Home improvement is the process of making improvements or repairs to the structure and fixtures in a home. It includes a wide range of projects, including adding or repairing rooms, installing new floors, removing old carpet, and painting. Home improvement can be expensive, but it is a great way to add value to your home and make it more comfortable.
A homeowner’s choice of home improvement contractors can have a significant impact on the cost and timeframe for completion of a project. Choosing the right contractor requires researching each candidate’s background, insurance coverage, licensing requirements and customer satisfaction history. Some contractors may also be members of industry associations or accredited by a professional organization. It is also a good idea to check business references and speak with previous clients.
Despite concerns about a slow economy, homeowners are continuing to spend money on home improvements. According to the Joint Center for Housing Studies of Harvard University, “the latest leading indicator suggests that homeowner spending on remodeling and repairs will continue to increase through 2024.”
In addition to improving a home’s value and appearance, some projects are designed to improve a home’s energy efficiency. For example, replacing outdated windows and doors with new, more efficient models can result in considerable savings on heating and cooling costs.