This article was originally published by a www.houzz.com . Read the Original article here. .
First, let’s take a look at what’s often the first consideration when remodeling a bathroom: cost. As with many products and services, median spend on all bathroom remodels has risen — up 11%, from $13,500 in 2022 to $15,000 in 2023. The rise is due to an increase in the median spend for major remodels (in which at least the shower is upgraded) and minor remodels (those without a shower upgrade).
The median spend on major remodels rose 5%, from $20,000 in 2022 to $21,000 in 2023. Over the same period, the median spend on minor remodels increased from $8,000 to $8,500. For minor remodels of larger bathrooms (100 or more square feet), spend rose 15%, from $10,000 in 2022 to $11,500 in 2023. For minor remodels of smaller bathrooms (less than 100 square feet), spend rose 20% year over year, from $5,000 to $6,000.
Keep in mind, economists like to reference the median, or midpoint, figure rather than the average for this kind of data because the average can be skewed, can be volatile year over year and can be misleadingly high or low because of a single project that costs far more or less than others.
This article was originally published by a www.houzz.com . Read the Original article here. .
This article was originally published by a www.houzz.com . Read the Original article here. .
Renovating homeowners invested in products with both standard and smart technology in 2024, and in fact preferred smart tech in several product categories. The dark green bars in this graphic represent standard products. The light green shows smart products, which refers to technology that can be monitored or controlled from a mobile device (smartphone or tablet), a computer or both.
Light fixtures topped the list of indoor product purchases at 51%, with 38% of renovating homeowners choosing standard and 13% opting for smart versions. TVs followed at 27%, with 16% choosing standard TVs and 11% opting for smart.
Alarms and detectors (14% standard, 12% smart) and thermostats (7% standard, 16% smart) also were in demand. Smart versions led for wireless doorbell cameras (16%), streaming-media players (10%), home assistants (14%) and garage door openers (8%) as well. And among smart security products, homeowners chose wireless door locks (8%), cameras (9%) and motion or other sensors (5%).
Smart security cameras led outdoor tech purchases at 23%, followed by standard outdoor lighting fixtures at 23% (not shown).
10 Ways to Control the Cost of Your Bathroom Remodel