Home improvement is a way to add value to your house. There are many different ways to do this, from remodeling your kitchen or bathroom to adding an addition on to your home. Many of these projects can be done on your own, while others require a contractor. Before you start any project, it is important to do research to find out what kind of return on investment you can expect and how much the project will cost. Also, it is important to select projects that will appeal to future buyers if you plan on selling your home.
One of the biggest changes in home improvement has been in the category of work outside the house. For example, building decks has more than doubled and putting up fences has increased by about the same amount. Anderson says this reflects people’s desire to spend time in the yard and to create outdoor living spaces.
Another big trend is the increase in energy efficiency improvements. This includes new doors and windows as well as insulation. Anderson says that these projects are often a good investment, especially with the low interest rates currently available.
The big question about any home improvement is whether the work will increase your home’s resale value. Anderson says that some projects will, but it is important to be selective about what you do. For example, an extra bedroom or bath will usually add value, but not every type of addition will. It is important to talk to a real estate agent about what types of renovations will add the most value to your home.
If you do decide to do a home improvement project, be sure to hire a reputable contractor. Check references and make sure the company is insured and licensed. Also, it is a good idea to get a written contract before the work starts. This will help protect you from over-charging and other problems that could arise during the project.
Ultimately, the goal of any home improvement project is to make your house a better place to live. Some projects will increase resale value, while others simply improve your enjoyment of the house. Either way, there are many home improvement ideas for homeowners of all skill levels and budgets. By following these tips, you can achieve the best results possible.