What is Home Improvement?

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Home improvement

Home improvement, also known as home maintenance or general house repair, refers to the remodeling and renovation of residential property. This can include altering, painting, refinishing, repairing, restoring, or modernizing the interior and exterior of a building. It can also mean adding a porch, deck, garage, or other outbuildings to a residential property.

Some home improvements can be expensive, but there are plenty of do-it-yourself projects that add value and create a fresh ambiance for your family. Repainting your front door in a cheerful color, for example, is a relatively inexpensive way to make a big impact on your home’s curb appeal. Or, consider swapping out your kitchen countertops for a low-maintenance surface that offers the look of marble without the cost and upkeep. Options like 180fx by Formica Group are available in a wide range of colors and styles that complement traditional, modern, and farmhouse design.

A successful home improvement project maximizes function while boosting your home’s resale value. For example, adding a laundry room, bathroom, or extra bedroom can increase your home’s livable square footage and boost its resale potential.

Homeowners often use credit cards to fund small home improvement projects, such as a new paint job or appliances. A personal loan is another alternative for larger projects, with terms ranging from 5-30 years and fixed monthly payments. A home equity line of credit is an option for homeowners who have substantial equity in their home and want a lower rate than a mortgage or unsecured personal loan.