Home renovation projects are at an all-time high and are expected to continue rising through 2022. In 2021, According to Improving America’s Housing Report by the Joint Center for Housing Studies of Harvard University, the home improvement market reached $281 Billion in 2021. While the cost of a renovation varies depending on the scale of the project, remodeling can increase the value of your home should you ever decide to sell. Homeowners are seeing an average of 65.7% return on investment for bathroom renovations and up to 83.1% a typical kitchen remodel (Realtor.com).
