Reason #1: Buyer’s Market Falling prices and demand in the new home market have created a “buyer’s market” in home improvement. Contractors who previously would only consider new home construction or very large remodeling projects are now more than willing to take on smaller rennovation projects to keep their crews busy.
Reason #2: Reduced Wait Times You no longer have to get in line for up to 12 to 18 months for the best contractors. Decide what you want to do and odds are you will have multiple contractors ready and willing to start your project as soon as you are ready.
Reason #3: Material Prices Prices have fallen across the board for construction materials. Some examples: lumber is down 15.6%; wallboard is down 22%. You have the opportunity to save money or upgrade your material selections. Go for the exotic granite or the beautiful deco tile!
Reason #4: Select from the Best With fallout in the market, for the most part, the very best contractors with the best service, communications and quality of workmanship are the contractors who are “still standing”.
Reason #5: Position to Sell By remodeling your home now, you have the opportunity to enjoy the improvements you make now while positioning yourself to sell for top dollar as the real estate market improves.