Home improvement is the repair, maintenance or restoration of residential real property. It encompasses a variety of project types, such as landscaping, roofing, paving, remodeling, painting, and constructing additions to homes or buildings. The home improvement industry also includes the sale of materials for these projects and the services performed by contractors, handymen and other workers.
Many homeowners choose to take on a home improvement project in order to increase their house’s value and/or make it more enjoyable to live in. However, it is important to keep in mind that not all renovations will increase your home’s value or make it easier to sell if you ever decide to move.
It is recommended that you get multiple estimates for any home improvement project before selecting a contractor. Contractors vary in price, skill level, experience, and reputation. It is important to hire a qualified and experienced contractor who can complete the project within your budget. The contract should clearly state the project description, materials to be used and approximate dates when the work will begin and be substantially completed.
The newest trends in home improvement show that more people are choosing to stay put rather than trading up or moving into a new house. This is due to historically high mortgage rates and a growing sense of security that comes from owning a home instead of renting an apartment or paying for storage.