Trends in Canadian Home Renovation for 2020, Post CoronaVirus
Coronavirus has caused many people to re-evaluate their household setup and priorities. One priority that came under scrutiny for many is their homes and what they look like. Home renovations have risen in popularity in recent months.
As such, home improvement financing in Canada also became much more popular. While it is fun to dream of renovating your home, such an undertaking doesn’t come cheaply.
If you’ve been considering a renovation yourself, we’ve got the top home improvements trends in Canada that you should keep an eye out for in 2020.
Luxury Is No Longer The Aim
It used to be that people renovated their homes for luxury, to live at extreme ease. But it seems Canadians have been moving away from that approach. Instead, they want quality, affordable spaces.
According to Forbes, categories such as high-end cabinet installations, flooring and cladding have seen a decline in demand. On the other hand, organising accessories and features such as soft-closing drawers and doors have become more in demand.
Newer condominiums like the Abeja District Condos are starting to reflect this change.
Smaller Projects
Rather than taking on the whole home, Canadians prefer to take on one or two renovations. They spend between $5 000 and $20 000 on these renovations instead of renovating the entire home in one go.
This is much more affordable and doesn’t cause as much discomfort by putting homeowners out of their homes.
By taking on one room or space at a time, it is much simpler to plan what needs to happen. Working out a proper and realistic budget is made easier as well, and the renovation can continue while the owners still live in the home.
Repairs Matter
When it comes to home renovation trends in Canada, it seems that the important things are getting the most attention. More than half of the homeowners who did renovations finished repairs on their homes. Basement Waterproofing Kingston is a popular repair that many homeowners are undertaking, giving them a new space to expand into now that more people are working from home.
Just over 24% of them opted to finish between 3 and 10 repairs. Instead of replacing, Canadians are repairing. If done right, this can save them a lot of money. However, even repairs can cost a lot of money.
Fortunately, there is some assistance to be given to homeowners. City dwellers with a Sam’s Club membership can depend on the retail giant for not only a service supplier but now there’s also home improvement financing Canada residents can utilize for their house upgrades.
More Research Is Done
Canadians are becoming a lot more knowledgeable when it comes to home renovations. They won’t let decorators and contractors lead them without knowing what’s going on themselves.
More than 85% of Canada’s homeowners will research price points and relevant information before they hire professionals to handle their major projects. For instance, they could be curious about getting rid of door handles, especially after the pandemic. So if in a province such as Quebec and french speaking they might look at a website similar to Architectura (French) to help them better understand this topic before proceeding.
Doing your homework will surely save you a lot of money and possibly prevent any future problems that could come from a lack of knowledge. For instance, for protecting the doors of your home from storms and hurricanes, you might opt for an iron door instead of a wooden one. This decision was obviously taken after a lot of research. At the end of the day, the main goal is to reduce the foreseen expenses and to plan accordingly.
Bathrooms And Kitchens – Top Priorities
A lot of focus is being placed on the heart of the home – the kitchen – as well as the bathroom. For instance, be it the bathroom accessories installation or repairing the dishwasher, most house owners might opt for strong mouldable Sugru glue or similar ones to fix it immediately. Usually, bathrooms are the ones that get tackled first during a home renovation.
Kitchens are usually the second room if the bathroom was done. Of course, even with knowledge and the desire to step away from indulgent luxury, kitchen renovations are pricey.
If you’ve been thinking about renovating your home, home improvement financing in Canada is a great way to get additional help.
You shouldn’t let a slight shortage of funds stop you from living in the home of your dreams. Just make sure you plan everything well and stick to your budget.