Home improvement is a term used to describe the construction, repair, replacement, alteration, remodeling, conversion, rehabilitation, modernization, or improvement of a dwelling house, or any building or structure attached to or associated with it. The definition of home improvement also includes the erection, repair, or replacement of driveways, sidewalks, patios, porches, fences, garages, fallout shelters, and other structures located on land which is adjacent to or adjoining to a dwelling house.
Some types of home improvements are more expensive than others, but all projects can add value to your property. If you are planning to sell your home in the future, consider talking to a real estate agent before beginning any renovations. Often, high-end upgrades such as a gourmet kitchen or a spa bath won’t add enough value to your home to justify the cost.
However, many people find a sense of satisfaction and pride in making improvements to their homes. Some homeowners renovate for their own enjoyment, while others want to increase a room’s functionality or appeal to prospective buyers.
Many types of home improvement are easy to do yourself, but a few tasks require professional help. For example, if you are planning on installing a new roof, it is important to find a qualified contractor. The last thing you want is to end up with a leaky roof or shoddy repair work that could cost you even more money in the long run.
According to the September NerdWallet survey, more than half of surveyed homeowners say they would be willing to hire contractors during the coronavirus pandemic — but they are still worried about whether they’ll find workers who can wear masks, follow proper safety precautions, and maintain proper sanitation in their homes.
Homeowners may also decide to improve their homes because of problems with a heating or cooling system, or because of damage caused by storms or by animals. In these cases, it’s usually possible to hire a local handyman to do the work for an affordable price.
Some of the most popular home improvement projects include sparkling bathroom overhauls and kitchen remodels. These projects can add value to your home and make it more comfortable for you to live in, but they aren’t guaranteed to pay off when it comes time to sell. According to a recent report from Contractor Growth Network, most homeowners don’t get the full return on their investment for these improvements.
The most valuable home improvement projects are those that are energy efficient. Installing new windows and insulation, for example, can significantly lower your energy costs. This can save you money and may attract potential buyers who are looking for a low-cost energy bill. Increasing your home’s efficiency may also qualify you for tax credits or rebates. These incentives are especially common for energy-efficient upgrades. Contact your local utility company or a government agency to see what programs are available in your area. These incentives can be a great way to finance your next big home improvement project.