Friday, March 31, 2023

New kitchen renovation trends: How homeowners are falling apart in 2022 – Chicago Agent Magazine

The 2022 US Houzz Kitchen Trend Study is over, and kitchen renovations are on the rise. The home remodeling platform surveyed nearly 2,400 homeowners to determine the latest kitchen trends. Most popular among them? Upgraded Countertops.

Over the past year, the percentage of renovators hiring kitchen professionals rose from 85% to 89%: the highest level seen in four years. And it seems the homeowners are spared no expense. The average price spent for a major kitchen remodel increased 14% to $40,000 during 2021, while the cost of a minor remodel rose 25% to $10,000. More specifically, the average amount spent for a major remodel of a large kitchen (250 square feet or more) reached $50,000.

Among those many grand renovations, new countertops were included by 91% of Houzz respondents, with material quality prioritizing over cost. Ninety-nine percent ranked the material’s look and feel as the No. 1 concern, followed by durability (57%), then ease of cleaning (38%) and, finally, price (23%).

“It is clear that despite rising prices for labor, products and materials, homeowners are willing to spend a little more to get exactly what they want in countertops that are both beautiful and practical,” comments Marine Sargsyan, senior economist at Houzz. Of. “We are seeing a rise in overall kitchen renovation expenses as homeowners not only splurge on specific features, but also make major modifications to kitchen layouts, systems and walls, many of which are carried out with the assistance of licensed home professionals. is required. In fact, the hiring rates for home professionals to complete these projects are the highest in four years.”

New Kitchen Renovation Trends: How Homeowners Are Falling Apart In 2022 - Chicago Agent Magazine

Additional findings from the 2022 US Hauz Kitchen Trends Study included floors made of resistant materials such as homeowners’ high-tech appliances (27%), beverage refrigerators (19%), work islands (20%) and vinyl (23%) . ,

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news