Home improvement is a broad term that describes renovation, remodeling or making additions to one’s personal home. The goal is to increase the property’s value and/or to make it more functional.
Home improvements can include projects that add to the overall beauty of a house, as well as improve its structural integrity. This can include a new roof, adding an extension, or putting in a swimming pool. Other common home improvements are painting, re-grouting tile, replacing fixtures and appliances, or upgrading the heating, ventilation and air conditioning system.
Many people choose to renovate their homes in order to increase the resale value. However, not all home improvement projects will add value to a home. In fact, some renovations may actually decrease resale value due to dated designs or overly personalized features that don’t appeal to potential buyers.
If you’re planning to sell your home in the future, it’s important to choose a project that will attract the highest number of potential buyers. This will ensure that you’ll get the most return on your investment when it comes time to sell.
Before starting any home improvement project, it is important to establish a budget and find a reputable contractor. Be sure to read reviews and ask for references. It’s also a good idea to get all contracts and warranties in writing. In New York state, the contract should include a payment schedule and details about the work to be performed. For example, it should specify the type or brand of materials to be used and provide for a completion date when the project will be substantially completed.