Millennials get a bad wrap on many things.
Millennials, loosely defined as people in their 20s and 30s, are portrayed by many as knowledgeable, but entitled, and maybe not willing to pay their dues. As more millennials become interested in home remodeling, many companies are asking themselves about the best method for working with them.
A few tips on the subject can be found on the Markup & Profit blog titled “Generational Differences.”
The writer, Michael Stone, breaks it down like this: Working with millennials has its rubs, but it’s not much different from working with any other age group.
First, he says, millennials do a lot of shopping and note taking online. So, remodelers without extensive online profiles and social media channels will miss out on their business.
Second, millennials carry the perception of being informed. That may be true on other issues, but when it comes to construction, millennials are like most other consumers in that most of their construction knowledge comes from misleading reality TV programs or online reviews.
Third, and probably most important, they are likely to choose a contractor based on price. But this is also true of pretty much every other demographic! So, it falls on remodelers to clearly outline the process, explain the importance of using the materials you are planning to use, show places where you can effectively cut corners, and what projects make the best return on investment.
You know, like you would for any client.
Be sure to check out the MK Cabinetry Shop for some cool vanities and storage accessories, such as the Adler 31” vanity in grey shown up top!
Have a good week!
Nobody likes spending more money than they need to spend.
Luckily, for those people looking to remodel, there are guidelines available that can help you avoid losing lots of money on a project.
Every year, Remodeling Magazine puts out a Cost vs. Value Report. This year’s report is in, and the results might surprise you.
U.S. News & World Report (5 Home Renovations that Pay off [and 2 That Don’t]) and 24/7 Wall Street (9 Home Improvement Projecs That Will Pay Off The Most In 2017) have great articles about many of these projects.
Here are some findings, in no particular order:
A front door replacement recoups 90% (!!!) on average. Minimal cost produces maximum value.
A garage door replacement recoups 85% on average. Again, modest cost produces maximum value.
Replacing windows recoups 74% on average. Middle of the road cost produces good value.
A minor kitchen remodel (around $20,000) recoups 80% on average. Higher cost but good value.
You can play around with the Cost. vs. Value Report right here. Let us know what you find.
Have a great week!
2017 is here, and with a new year comes a new round of remodeling trends.
A Chicago area remodeler recently offered their trends to a Pioneer Press (St. Paul) columnist, and most of them match up with the needs of Valley residents.
Every remodeling trend piece begins with the kitchen, and it looks like 2017 is no exception. People spend a lot of time socializing and working in their kitchens, so remodeling to include an island will be a big hit. The additional space helps with entertaining and working, as well as cooking.
Classic appeal will also rule in 2017. The article notes that white cabinets and subway tile are still strong in most homes. Both offer clean looks with timeless appeal.
Outside of the kitchen, the article says making master suites truly amazing will continue in the new year. Matching the impressive trifecta of bedroom, bathroom and closet space found in most luxury hotels excites many homeowners.
Other trends include low-maintenance flooring and mixing and matching textures, the article says.
Whether you are looking at all of the trends or just one, MK Remodeling & Design is ready to lend its expertise and help you meet any home resolutions for 2017.
Have a great week, and happy new year!
