What do you get when you spend $600,000 on a remodeling job? For starters, an addition that doubles the size of the existing home. This whole-house remodel in Linden Hills is one of nine spendy projects on Midwest Home magazine's first Luxury Remodeling Tour.
The concept was modeled after the magazine's Luxury Home Tour, which held its 14th event in June, said publisher Jamie Flaws. "For this new tour, we only include bigger projects that focus on upscale finishes, materials and craftsmanship and a minimum cost of $100,000."
And with a strengthening economy and consumer confidence, there are more homeowners pulling the trigger and spending big bucks on everything from two-level additions to knocking down walls and opening up floor plans in homes they want to stay in for a long time.
"Housing values are rising, and it's less of a risk to invest and improve," said K.C. Chermak, who designed a Tudor renovation, which is open for inspection.
Michael Anschel of Otogawa-Anschel Design+Build agreed. "In the last year, I've seen a massive swing, where folks want nice materials and craftsmanship and can pay for that now that the economy is back on its feet," said Anschel, whose $150,000 modernization of a 1960s split-level is also on the tour.
Homeowners contemplating dramatic changes in their interiors can find out what's hot, as well as some of the smart choices others are making in their transformations.
Green products and materials that are less harmful to air quality and health are on more people's radars than ever before. Spacious kitchens that double as entertaining zones, and spa-style bathrooms still top the must-have list. But well-equipped mudroom additions for organizing everyone's stuff are coming on strong, said remodelers.
"We move so fast all day that when we come home, we want to decompress, disconnect and be comfortable," said Chermak.