Home improvement, also known as home renovation or house remodeling is the process of upgrading the interior and/or exterior of a residential home. This can be done for a number of reasons, including improving energy efficiency, making the home more comfortable, or simply updating the style and décor. Home improvements can also include adding rooms or expanding existing ones, as well as installing a new roof or driveway.
It is important for homeowners to find licensed, reputable contractors when performing home improvement projects. This will ensure that the contractor carries adequate insurance coverage and has passed a background check. In addition, homeowners should ask contractors to provide references from previous clients. Additionally, it is recommended that homeowners perform an online search for contractors to verify their license and insurance information.
As the coronavirus pandemic continues, many Americans are spending more time at home and tackling home improvement projects. In fact, about 3 in 5 homeowners have taken on DIY projects since March 1, according to a recent NerdWallet survey.
However, it’s important for homeowners to keep in mind that not all renovations will add value to their homes. In fact, some may even detract from resale. So, before you break out the sledgehammer, read on to learn more about which home improvements are worth the investment and which you should avoid.