Home improvement is the alteration, renovation, repair, restoration, or improvement of any part of a residential building. This includes, but is not limited to:
Remodeling and home improvements can be a great way to increase the value of your house as well as make it more enjoyable to live in. However, it is important to consider the pros and cons of each project before you begin. Some projects may not add any value to your home and could even decrease its resale value. Others are likely to increase your home’s resale value, while providing a high return on investment. In addition, some home improvement projects can be dangerous and should only be completed by a professional.
According to the National Association of Realtors, home remodeling was on the rise during the pandemic. This was due to many homeowners taking advantage of mandated time at home to do work on their homes. In addition, the labor shortage and spike in materials prices caused a dramatic increase in cost for projects that were once affordable.
The eight-season run of the popular sitcom Home Improvement ended in 1998 when star Jonathan Taylor Thomas left to focus on his acting career. However, the character of Randy continued to appear in some episodes after the series ended and also in archived footage.
There are many reasons to make improvements to your home, from adding a new bathroom to updating your kitchen. However, it is important to consider your budget and timeline before beginning any project. Choosing the right contractor is also essential to ensure your project is done correctly and within budget.
During the boom in home improvement, a lot of talk centers on a homeowner’s potential ROI (return on investment). While this is a good indicator for how much you could expect to get when you eventually sell your home, it is not the only factor to consider. Your comfort and enjoyment of your home are also important and should not be sacrificed to maximize resale value.
Some improvements, like a new HVAC system or new windows, are likely to pay for themselves during the life of your home through lower energy bills. Other projects, such as painting your living room or cleaning out your rain gutters, may not provide a large return on investment, but are still important to keep your home in good shape and avoid costly repairs later.
Depending on your situation, it may be best to hire a contractor to complete the larger home improvement projects. But, don’t be afraid to tackle small DIY projects yourself if you’re comfortable. These projects can give your home a fresh, updated look and may be the perfect way to enjoy some time at home this fall.