Home improvement, also known as home renovation or house remodeling, is the process of upgrading one’s home to increase its value and functionality. This may include renovating or repairing existing rooms or structures, as well as adding new ones. It could also mean improving a garden or landscaping, as well as working on the home’s heating, ventilation and air conditioning system.
For many people, the idea of doing a home improvement project is appealing because it can increase a property’s resale value and make living there more comfortable. Some projects are more cosmetic than structural, but even simple improvements such as painting and rearranging furniture can have a big impact on a room’s look and feel. Other more ambitious projects could include installing a new kitchen or bathroom, turning an attic or basement into usable space, or making changes to the exterior of the home such as replacing the roof or adding a deck.
While some homeowners go to extreme lengths to improve their homes, others are content with minor renovations that add comfort and style. Homeowners have developed a renewed interest in home improvement over the last few years, and spending on home renovation has increased.
This trend may be partly due to television shows such as Bob Vila’s This Old House and the rise of DIY culture. These programs show step-by-step renovations of historic homes and spawned a fascination with antiques and craftsmanship that has spread to the general population. Many stores now offer a wide range of historic-looking moldings and other materials to allow homeowners to add Victorian touches to their suburban homes.
Increasing home renovation projects and DIY interest have helped boost the business of home-center chains such as Lowe’s and Home Depot. These retailers have expanded their services beyond selling materials to include home improvement advice and assistance with projects. They have also diversified their product offerings to include more energy-efficient appliances and home furnishings.
In addition, the internet has opened up more possibilities for home improvement and has allowed people to connect with each other to share ideas and projects. Websites such as RenoCompare enable homeowners to compare prices for various home improvement and renovation projects and get tips from other users.
While some homeowners have the skills to complete basic home improvement tasks, for more extensive projects or those requiring professional help, hiring a contractor is usually necessary. It is important to find a qualified and reputable contractor who has insurance. In addition, before beginning any work, it is wise to consult with a real estate agent about the types of home improvement projects that will add the most value to the home and avoid those that may detract from its resale value. For example, adding a water feature and koi pond to the backyard might be nice, but it is unlikely to increase the home’s resale value since other neighborhoods may not have such features. It is also a good idea to make sure that the improvements are in line with neighborhood standards.