Home Improvement – How to Make Your Home More Comfortable and Attractive

Home improvement

Home improvement is a term used to describe renovations and upgrades done on residential housing. These can include remodeling or fixing broken items, adding new features to the house, and a variety of other projects meant to make the house more comfortable or attractive for its residents. Home improvements can be very expensive and should only be undertaken with the proper research. Some improvements will increase the value of the house while others will not. It is also important to remember that homeowner preferences can vary from market to market and that trends can be misleading.

Home improvements can be as simple as applying a fresh coat of paint or more complex, such as adding an additional bathroom or upgrading the kitchen. Regardless of the scale of the project, it is important for homeowners to compare estimates and choose contractors carefully. There are many factors to consider, including price, experience, and reputation. Some tips for choosing the right contractor include looking for membership in a professional association, checking business references, and reviewing past projects. Homeowners should also be aware of hidden costs and avoid relying on credit cards or personal loans to finance home improvements, as these can be very costly in the long run.

During the pandemic, many homeowners had increased interest in home improvements, and it is expected that this will continue into 2024. According to a report from the National Association of Realtors (NAR), many homeowners have cited improved livability and satisfaction as reasons for their home improvements. Other motivations included addressing worn-out surfaces and materials, making their home more energy-efficient, and simply wanting a change.

While some improvements will add a great deal of value to the home, it is important to remember that most homeowners will not receive their entire investment back when they sell their home. Some projects that are popular include sparkling bathrooms and kitchens, basement renovations, and additions such as decks or porches. Buyers are often more interested in a functional home than they are with specific finishes and décor, so it is important to choose renovations that are consistent with the neighborhood.

It is also a good idea to discuss any major home improvements with a real estate agent before beginning. They can help you identify the best projects to complete and advise on local trends. They can also offer suggestions for contractors and can provide advice on how to prepare your home for a sale.

It is also a good idea to budget for any home improvements, and to try to stay under the maximum loan amount allowed by your mortgage lender. It is a good idea to have a 10-15% buffer in your home improvement budget estimates, as unexpected problems can arise and add expense. Homeowners should also be sure that any contractors are licensed, insured, and bonded. Using modeling and design tools like Floorplanner to plan projects is helpful and can help to ensure that the end results will be what you were hoping for.

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