Home Improvement 101
Home improvement is the process of renovating or repairing a home. This can include remodeling rooms or the whole house, adding new features, or simply making minor repairs. Home improvements are generally a smart financial investment because they can increase the value of the home, as well as make it safer and more livable. However, not all home improvements add equal value. It is important to research the types of improvements that are most likely to increase a home’s resale value before beginning any work.
It is also important to consider the impact that local market conditions may have on a home’s value. For example, some improvements can actually decrease a home’s value if they are too customized and over-exceed buyer tastes in the neighborhood. In addition, some home improvements, such as building an additional room, can be more expensive and require longer time periods to recoup the cost.
It is also important to hire contractors that are licensed, insured and reputable. A contract should always be written and signed by both the homeowner and the contractor before any work begins and payment is made. The contract should clearly state the terms and conditions of any warranties for materials or workmanship. It should also provide the contact information for a supervisor to be contacted in case of problems or disputes. In many areas, a government agency oversees home improvement work to ensure that it is being done correctly and in compliance with various codes and regulations.