Home improvement is any type of construction-related activity aimed at making changes or upgrades to one’s home. It encompasses activities such as painting, resurfacing the driveway, putting up a fence, a porch swing or even building an addition. It also includes home remodeling projects such as renovating a kitchen, installing new carpet or flooring, and replacing electrical wiring. It can be done on a DIY basis or with the help of professional contractors. Many do-it-yourself books, television shows and YouTube “how to” videos are available to assist homeowners with home improvement projects.
The home improvement industry has shown excellent growth results in recent years, especially during the COVID-19 pandemic, as homeowners focus on renovations and improvements to their homes. It is important for homeowners to choose the right contractor, as they can vary widely in price and quality of work. This is why it is important to check a contractor’s references and license prior to hiring them for a job. Some online aggregators offer lists of licensed and insured contractors.
It is also a good idea to choose common house renovations that are more likely to appeal to buyers, as these will add value to the property and increase its chances of being sold at a good price. These types of projects can include updating bathrooms, adding an extra bedroom or bathroom, refinishing hardwood floors, and installing a new kitchen sink or dishwasher. Some home improvements may be tax deductible, depending on their cost and purpose.