More homeowners likely looking to renovate
It’s no surprise that people are more willing to renovate their homes and add natural stone to their properties when the weather is nice, especially if they plan on doing outside work, such as building patios and pool surrounds.
And with winter turning toward the warmer months of the year, such renovations might just be on your mind.
“An uncommonly harsh winter and continued labor shortage created a drag on many parts of the housing market, including remodeling, in the first months of 2014,” said National Association of Home Builders Chief Economist David Crowe in a recent media release.
“The two components of the [Remodeling Market Index] that declined the most in the first quarter, calls for bids and appointments for proposals, are the ones most likely to respond to weather conditions. Going forward, we expect gradual but steady growth in the market for remodeling as there is still some pent-up demand from the housing downturn waiting to be released.”
With that said, you may be wondering what renovations will give you the most bang for your buck.
The National Association of Realtors reported earlier in the year that Remodeling magazine’s Cost vs. Value Report saw that money spent on home improvement was being returned through re-sales at a more favorable rate than the year before.
Two projects that gave homeowners plenty to smile about when it came to recouping costs were bathroom and kitchen remodels, with both providing homeowners 63.6 per cent of costs recouped.
Both of these areas of the home make perfect locations for natural stone. Flooring and countertops made of natural stone can both add value and beauty to your bathroom and kitchen.
Another idea is to build yourself a backyard oasis with a pool. Just be sure to keep your stone pool surrounds protected with a quality sealer like STAIN-PROOF Original.
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