Home Improvement Boosts Home Value, But Not All Home Improvements Do

Home improvement

Home improvement, also known as house renovation, is the process of improving your home. This can include upgrading or repairing your kitchen, bathroom, bedroom, living room, basement or backyard. It can also include painting, resurfacing the driveway and garage, installing a deck or fence, or any other work that improves your property.

The majority of homeowners take on remodeling projects hoping that it will boost their home’s value. After all, who wouldn’t want a brand new kitchen or an extra bedroom? However, it is important to understand that not all home improvements add value. In fact, some actually detract from a home’s value and can even make potential buyers turn away.

Whether you’re a DIY enthusiast or someone who prefers to hire professionals, our tools can help you find the best contractors and get started on your home improvement project. We can provide you with detailed estimates, so you know exactly how much your project will cost and the expected time frame to complete it. We can also help you determine which projects will provide the most bang for your buck and identify common mistakes that you should avoid making.

With rock-bottom interest rates, it’s no surprise that homeowner spending on home improvements is surging. But many homeowners are taking on too many projects and not thinking strategically about which ones will add the most value to their homes. Generally, exterior upgrades tend to increase home values the most. Deck construction is up more than threefold this year, while hiring landscapers is up 235% and constructing fences is up 144%.

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