There’s a reason that shows like Extreme Makeover: Home Edition, Trading Spaces, Property Brothers have been some of the most popular reality shows within the past decade — people enjoy renovating. It’s one thing to find the perfect home, but it’s quite another to be able to tweak and tailor it until it fits your specific desires.
Among the most popular areas in the home to renovate is the kitchen. Because the kitchen is such a high-traffic area of the home, homeowners want the room to look very good but also to be very functional. A survey in 2013 showed that 79% of of the people surveyed were remodeling kitchens to “improve their look and feel”. Stainless steel appliances and custom cabinetry factor into 65% of homeowners’ renovations. About 25% of women and 28% of men prefer sustainable products when furnishing/decorating their homes, so this explains why those appliances/cabinetry are so popular — they are very durable.
Besides traditional cabinets, pieces such as custom wine racks and cellars are also created by these businesses for consumers because they are so highly sought after. The wine-tasting industry is very big, which is why more and more people want custom wine racks and cellars to house their liquor collections. A minor kitchen remodel usually averages about $19,226, but more add-ons and customization raises the price accordingly. Because of the high demand for such specific customization, the US vanity and cabinet industry is thriving. The thousands of vanity/cabinetry businesses throughout the nation generate upwards of $20 billion annually.
Family rooms and dining rooms are very popular areas in the home to remodel, as well. In addition to furniture straight from stores/vendors, people also enjoy having pieces built, such as custom fireplaces, custom gun cabinets, and custom built bookshelves.