Home improvement is the remodeling, altering, repairing, painting, or improving of residential or non-commercial real property. This is a common project for homeowners and can include construction or installation of: driveways, decks, patios, swimming pools, garden sheds, garages, kitchens, bathrooms, and more. The definition also includes the repair or replacement of floor coverings, windows, doors, and walls.
One of the most popular reasons to do a home improvement project is to increase the value of the property. However, it’s important to remember that not all renovations will increase the resale value of your home. In fact, some projects may even detract from the value of your home. Here are some tips on how to choose the right home improvement projects that will increase the value of your property.
While you may think that your new bathroom vanity will be worth the investment, you might be surprised to find out that it only adds about 40% to the resale value of your house. Similarly, spending money on a new kitchen will only provide you with an average of 60% return when it’s time to sell your home.
There are certain tasks that simply can’t be put off, such as a leaking roof or moldy basement. In those cases, the best option is to hire a professional. Professional contractors will have the right tools and experience to fix the problem quickly and safely. They’re also more likely to be covered by a warranty should something go wrong.