space you’ve always wanted.
Remodeling your home can have a significant impact on your quality of life, and it’s a trend that’s only getting more popular. With more than half of homeowners renovating in the past year, and home improvement sales on track to reach $620 billion by 2025, it’s clear that many people are investing in their homes. At OnPoint Development, we serve Portland, Lake Oswego & West Linn Areas, and have years of experience building and remodeling homes for Oregon residents. Whether you’re planning a major renovation or a simple update, we’re here to help you create the home of your dreams.
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