How Technology Will Fix the Home Renovation Industry

While many industries have utilized technologies and consumer-centric business models to dramatically enhance the consumer experience, the home renovation/remodeling industry stays fragmented and hard to navigate. This fragmentation and lack of transparency motives headline-making home improvement horror reports and drives an unhealthy mistrust between property owners and protection professionals.

Homeownership is an emotional event and a major investment – for many, the such a lot expensive funding they’ll ever make. Ongoing maintenance and demanding maintenance are essential to preserving this investment and lengthening a home’s importance over time. Our houses additionally have got to adapt as we flow through various existence phases – from our first home to raising a household and on through retirement. In addition to the financial aspects, updating our homes is crucial to making the so much of our quality of life, convenience, and security.

Today, nearly 60 percentage of homebuyers conduct preservation projects. America’s aging housing stock will continue to conform to fulfill the desires of adjusting demographic segments, from singles and younger couples to creating families, retirees, multigenerational households and more. Instead of choosing brand-new, turnkey houses in the burbs, a large phase of today’s homebuyers are choosing properties in or close urban facilities to have fun with the convenience of work, cafes, and stores within jogging distances.

New materials, methods, and technologies are redefining what we prefer in our homes. An multiplied recognition on energy performance and sustainability has pushed 20 percentage of homeowners to think about a minimum of one in all their tasks for “green” purposes. The will for “homes with character” is also contributing to the occurrence of domestic preservation projects. In short, it’s evident that the enterprise isn’t going to disappear whenever soon.

Unfortunately, this creating $400 billion industry is plagued with the aid of unknowns and doubt. This creates what we name “Renophobia” – an apprehension of renovation!

renophobia

When it involves home renovation, many don’t comprehend what to do first or how the strategy works such a lot effectively. Renophobia fears include quandary in selecting designs, materials, products and finishes, uncertain pricing, going over budget, trouble in securing financing, hiring a shady contractor, construction delays, and handling stress via the entire process.

The domestic maintenance industry shouldn’t be like this. Instead of being afraid, we have got to name for change and provide precious ideas – and that’s exactly what Kukun delivers.

What does this modification look like? It’s making the industry more transparent and navigable, which includes creating a usual language among homeowners and preservation professionals. Ultimately, we need to enhance the maintenance approach for every person involved.

The extremely good information is that Kukun is now leveraging technology, broad data, desktop learning, personalized tools and extra to facilitate easier, extra victorious home improvement experiences. Kukun is dedicated to recovering the preservation strategy and outcome for homeowners, contractors, lenders, realtors and all others engaging in this $400B/year arena.

We realize that we’ll in simple terms change the enterprise after we create a marketplace built on a transparent structure. That’s Kukun’s mission. We’re featuring extremely good information and building robust tools that help homeowners make extra advised decisions about the home renovation:

  • Kukun Academy presents a library, creating each day, of valuable information, advice, and creative thoughts to help you make the such a lot advised decisions and have fun with the best outcome on your project.
  • Instead of calling numerous contractors and chasing them right down to get an idea of what a preservation task will cost, homeowners can get a moderately accurate, customized solution to this query with Kukun’s Cost Estimator.
  • With our Recoup Importance Estimator, property owners can see how those renovations will affect the magnitude of their home, and then make a better-informed resolution about what to take on. Kukun constructed a machine-learning algorithm into the strategy that predicts the recoup significance using a range of data, adding dwelling sale history, allows that have been pulled nearby, the overall healthiness of the regional real estate market, crime rate, unemployment, CPI, etc.
  • Unlike other sites that function contractors who pay for visibility and cost contractor referral fees which are exceeded on and added to the cost of the renovation, Kukun helps you make the connection for free. Kukun’s Discover a Pro device facilitates clients to look for homes that have been renovated in their area, inclusive of the contractors who played the work. Kukun uses allow data to identify contractors’ history, and then vets whether they are licensed, insured, etc. Their on-line reputations are amassed by means of reports on countless systems and summarized in a readable format for the homeowner. With this approach, Kukun guarantees neutrality while choosing the correct professional – and contractors are by no means charged referral charges of any sort.
  • With Compare Quotes, contractors can put up their bids through Kukun in a steady format, allowing homeowners the ability to check these more easily – apples to apples.
  • Finally, using Kukun’s Manage, property owners can see the assignment schedule, take delivery of notifications for each task’s begin and end dates. Notifications to shop and finalize selections allows to restrict delays in having substances accessible when needed.
  • Kukun is constantly working on releasing more features that promise to change the industry in a favorable way and convey this antiquated, offline market into today’s world.

Read more: What is the destiny of 3d published houses?

Kukun is finally building a community. We’re right here to help homeowners. Yet we know successful, pain-free renovations simply ensue when these property owners can find the right professionals, and we realize it isn’t easy for gurus to realize the mandatory visibility. Kukun is ready connection and creating a standard language among property owners and maintenance professionals. Architects, interior designers, contractors, real estate agents, bankers – everyone fascinated by the domestic improvement enterprise can create a profile for free. We’d like homeowners to have effective protection experiences, and we want industry specialists to easily find jobs.

It’s time for the home maintenance industry to change. Discover Kukun today. Try out our tools and then tell us what you like, what we are able to improve, and how we can hold together with you to make your homeownership goals come true.

READ MORE: You Ought to By no means be Hiring a Contractor From a Directory

How Technology Will Fix the Home Renovation Industry changed into last modified: February 12th, 2021 via Raf Howery

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