Qualified Remodeler Magazine

JAN 2016

Qualified Remodeler helps independent remodeling firms to survive, become more professional and more profitable by providing must-have business information, namely best business practices, new product information and timely design ideas.

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Closet Renovation CONSUMER S' VIE WPOINT AF TER COMPLETING THE PROJEC T: ¡ ¡ Top reason for doing the project: to improve organization and storage — 73 percent. ¡ ¡ Second most common reason: to add features and improve livability — 15 percent. ¡ ¡ Most important result: better function and livability — 43 percent. ¡ ¡ Sixty percent of homeowners have a greater desire to be home since completing the project, 45 percent have an increased sense of enjoyment when they're home, and 74 percent have a major sense of accomplishment when they think of the project. ¡ ¡ J OY S C O R E: 9.0 ¡ ¡ Only 4 percent of REALTORS® have suggested sellers complete a closet renovation before attempting to sell, and only 1 percent said the project most recently helped cinch a deal for them, resulting in a closed sale. COST RECOV ERY: ¡ ¡ NARI Remodelers' cost estimate: $3,500. ¡ ¡ REALTORS®' estimated cost recovered: $2,000. ¡ ¡ Percent of value recovered from the project: 57 percent. N A RI COS T M EDI A N $3,500 $2,000 N A R VA LU E M EDI A N New Wood Windows CONSUMER S' VIE WPOINT AF TER COMPLETING THE PROJEC T: ¡ ¡ Top reason for replacing their windows (vinyl and wood): to improve energy efficiency — 47 percent. ¡ ¡ Second most common reason: to upgrade worn-out surfaces, finishes and materials — 36 percent. ¡ ¡ Most important result: better function and livability — 31 percent. ¡ ¡ Sixty-one percent of homeowners have a greater desire to be home since completing the project, 51 percent have an increased sense of enjoyment when they are at home and 71 percent have a major sense of accomplishment when they think of the project. ¡ ¡ J OY S C O R E: 9.4 ¡ ¡ Only 4 percent of REALTORS® have suggested sellers add new wood windows before attempting to sell, and only 1 percent said the project most recently helped cinch a deal for them, resulting in a closed sale. COST RECOV ERY: ¡ ¡ NARI Remodelers' cost estimate: $26,000. ¡ ¡ REALTORS®' estimated cost recovered: $15,000. ¡ ¡ Percent of value recovered from the project: 58 percent. N A RI COS T M EDI A N $26,000 $15,000 N A R VA LU E M EDI A N EXCLUSIVE: REALTORS ® Remodeling Impact Report 28 January 2016 QR QualifiedRemodeler.com The Speed You Need Regardless of the job or project, you don't want a construction adhesive to slow you down. You need it to set fast, have excellent strength, and reliably work on a variety of building materials, so you can move on to the next task and not worry about call-backs. Titebond Fast Set delivers the bond you want, with the strength and speed you need. titebond.com/FastSet For more info circle 63

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