Home improvement is the ongoing renovation of a residential dwelling. This can include interior and exterior remodeling, additions and improvements to existing structures. The practice of home improvement is popular with homeowners and can be a great source of satisfaction and enjoyment. In the past, largely male dominated work such as carpentry was often associated with the activity of home improvement but in recent years women have become more active participants and the activity has become increasingly democratized. With a little know how, anyone can successfully complete many common home improvement projects.
The home improvement industry saw a boom during the pandemic and is predicted to continue growing into 2024. In general, home improvement projects have a high return on investment, especially those that increase efficiency and curb appeal. A fresh coat of paint, a new kitchen island or adding a deck are all simple, cost effective ways to improve your living space and add value to your home.
More complex upgrades, like adding a master suite, can also significantly boost your home’s resale value. However, it’s important to remember that your comfort and enjoyment should be a priority in the decisions you make about your home. If you remodel solely based on what will bring in the most money when you’re ready to sell, you could wind up with a house that doesn’t feel like your own.
When it comes to completing home improvement projects, most people prefer to do the work themselves rather than hiring contractors. But, be careful not to overspend or go into debt while attempting DIY projects.