Home improvement is the renovation of existing homes and the addition of new buildings to a property. It is a common project undertaken by homeowners, and it can involve a wide variety of improvements. Some of the more popular projects include installing new flooring, refinishing wood floors, adding on an addition or converting a basement. These projects can add value to the home and make it more livable.
Depending on the work involved, certain home improvements may also be eligible for tax deductions. A qualified contractor should be able to provide details about the tax credits available in your state.
If you’re thinking about improving your house, start with a plan. You don’t want to get carried away with ideas that won’t add value or be a good fit for potential buyers. Here are a few tips to help you stay on budget and focus on the most important home improvement projects.
Overhaul Surfaces Underfoot and Overhead
Carpeting, flooring, paneling, and ceiling tiles are magnets for dirt, stains, and dents. That’s why 5.2 million homeowners replaced their surfaces last year. Those and other interior upgrades were among the most popular home improvements in 2022, according to Remodeling Magazine. Other top projects included putting in a garden, converting a garage into a living space, and upgrading insulation.