2020 was a year of challenges and adaptation.
Our clients and current articles have given us insight about the current market trends. Among the variety of trends we discovered many Kitchen Trends from the Year of COVID-19.
“With more time at home, more consumers began focusing on upgrading or updating their homes, with the kitchen being one of the most popular. A 2020 study by Remodeling Magazine found that kitchen remodels in the mid-Atlantic region netted anywhere from a 52.3% to 79.7% return on investment, costing anywhere from $24,049 to $137,700…”
The 2021 U.S. Houzz Kitchen Trends Study found that “across the nation, people spent, on average, around $35,000 for a major remodel or $8,000 for a minor remodel in 2020, which has remained steady year-to-year.”
Spending more time at home means more cooking at home and homeowners want more kitchen space!
“Countertops, backsplash, sinks and faucets were the most popular minor features to update… Bigger, and more expensive projects, like electronics, interior and exterior doors and windows were not as popular… For major features, homeowners preferred changing the kitchen layout, upgrading systems or modifying walls.”
These Kitchen Trends from the Year of COVID-19 suggest so much more than just cosmetic changes. People are changing their layout, appliances, and counter placement. People seem to have the time, means, and drive to be able to make these changes now. No one wants to deal with that stove with the broken burner or that dishwasher with the broken soap dispenser.
Homeowners are turning to the experts in this trend.
“Eighty-five percent reported hiring a professional to do at least some of the work. The National Association of Home Builders found in a recent survey that remodelers are feeling ‘confident’ about the remodeling market in 2021.”
If you are looking to renovate your current home or you are looking for a new space entirely, Warren professionals can help! Contact us today.