Home improvement is the repair, maintenance, and restoration of residential real property. Improvements can add value to the property, increase the efficiency of the home, or simply make it more aesthetically pleasing. Common home improvement projects include painting, landscaping, building a deck or patio, and installing a fence. Some projects are relatively minor, such as repainting a room or replacing window blinds, while others are extensive, such as adding an entirely new bathroom or kitchen. The most important factor in deciding what improvements to make is the homeowner’s budget. When choosing a contractor for a home improvement project, it is important to get several estimates and to check references. It is also advisable to choose a contractor who is licensed, insured, and bonded. This will protect the homeowner in the event that a worker is injured on the job or if damage occurs to the property during the course of the work.
The home improvement industry has experienced excellent growth results in recent years. This sector encompasses the sale of materials and appliances for renovations, as well as services provided by contractors and tradespeople to modify or upgrade homes. The COVID-19 pandemic spurred a boom in this market, with consumers spending more time at home and seeking ways to make their existing spaces more comfortable.
According to a report by the National Association of Realtors, homeowners who undertake major home improvement projects typically receive a greater return on investment than those who make less-expensive repairs and improvements. However, the NAR warns that not all renovations are created equal. Some might even detract from a home’s value if they are too personalized or out of line with the style of other houses in the neighborhood.
The most popular home improvements are kitchen and bathroom renovations. Replacing or repairing countertops, cabinets, and fixtures is a cost-effective way to modernize a space and add functionality. Homeowners can also increase their property’s resale value by upgrading to energy-efficient appliances and installing solar panels.
Adding storage is another smart home improvement. Increasing the amount of available storage in a kitchen, for example, can make it easier to keep the space clean and uncluttered. In addition, adding open shelving can provide an attractive display for cookbooks and other decorative items.
One of the best ways to add curb appeal is to landscape the front yard. A well-designed garden can make a great first impression and increase the property’s value. Planting trees, shrubs, and flowers in the proper seasons can enhance a yard’s beauty all year round. A mowed lawn and well-maintained walkways are also key to a good-looking front yard.