In every home, there comes a moment — the creaking floor, the outdated kitchen, the crowded layout — when you realize: something has to change. Whether it’s to meet your family’s evolving needs or simply to bring your home in line with your style, renovation isn’t a maybe anymore. It’s a must.
And if you’re thinking, “I’ll wait until next year,” this guide is your wake-up call. From rising construction costs to increasing property values, the numbers are clear: there’s never been more reason to renovate — and less time to waste.
Let’s walk through the real data behind home renovation and remodeling services, and why acting now might be the smartest move you make for your home (and your equity).
1. Homeowners Are Renovating More — and Sooner
According to Houzz’s 2024 Home Renovation Trends Report:
- 61% of homeowners took on renovation projects last year.
- The average homeowner is renovating 5 years sooner than a decade ago.
- Kitchens and bathrooms continue to be the most remodeled spaces — for both function and resale.
With interest rates making new home purchases less appealing, people are choosing to upgrade instead of relocate. This has created high demand for experienced remodeling teams — and longer lead times for materials and labor.
✔ Why it matters: Waiting too long to start your renovation could mean delays, higher costs, and missing your ideal contractor window.
2. Renovations Can Add Real, Measurable Value
Let’s talk ROI (return on investment). Remodeling Magazine’s 2024 Cost vs. Value Report shows:
| Project | Average ROI |
|---|---|
| Minor kitchen remodel | 96.1% |
| Siding replacement | 89.4% |
| Entry door upgrade | 82.5% |
| Bathroom remodel | 71.2% |
| Major kitchen remodel | 65.7% |
While you should always renovate for you first, knowing that your project can also increase your property value is a major incentive — especially in a competitive housing market.
✔ Why it matters: Smart renovations protect your investment and create future resale leverage.
3. Costs Are Rising — and Fast
Yes, remodeling is an investment — and unfortunately, it’s one that only gets more expensive with time.
In the last two years:
- Material prices (especially lumber, drywall, and cabinetry) have increased up to 35%.
- Labor shortages have driven contractor costs higher across nearly all trades.
- Permitting timelines in many cities have doubled due to backlogs.
✔ Why it matters: Locking in a project now could save you thousands compared to waiting even 6–12 months.
4. The Right Renovation Team Makes All the Difference
Not all home renovation and remodeling services are created equal. The right design-build team offers:
- A clear process from concept to completion
- Project timelines with accountability
- Realistic budgets based on current market data
- A curated aesthetic that aligns with your taste (and adds long-term value)
And if you want your space to feel like something out of a Studio McGee mood board — calm, timeless, beautifully livable — it starts with a team that shares that design language and delivers on the details.
✔ Why it matters: Hiring the right team helps you avoid costly mistakes, change orders, and unnecessary stress.
5. Renovating for the Way You Actually Live
A renovation isn’t just about new cabinets or pretty paint. It’s about reclaiming function in a space that no longer serves you.
Ask yourself:
- Does your kitchen support the way you cook or gather?
- Is your entryway chaotic instead of calming?
- Is your home office designed for focus—or just filling a corner?
Design-savvy remodeling focuses on flow, function, and feel, not just finishes. And as we’ve all learned in recent years, the spaces we inhabit daily have a huge impact on our productivity, mood, and peace of mind.
✔ Why it matters: Design that solves real-life problems is always worth the investment.
Read More in Homes with Joy Blog
Don’t Wait to Renovate: What the Data Says About Home Remodeling
Front Door Face-Off: What Your Door Says About You
“We Need a New Kitchen… Or Do We?” A Real Look at Refurbishing Done Right
DIY Projects with Parquet Flooring: Transform Your Home
DIY Projects: Breaking Down Cabinet Refacing Cost
DIY Wall Art Ideas to Make Your Home Shine
6. The Best Time to Start? Now.
Contractors are booking out months in advance. Lead times for cabinets and windows? 12–20 weeks. Permits in some cities? Up to 3 months.
What feels like “We’ll get to it next season” can quickly turn into a year-long delay if you don’t begin planning now.
✔ Why it matters: Early planning means better design, clearer budgeting, and a finished space sooner than your future self thought possible.
Final Thoughts: Smart Renovation Is About More Than Looks
We all want a beautiful home — but smart renovation is about aligning your home with your life. It’s about function, flow, and finishes that support your day-to-day and reflect your aesthetic.
Whether you’re dreaming of a sun-filled kitchen, a better mudroom, or a second-floor addition that gives your family room to grow, the time to act is now. Not when it’s convenient. Not “after we finish one more vacation.” Now.