Construction Costs

7 articles

Split image showing an old house undergoing renovation and a new construction site, symbolizing the US housing market's focus on repair over new builds due to affordability.
Home Improvement

US Home Age Sparks Renovation Boom Amid Affordability Crisis

Home renovation spending reached a record $450 billion in 2023, a staggering sum poured into an aging housing stock where the median home is now 40 years old.

Olivia Hart·June 28, 2026
A modern Michigan waterfront home with a new seawall facing rough waves on Lake Michigan, symbolizing the impact of climate change on construction.
Real Estate

Michigan waterfront home construction costs surge due to climate change

A single permit for a new seawall on Lake Michigan now costs upwards of $150,000, a figure unheard of five years ago.

Mason Clarke·June 9, 2026
Homeowner stressed over rising remodeling costs, with renovation plans and bills spread out on a table.
Home Improvement

Homeowners Face Mounting Remodeling Costs Amid Strong Growth

Metal molding and trim prices have surged by nearly 50% compared to last year, signaling a dramatic shift in the cost of home renovations.

Ethan Rowe·May 5, 2026
A homeowner overseeing a busy home renovation project, surrounded by tools and blueprints, symbolizing the ongoing remodeling boom.
Real Estate

Homeowner Remodeling Boom Continues Despite Rising Costs

In 2026, the number of remodeling firms in the U.

Mason Clarke·May 3, 2026
A homeowner stressed over renovation bills in a messy, partially updated living room, symbolizing the financial challenges of home improvement projects.
Home Improvement

2026 Home Renovation Trends: Costs and Budget Overruns

In 2025, over a third of renovating homeowners (37 percent) found themselves spending beyond their initial project budgets, a clear sign of escalating costs across the home renovation sector.

Clara Whitmore·April 22, 2026
A luxurious Vancouver home in the midst of a costly renovation, with construction materials visible against its modern architecture.
Home Improvement

Local firms see high costs for Vancouver home transformations

For a 2000 square foot home in Vancouver, a full renovation in 2026 can realistically cost between $450,000 and $700,000, pushing comprehensive home transformations into the luxury market, according t

Olivia Hart·April 21, 2026
A homeowner looking stressed while reviewing renovation plans amidst construction materials, symbolizing the financial burden of renoflation and unexpected remodeling costs.
Home Improvement

Homeowners Face Renoflation and Remodeling Sticker Shock

Many homeowners are experiencing 'renoflation' and remodeling sticker shock, with projects frequently exceeding budgets. This trend is forcing families to dip into emergency savings to cover unexpected costs.

Olivia Hart·April 3, 2026