Niv Levy: Insights Into Popular Home Renovation Projects
Jan 8, 2026
Each year, more than 50 percent of American homeowners plan to undertake a home remodeling project. Home remodeling projects can enhance both the functionality and aesthetic appeal of a residence, while also increasing the property’s value for homeowners planning to sell. Individuals and families can explore various unique options when undertaking a home remodeling project, including kitchen remodeling, bathroom remodeling, outdoor remodeling, and whole-house remodeling projects.
Homeowners may pursue kitchen remodeling projects for various reasons, including a desire to modernize the space. The cost of a kitchen remodel can vary significantly depending on the project’s scope and the materials used. For example, a project that involves renovating wood cabinets, an island, and countertops costs considerably less than installing a gourmet kitchen with custom cabinets, a tile backsplash, and built-in, commercial-grade appliances. A properly executed kitchen remodel can provide a healthy return on investment (ROI) for owners, ranging from 70 percent to 113 percent, though costlier projects tend to have a lower ROI.