Looking to start a business in the remodeling industry? Your timing couldn’t be better! Discover why the market is hot and what trends to expect in the coming years.

State of the Home Remodeling Industry

Home remodeling surged during the pandemic in 2020 as homeowners cut back on recreational spending and invested in their homes. As the impact of the pandemic wanes and homeowners tighten their belts to cope with high interest rates, growth in home remodeling is normalizing.

“After several years of frenzied activity during the pandemic, owners are now making upgrades and repairs to their homes at a steadier and more sustainable pace,” said Carlos Martín, director of the Remodeling Futures Program at Harvard University’s Joint Center for Housing Studies in a statement.

Yet, the outlook for the industry is very bright, and demand for home remodeling is strong:

  • In the third quarter of 2024, the home remodeling industry was up 44% from the same period in 2019 and it’s poised to gain strength in 2025.
  • Annual expenditures on residential remodeling are forecast to grow 1.2% to $477 billion through the third quarter of 2025.
  • The S. home decor market, an important sister market, is also performing well. It was valued at nearly $135 billion in 2023 and is projected to reach $180 billion by 2030.

Our nation’s aging housing stock is ensuring ongoing demand as homeowners make aesthetic changes to match current design trends and add smart home technology. Customers vie for options that improve efficiency and look eye-catching, such as hands-free cabinets. According to U.S. News & World Report, some popular design trends include adding elements of nature, office space, and small porches.

The Best Way to Open a Remodeling Business: Franchising

There are many options for investing in a remodeling business, but certain benefits come from buying a franchise.

  • Reduced risk of failure: You get the advantage of the franchisor’s expertise and a proven business model to follow right out of the gate. Starting from scratch may take years to figure out what works best. Why struggle through the long-term process of trial and error when a ready-made opportunity is knocking on your door?
  • Access to franchisor support: Investing in a strong franchise will also give you access to franchisor support, from training to advertising. This support can be critical, especially if you don’t yet have experience and industry knowledge.
  • Niche service: Many franchise opportunities focus on a niche remodeling service, enabling owners to become experts in their specialty. You can find franchises providing everything from flooring and painting to window replacement and bathroom remodeling.

Why is Bath Tune-Up an Ideal Remodeling Franchise?

Bathrooms topped the list of home remodeling projects homeowners planned to tackle in 2024, according to the Home Improvement Research Institute.

Bath Tune-Up specializes in more convenient and less time-consuming ways for homeowners to get a beautiful new bathroom. Our bathroom renovation franchise uses curated designs to streamline decision-making and offer everything from a simple facelift to a full-scale remodel.

At Bath Tune-Up, your success is our success. No remodeling experience is necessary for you to be successful. We provide training and ongoing support from our expert operations team with years of industry experience.

Bath Tune-Up’s proven systems are thoroughly vetted, and we negotiate relationships with all the suppliers you’ll need. Choosing our franchise brand gives you access to a highly-trained team of marketers to help build your new business’s reputation in your local area.

Remodel Your Future

Inquire now to learn more about teaming up with Bath Tune-Up to pursue entrepreneurship in the home remodeling industry.

Explore the Next Steps.

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