Why Now Is the Best Time to Plan Your Remodel in Minneapolis

Whole Home Remodeling

October 16, 2022

Homeowners across Minneapolis and the Twin Cities are wondering: Is now a good time to renovate my house? With the shifting economy, rising material costs, and evolving housing market, it's a valid question. But the answer is clear: Yes. Now is the best time to start planning your remodel. This resource digs into why you should start planning your remodel now instead of waiting to see if remodeling prices go down.

Here's what you can expect to learn about in this blog:

Should You Wait?

Remodeling Incentive

Will Costs Go Down?

How Long Does Remodeling Take?

The Right Remodeler

Remodel or Move?

Renovation Regret

Your Local Remodeling Expert

Should You Wait to Renovate Your Home?

Should you plan your remodel now or should you wait, see, and make a decision later?

The best time to start planning your remodel is right now. Remodeling takes time, from the initial design consultation to the final walkthrough. If you're hoping to enjoy your upgraded kitchen, basement, or full home remodel next summer, now is the perfect time to begin. Waiting could mean higher costs due to rising material prices, longer lead times, and continued uncertainty.

Our Remodeling Incentive for the Twin Cities

A recent tariff has gone into effect on imported kitchen cabinets and bathroom vanities. This change has the potential to significantly impact project budgets for homeowners who go with mass-produced or imported materials, most of all in kitchen remodels and bathroom renovations.

But here’s the good news: At Executive Remodeling, we build custom cabinets and vanities, crafted locally and tailored to your home. Not only do our clients avoid tariff-related price hikes, but our custom work is competitively priced and superior in quality. You can skip the extra prices and wait times when you remodel with us.

Will Home Renovation Costs Go Down Next Year?

Will home renovation costs go down in 2026? That's truly the question of the year. Let's break down what we know.

While no one can predict the future with certainty, current trends show steady cost increases in labor and materials due to global supply chain pressures and local labor shortages. It's unlikely prices will drop significantly, and they may increase more.

Remodeling now can help you lock in current pricing, avoid longer delays, and help ensure your home remodel is ready when you need it.

Waiting until "next year" to remodel your home means you might pay a higher price and wait longer to enjoy it. The best remodelers will book up fast. Planning your remodel now allows you to invest in a skilled Minneapolis remodeling team that can provide the best value for your money.

How Long Does Remodeling Take?

Another major reason you should start planning your remodeling project now is your timeline. The length of a home renovation project in Minneapolis depends largely on the size and complexity of the work. Smaller projects often take a total of 3 to 6 months from the first consultation to the final walkthrough. Basement remodels have their own timelines, depending on the existing space.

For larger projects like whole home remodels, timelines can range from 6 months to over a year, especially if you're tackling multiple spaces, structural changes, or dealing with an older home that may need system upgrades. Partnering with a transparent and experienced remodeling company, like Executive Remodeling, ensures you receive a realistic timeline and ongoing updates throughout your project.

Finding the Right Minneapolis Remodeler

Waiting to remodel might mean you're scrambling with other homeowners to find the best remodeling contractors for the job. Your friends and neighbors in the Twin Cities are also googling "remodeling contractors near me" and hoping to find the best team for their Minneapolis or St. Paul home renovation. Starting to plan now means you get on the schedule first, and locking in a remodeler is just as important as locking in your price. We have a list of questions to ask your contractor to help you make this big decision.

Should You Remodel or Move Right Now?

Perhaps, despite it all, you're still debating whether you should even remodel or just move instead. It’s the age-old question: Renovate or relocate?

Here are a few ways to determine what makes the most sense:

Do you love your neighborhood, schools, and commute? If yes, staying and remodeling may be smarter.
Can your home be reconfigured to meet your lifestyle needs?
Is it financially feasible to renovate versus buy in today’s market?

Remember, moving comes with hidden costs: commissions, closing costs, moving expenses, and potential renovations in the new house anyway.

We can help you explore creative remodel ideas to make the most of what you already own. Often, homeowners move and still decide to remodel. A Minneapolis home renovation is often the easier solution, but it's important to start planning early.

Will You Regret Renovating?

We're often asked if it's worth remodeling a home in Minneapolis or if someone will regret it. You won't regret a home remodel if you plan wisely. Partnering with a remodeling contractor who understands your home’s age, style, and structure makes all the difference. It's important to make a pros and cons list about remodeling, and consider it as an investment in your future. You can check out our cost guide resource to get an idea of what this investment might look like.

Your Local Remodeling Expert in Minneapolis

Our team at Executive Remodeling has been proudly remodeling homes for nearly 20 years. From Plymouth and Maple Grove to Edina and Eden Prairie and beyond, we know the unique challenges and beauty of homes of all ages in the Twin Cities throughout our service area. Whether you need a full home renovation or a basement renovation, we offer a transparent, step-by-step process, locally built custom cabinetry, and a portfolio that shows you just what level of quality you can expect. You benefit from our decades of experience remodeling older homes in the Twin Cities and our commitment to excellence.

Contact Us

William F.

Excellent. Prompt and great workmanship. Very little disruption to our routine, and they cleaned up professionally. Handled the dealings with the insurance company as repair was caused by hail damage. This made the whole process easy. They also brought all the samples to our house for selection which was very efficient for us. Highly recommend Executive Remodeling.

Reviews

Lee P.

Executive Remodeling did a great job redoing our basement. They were responsive, easy to work with, and flexible in dealing with the unexpected things that crop up. I totally recommend them.

Mark L.

'We recently needed some work done on our home and used Executive Remodeling. The communication and suggestions concerning our project were clear and very helpful. The workmen respected our home, were professional, left the worksite clean, and, when on-site, accommodated our need to be in and out of our home. The project was completed on time, and the costs were exactly as quoted.'

John S.

After meeting with several Twin Cities contractors to find the right fit for our dream home addition, we chose Executive Remodeling because we valued their honesty, experience, and straightforward approach to planning and project execution. The team was easy to work with and responsive. We were treated with honesty and integrity and got an incredible amount of value for our investment. We couldn't be happier with the results.

Laura S.

'I can't recommend Executive Remodeling highly enough! From start to finish, they were responsive, communicative, and very easy to work with. They built a bathroom addition for us and stayed on budget and timeline throughout the entire project. All the people they brought in to work on the project were also kind, competent, and efficient. The team at Executive Remodeling went out of their way to ensure that everything went smoothly and the project turned out great!'

Samantha M.

We used Executive Remodeling to finish our basement. As first time homeowners with no construction experience, we could not have asked for an easier process. Workmanship was incredible, everything ran on time, communication was excellent, and we couldn’t be happier with the end product. We would recommend them to anyone, and already have! We will definitely use them for any future projects that come up. Thanks so much to Ryan, Reed, and Katie!

Carlotta P.

1. This was our first big renovation. We weren't prepared for some of the decisions we needed to make before the project started. 2. Guidelines for what was expected of us before the project began wasn't clear, such as selection of: backsplash, lighting , tiles etc. 3. Once the project began, Executive Remodeling gave us a clear timeline with weekly updates. 4. Executive Remodeling staff was very courteous and respectful as were their contractors. 5. They informed us of what they were going to do with construction details i.e. - poly barriers, dust, etc. 6. They also had an excellent cleaning crew who did more than we expected. 7. We are extremely satisfied with the kitchen renovation and we will definitely have them involved in our other renovations.

Catherine R.

We emptied out the basement for drain tile then re-installed what was taken out to preserve the investment in our nearly 100-year-old house. Executive’s team was supportive every step of the way. Their optimism and 'can do' attitude were helpful as we discovered complications. They got the right craftsmen for every step. We even added a new garden window to the kitchen upstairs, knowing we could trust them to do a great install. We sleep well knowing our wiring is up to code, and we enjoy a great deal of natural light in the basement because of their work.

Bernie A.

The owners of Executive Remodeling were extremely helpful and honest in making decisions on our project. They stuck to what was in our budget. The workmanship was excellent. The workers were professional. The job was done very timely. We were extremely satisfied from start to finish. We highly recommend!

Karen A.

Our experience with Executive Remodeling was excellent from Day One! We had our entire basement done, and they were great at helping put together our ideas with what was doable, staying within budget, and turning out a beautiful finished product. All of the trades that came were professional, courteous, cleaned up well after themselves, and did a beautiful job. We couldn't be more pleased and heartily recommend them!