Home improvement is a broad term that refers to the remodeling, altering, repairing or painting of a residential or non-commercial property, or the making of additions to it. These projects can be carried out to make a home more comfortable, to improve its safety or to increase its value.
The costs of these projects are significant. They can put a strain on household finances and can be hard to pay for without tapping into savings, going into debt or making other sacrifices.
But there are ways to spruce up your home for less and add real value without breaking the bank. Some of these upgrades are as simple as adding crown molding and re-grouting tile.
Choosing the right project for your home is a big decision. It is important to consider why you are planning to complete the project, how much it will cost and whether the upgrade will actually increase your home’s value or function.
Renovating or adding a room, such as an extra bathroom or kitchen, is a popular choice. This makes the home more functional for your family and may also be more appealing to potential buyers if you decide to sell in the future.
For larger renovations, be sure to get a contract that includes a timeline for the work to be completed and payment schedule. It should also contain details about the contractor’s materials, workmanship and warranties. The contract should be signed by both parties before any money is paid.