According to the Truth about Kitchen and Bathroom Renovations Survey, conducted by Hausera, examples of past projects is the most important factor consumers use to select a showroom or design professional to design their new kitchen or bath. Pictures of completed projects were more influential than online ratings and reviews! 38% of respondents reported a professional portfolio that shows examples of past work mattered the most in selecting a company to renovate a kitchen, bath or laundry room. 35% of respondents used recommendations from family or friends as the main criterion for selecting a remodeler and 35% said online ratings and reviews mattered the most.
The survey queried homeowners across the US in all age groups of which 80% had undertaken a kitchen, bath or laundry room renovation in the past two years and 60% reported that they plan to renovate in the next two years. The primary reason, cited by 41% of respondents, for renovating is adapting to family or lifestyle change due to a disability or aging in place. Additional reasons are to increase the value of a property prior to selling cited by 38% of respondents and improve the functionality of existing space reported by 38% of respondents.
Nearly 70% of respondents relied on a specialty design professional such as a kitchen designer to design their new kitchen, bath or laundry room. Others homeowners relied upon for their renovation included interior designers (61%), remodeling contractors (58%) and architects (45%).
Staying on budget was the number one challenge for their renovation, followed by finding the right professionals and financing their projects.
Smart internet-connected products were identified by 48% of homeowners on their wish lists that included smart lighting systems (58%), hands-free faucets (52%) and Wi-Fi connected refrigerators (47%). 51% of homeowners reported that they plan to buy products that are environmentally efficient. The most wanted green products were energy efficient lighting (52%), energy-efficient dishwashers (49%), water conserving showerheads (45%), toilets (43%) and faucets (42%).
So how can we use this information to grow our businesses?
- Make sure you have professional quality photos of your finished projects on your website and social media outlets, and a professional portfolio that puts your projects in the best light.
- If the primary reason why consumers are renovating are to age in place gracefully, tout your universal design capabilities and products.
- If staying on budget is the number one challenge for homeowners undertaking kitchen and bath renovations, are you providing guidance to enable them to do so?
- If financing is the third biggest challenge facing homeowners remodeling, can you provide assistance?
- Is there a reason why you are not displaying energy-efficient lighting, toilets, faucets in your showroom? Is there a reason why your displays don’t feature hands-free faucet operations.
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