Home improvement refers to the renovation, remodeling or upgrade of a home or property. Generally, it is a project that is completed by a homeowner or by hiring a professional. The projects can be small or large and involve a wide range of tasks. Some of the most popular home improvement projects include kitchen and bathroom remodeling, adding new rooms, painting, replacing or repairing floors, wallpapering and landscaping.
Despite the coronavirus pandemic and sluggish economy, home improvement spending continues to climb. According to a recent survey by Axiom, homeowners are planning 115 million projects this year. In addition, 80% of those surveyed said that they typically stick to the budget they set for home improvement projects.
When people take on a home improvement project, they often hope that it will increase their property value. After all, who wouldn’t want a state-of-the-art kitchen or a swimming pool? However, these types of projects aren’t always worth the investment. In fact, some may even decrease a house’s value.
In order to make the best decisions about which home improvements to undertake, homeowners should talk to a real estate agent in their area. It can also be helpful to check out websites that offer home improvement advice. The information on these sites can help you avoid costly mistakes and plan wisely for the future. We may earn revenue from the products available on this page and participate in affiliate programs. However, the editorial content is independently selected and written by our editors.
