Wondering whether now is the  time to refurbish your bathrooms or kitchens?  Remodeling projects are  infamous for the time and trouble they take to complete, despite Home  Improvement companies' marketing efforts to make it look swift and easy.    
I think these web sites  actually harm their customers by pushing for a commitment people may not  be ready for, so I thought that, instead, posting some information on  the topic would help my readers be more realistic in their planning for  the project budget and timeline.
When Do Most People  Decide to Renovate?
Children are actually the  best indicators for remodeling projects.  According to a new consumer  market resource, the HomeSight  project, “Kitchen remodels are the province of "Empty Nester" life  stage (36%) and of "Mature Families"- those with teenage and young adult  children still in the household (43%).”  That means that 80% of all  remodels occur when the children of a residence are between the ages of  13 and 24.   
So, if your last child is six years old and you are beginning  to fantasize about shiny new kitchen faucets, you may want to channel  that desire into the planning of a renovation to begin six or ten years down the road, rather than pushing a  decision too quickly.  The same resource goes on to say: “In fact, one third of all home remodel  projects currently under way will be postponed for as long as five  years. Of those delayed, 17% will never be completed in full.”  Just imagine having a gutted  kitchen/bathroom lying idle and unused, needlessly.  Much better to  spend more time on planning and avoid project delays.
Project Scope
Other sources of concern for  families considering renovation:
• Will  I be able to stop with one room, or...
• Will the budget explode,  mid-project and bankrupt me before I can enjoy or sell the results?
Often,  in the beginning stages of the project, consumers realize that changes  in one room will precipitate renovations in other rooms in order to  preserve a sense of balance and harmony in the residence.  For instance,  most who consider replacing one of their faucets, say, in the kitchen,  will replace bathroom fixtures, as well.  So, it is generally better to  plan for renovating all of the utility rooms in the same project.  This  will make the budget more realistic, so you can plan for it.
Speaking of Budget  Expectations
More  food for thought:
• No matter how much money is  involved, renovators see a consistent 13% increase in budget from start  to end of project
• Average  return on investment (ROI) for kitchen and bathroom remodeling projects  above $15,000 ranges from 80-93%
Who Renovates Bathrooms  and Kitchens?
While  men tend to renovate entertainment centers and basements, studies show  that women see kitchens and bathrooms as expressions of themselves.   This means that kitchen and bathroom remodeling projects, including sink  and faucet replacement, are most often completed, in the end, by professionals,  rather than by husbands.
More  behind-the-counter information can be found at:
 
