A global pandemic is not the kind of event that is good for business. Indeed, Covid-19 has crushed countless industries around the world, forcing many into bankruptcy and shuttering many longstanding businesses for good. However, some industries are managing to stay afloat and even thrive despite the ravages of this deadly disease.
Indeed, the home improvement business has seen a surge in demand over the past year. Many people are looking to upgrade their living spaces, especially if they will be working from home for the foreseeable future. Nowadays, contractors hear from clients who are diverting funds from canceled vacations, eating out, and going to the theater to finance repairs and addition to their homes. With this in mind, we have picked out some of the most popular home renovation projects taking place during Covid.
One of the categories of home improvement seeing the greatest increase in activity has to do with being outside of the home, especially in the backyard. According to Max Anderson, chief economist at Porch.com, there has been nearly a threefold increase in deck construction.
And adding a deck to your home is one of the best projects to get a decent return on your investment. If you’re undecided about materials, wood appears to hold its value over decks constructed with composite boards. As Covid keeps people confined to their homes, many people are transforming their outdoor spaces into extensions of their homes.
A great way to refresh your home’s exterior and add to its curb appeal is by giving it a new coat of paint. One of the chief advantages of painting outside is that it can be done just as safely as before the onset of the coronavirus. Exterior painting has become a popular home improvement these days because it is easy to maintain the requisite social distancing and other Covid safety measures.
Generally, painters keep their distance from each other while prepping and painting the outside of a home anyway. In fact, a homeowner can conduct the business of hiring a contractor virtually and have their crew complete the job without ever coming into close contact with the homeowner or their family.
A roof repair or installation is another type of home improvement that can be completed without crews ever entering your home. Because your roof plays a central role in protecting your home from the elements, it is important to do the work as soon as possible to avoid further damage. Although stay at home orders and local legislation keeps shifting from day-to-day, a roof repair can be completed easily and effectively without the threat of coronavirus exposure. As a result, there is no reason to delay this kind of repair if you suspect there is a problem such as a leak or mold.
While Covid-19 will probably continue to impact us throughout the balance of 2021, exterior home remodeling projects will also remain popular. Indeed, Houzz, an online home improvement platform, has recorded up to 60% increases for some months over the year before. In addition, contractors working on outdoor spaces should continue to reap the benefits of greatly increased demand. Homeowners that are resigned to spending much more time at home are eager for remodeling projects that will either upgrade their homes or enable them to get more enjoyment out of their living spaces.