In the past five years, remodeling has steadily increased to impressive rates, stimulating growth in the home improvement supply market. And emerging reports from the National Association of Home Builders shows no sign that this trend is turning around. In fact, estimates suggest that remodeling in the U.S. will increase by 1.6% in 2019 and another 1.1% in 2020. If you’re a homeowner that’s due for an upgrade, here’s what to know about this remodeling surge and how you can prepare for it.

What’s Driving the Remodeling Trend?

In general, many consumers consider home improvement to be a better investment—and less expensive—than buying a new property altogether. But apart from the housing market, there are many other forces behind the remodeling surge.

Long-time homeowners, such as those from the housing boom of the 90s, are now looking to make improvements to keep their properties structurally sound and energy-efficient. Those who plan on selling their homes in the near future, may also find remodeling is a fantastic way to boost their overall resale value.

These projects can also offer a variety of practical benefits. For example, as more American seniors opt to “age-in-place,” remodeling allows them to create living environments that are safer and less restrictive. On the other hand, millennial homeowners who are growing their families, may find that adding on to their current residence is much more affordable than buying a new home.

What Projects Are Homeowners Investing In?

With a desire to entertain at home, rather than go out, many homeowners are looking for ways to make their properties more welcoming. For example, fencing and deck supply purchases are increasing as more consumers want to make better use of their outdoor space.

If you’re feeling cluttered, you may be among the many consumers who are ready to improve their storage. Some homeowners are doing this by replacing lofty cabinets with easy-access built-in drawers—such as those found in kitchen islands. Home improvement supply markets have also noticed an uptick in lumber purchases to assist with custom garage and closet construction.

Natural wood remains one of the most popular home improvement supply products in the current market. For instance, many homeowners are switching out carpets for wood floors or expanding windows to enjoy more energy-efficient lighting.

Given the upward trends in remodeling, consumers can expect for home improvement supply demands to increase considerably. Fortunately, you can stay ahead of demands for labor and materials by planning with Huber Lumber. With a commitment to customer service, this provider offers an immense inventory of building materials in the Greater Cincinnati, OH, area. Whether you need lumber for decking, flooring, or kitchen cabinets, this supplier will help connect you to high-quality resources to fit your exact project needs. Visit this lumber supply company online to learn more about their products; or, call (513) 731-4035 to speak with a friendly expert.