There are many ways to improve the look of your home without breaking the bank. Home improvement projects can include new cabinets, countertops, flooring, paint, and even HVAC systems. Updating your home can increase its value for you and potential buyers. These projects can also add visual interest to your home. Some easy home improvements include painting the walls, changing out the window treatments, and changing the flooring.
Inflation has raised the price of many home improvement goods. Despite these price hikes, home remodeling spending has risen sharply in the last two years. The housing pandemic has caused Americans to focus more on their homes than ever before. Home prices rose 20% year-over-year last year, and materials costs were 400% higher than pre-pandemic levels.
The growth of home improvement has created an opportunity for home improvement professionals. A recent survey by Axiom found that almost half of consumers plan to hire a professional for some or all of their projects in 2021. In addition, a majority of DIY-ers plan to hire a professional for some of their home improvement projects in 2021, which is a huge boost for home improvement businesses.
When hiring contractors, it’s important to carefully research their reputations. It’s best to ask friends and neighbors for recommendations and get references. You can also check whether the contractor has proper insurance and licenses. Always check with your local building code office to ensure that your contractor is licensed and certified to work in your area. You should also compare the prices and timelines of several contractors.