Home improvement refers to any work undertaken to upgrade or renovate a house. This includes exterior upgrades, landscaping, additions and garage maintenance. It also includes repairing, decorating, and servicing.
A home improvement can be done as a one-time or over time project. Most home owners plan to hire a contractor for a portion of the work. It’s important to do your research before choosing a contractor. You’ll want to make sure he or she has insurance and the proper licensing. You may even want to check his or her references. You should also ask for a contract that lists the details of the project. You should also set up a payment schedule. This includes a down payment, and incremental payments until the project is complete.
Home improvement can be done to increase the resale value of your home, as well as to improve the quality of life for you and your family. The first thing to do is make a list of the tasks you need done. Then, compare the price estimates and timelines from several contractors. It’s also a good idea to check the contractor’s insurance. You should also take into account any inspections or permits that are required.
Whether you are hiring a professional or doing the work yourself, the following guidelines can help you avoid common mistakes. You’ll also want to make sure you get a contractor who’s knowledgeable about the project and has a proven track record.
When you’re shopping around, look for a contractor with an unblemished Better Business Bureau record. Then, ask friends and neighbors about their experience with that contractor. In addition, ask about the contractor’s insurance coverage and if the contractor has a license. Lastly, be certain to find out how long the company has been in business and if they are members of a reputable association.
In most states, you can receive a tax break for home improvements. For example, in New York, the sales tax for home improvement projects is waived. You can also get an unsecured loan for home improvement. If you have a good credit history, a personal loan can be a less expensive alternative. However, you should be aware that these loans carry higher interest rates. If you’re looking for a more flexible option, consider a home equity loan. It’s an installment loan that you pay back over a five- to 30-year period.
The market for home remodeling is booming. A recent survey by Axiom, a Minneapolis marketing firm, found that 57 percent of DIYers plan to do a home improvement project this year, up from 39 percent a year ago. Some of the most popular projects include adding a patio, fixing a deck, painting and doing landscaping.
Before you start the home improvement process, it’s a good idea to consult with a licensed architect or engineer. They’ll know about any applicable building codes, and can ensure your project meets the requirements. It’s also a good idea for the architect or engineer to prepare a detailed plan to make sure every detail of the project is covered.