Home improvement is a type of renovation or remodeling that improves a home’s interior and exterior. It can include work on electrical and plumbing, as well as construction or repairs to an existing house. A homeowner might perform a home improvement project for a number of reasons, including increasing the home’s value, improving energy efficiency or simply modernizing it.
One of the few certainties in life is that if you own a house, eventually you will need to do some home improvements or repair projects. These tasks may be caused by wear and tear, the need to replace worn components, or a desire to add something new to the property such as a deck, fence or patio. Home improvement projects also often arise out of the need to fix urgent problems, such as a leaky roof or moldy basement.
The most popular home improvements are kitchen and bathroom renovations. These projects can increase the resale value of the home and make it more appealing to prospective buyers. However, it is important that any kitchen or bathroom remodels are done by a qualified and professional contractor to avoid any costly mistakes.
Many people are putting their major home renovation projects on hold during the pandemic, and spending more money on smaller do-it-yourself fixes. Retailers Lowe’s and Home Depot both reported this week that customers are hitting pause on big-ticket items such as tub-to-shower conversions and replacing appliances. However, both stores report that consumers still want to spend money on lower-cost, do-it-yourself projects such as painting and replacing the front door.