Home improvement is the process of renovating or improving the interior and exterior of a house. It also refers to a person or company who undertakes this work. A person may choose to do this for a variety of reasons, including increasing the function and style of their home, adding space or making it more energy efficient.
Some popular home improvement projects include painting, replacing flooring, and updating lighting fixtures. Other projects can be more involved and require a professional contractor, such as building an addition or putting on a new roof. The National Association of Realtors (NAR) reports that homeowners have a strong interest in remodeling and renovation. A recent survey found that after completing one remodeling project, 86% of homeowners felt motivated to renovate again.
Having the right tools at your disposal can help you make informed decisions about which projects to tackle and how much they will cost. Using our free online tools, you can learn more about the most popular home improvements, how they add value to your home and smart choices that can save you money.
It is important to consider the resale value of your home before undertaking any major home improvement projects. For example, if you install an expensive fountain in your front yard while all the other homes in your neighborhood have simple lawns, it could detract from your home’s appeal to potential buyers. You should also consult with a real estate agent to discuss your plans and make sure you are spending money wisely.