Home Improvement 101
Home improvement, also known as house renovation or remodeling, refers to the upgrading of home interiors and exteriors. These projects can include work like installing new flooring, painting walls, putting up a fence, or even renovating the kitchen and bathroom. In addition to increasing comfort and style, these projects often add to the home’s overall value. Home improvements are carried out for a variety of reasons, including personal preference and comfort, maintenance or repair work, making the home more energy-efficient, adding living space by building an extension, or converting an existing structure such as a garage into a home office.
Some home improvements can be done by the homeowner himself, but others require the assistance of professional contractors. Before hiring someone for a job, homeowners should get several estimates and check references. They should also make sure that the contractor is licensed and insured. Under New York State law, contractors should provide a written contract that includes a timeline for the project to be completed, a payment schedule, and as many specifics as possible about the project, such as types or brands of materials. In addition, the contract should have the contractor’s name, address and MHIC license number preprinted on it.
The type of home improvement project that is undertaken depends on the personal preferences and budget of the homeowner. For example, the cost of a kitchen remodel may vary widely depending on whether the homeowner decides to buy high-end or midrange appliances. In contrast, a simple coat of paint can be achieved for much less by using store-bought paint rather than hiring professionals to apply specialized coatings.
Another popular renovation is adding a bedroom or bathroom, particularly if the current home does not have enough of these rooms. Adding an extra bedroom or bathroom can increase the resale value of a home and is a good way to improve the living space without spending a lot of money.
Adding an outdoor living space such as a patio or deck is another home improvement that can increase the resale value. It can also be a great place to relax or entertain guests. It is important to choose a design that matches the surrounding landscaping and architecture of the home.
Some home improvement projects are necessary, such as repairing a leaking roof or replacing worn carpeting. These jobs should be done to ensure that the home is safe and in good condition. Other projects are meant to increase the value of the property, such as refinishing hardwood floors or adding an updated master bathroom. When choosing projects that will enhance the resale value of the home, it is a good idea to consult with a real estate agent who can advise on what projects will have the greatest impact. This can help the homeowner avoid over-improving the home, which could actually detract from its value. In addition, it is a good idea to set a realistic budget and plan for unexpected expenses.