Home improvement is the process of renovating or improving an existing home. This includes interior work such as painting, wall papering and flooring, as well as exterior work such as landscaping or building a fence. Some home improvements are strictly cosmetic, while others may improve the energy efficiency of a house or add a safety feature. The industry is large, with many stores and online businesses catering to homeowners seeking to improve their property.
A new front door is a quick and inexpensive way to instantly improve your home’s curb appeal, ranking high on the Cost vs. Value Report. Other cheap but effective home improvement projects include painting, re-grouting your tile backsplash or replacing the toilet. For more involved projects, a professional contractor will likely be required.
The most popular home improvements are sparkling bathroom overhauls, followed by kitchen renovations. But while these projects will often add to your home’s resale value, it’s important to remember that your own comfort and enjoyment should be the main reason for any remodeling project. If you’re renovating with a view to selling, consult with a real estate agent about what kinds of renovations will attract buyers.
It’s also important to know which projects will give you the best return for your money. According to Remodeling Magazine’s Cost vs. Value report, an entryway upgrade, such as a new front door or updated walkway lighting, will typically provide the biggest bang for your buck, adding nearly 72% of the cost back to your home’s value. However, a basement remodel and a master suite addition won’t bring in as much of a return on investment.
Some home improvements are essential for keeping your family comfortable, such as repairing a leaky roof or upgrading the electrical system. Others can be done to increase your home’s security or to accommodate a disability. In some cases, a homeowner may wish to make an improvement for financial reasons, such as lowering energy costs or making the home more attractive.
Whether you’re looking to do some simple DIY home improvement or plan a major remodel, you can find the information and resources you need to get started on your next project at The Home Depot. From inspiration to tools, we have everything you need to transform your space.
There are a variety of ways to pay for your home improvements, including credit cards and loans. You can also use a home equity line of credit, which is backed by your home’s equity and offers low interest rates. And, if you’re a qualified home owner, you can take advantage of special tax deductions on some types of home improvement projects.
It’s a good idea to get estimates from several different contractors before beginning any home improvement project. This will help you find the right balance between quality and cost, and make sure all necessary permits are in place. You should also check with your local permitting office for specific requirements in your area. Finally, it’s a good idea to familiarize yourself with local zoning laws before you begin any home improvement project.