With markets down, homeowners turn to phased remodeling Whole-house remodels get turned into serial projects
According to the National Association of the Remodeling Industry (NARI), Residential remodels are no longer those once-in-a-lifetime projects that keep homeowners dreaming years on end before they ever pick up a hammer. Instead, many homeowners opt to do a series of remodels as their schedules, budgets and lifestyles evolve over time.
In fact, according to a recent Consumer Reports poll on home remodeling, 36% of homeowners who plan to remodel plan to do so in phases.
Serial remodels, or phased remodeling projects, can go over several months and even years. For example, homeowners might opt to start slow with a remodel to a powder room or closet and then tackle a larger project, such as the kitchen, master bath or home addition.
“Most people don’t think of their house as 10 projects they want to do and prioritize them,” says Matt Lederer. “It’s not a one-time shot: People choose projects they can afford and will influence resale.”
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