Home improvement is a growing industry. Many consumers have been able to take advantage of low interest rates to finance remodeling projects and other home improvement projects. The industry consists of companies that manufacture and sell materials, as well as those that provide installation services. Consumers have a wide variety of choices for projects, including updating shower areas, installing new kitchen cabinets and countertops, laying carpet or tile, and building decks and fences.
It is important to choose quality contractors when performing a home improvement project. Contractors should be licensed and insured, and they should have good business references and a solid track record. Consumers should also check if a contractor is registered with the local Home Improvement Contractors’ Registration Board, and they should be members of a trade association or have accreditation from a professional organization. Aggregators may also be an option for homeowners. These companies bundle home improvement service offers and act as an agency between contractors and consumers.
When deciding which home improvements to make, remember that some renovations are more valuable than others. It is important to consider resale value when selecting projects, and to avoid making upgrades that will detract from your home’s appeal to potential buyers.
Homeowners can add value to their homes with simple do-it-yourself (DIY) projects. Painting, re-grouting tile and power washing are some of the most cost effective ways to improve your home’s appearance and increase its value without going into debt or ransacking savings.