If you want to improve the value of your home, it’s a good idea to make a few upgrades. But before you start, be sure to do your research. Find out what it takes to get started and how much your project will cost. By keeping a well-organized budget, you’ll be less likely to overspend.
For instance, a new front door is an inexpensive way to boost the look of your house. However, a more extravagant upgrade may not be worthwhile. You could spend thousands of dollars on a kitchen range, but that doesn’t necessarily add to the resale value of your home. The best upgrades are ones that appeal to a wide audience, such as a quality front door and hardwood floors.
Before you start a home improvement project, you should make a list of things you would like to change or repair. Also, remember to leave room for growth. This will help you to ensure that your home’s renovation goes smoothly. Creating a detailed plan will also make the entire process easier.
It’s important to find out if your contractor has a license. The Department of Consumer Affairs has some guidelines for checking. Most states have specific regulations, so be sure to check in your area. There are also aggregators that act as intermediaries between you and a service provider.
Home improvement can include anything from minor remodeling to major reconstruction. It can include repairs, upgrades, painting, decks, bathrooms, garages, and more. Some of the most common improvements include siding, roofing, wall-to-wall carpeting, and window and door replacement. In most cases, it’s not a good idea to attempt to perform these types of improvements on your own.
Using a licensed contractor can also avoid problems. Many counties have penalties for engaging in home improvement without a license. Depending on your county, you can face a fine of $500 to $5,000. Additionally, you must file a Certificate of Capital Improvement with the Department of Taxation and Finance.
One of the most important benefits of hiring a licensed contractor is that you’ll receive technical support. These professionals know how to complete a variety of projects, such as plumbing, electrical, and heating and air conditioning. Even if your project doesn’t require these skills, you’ll still need to choose a licensed contractor.
When you’re looking for a good home improvement company, make sure to check references and insurance. Lastly, be sure to take a look at the Better Business Bureau. A reputable company will have a pristine record.
According to a study by the Harvard Joint Center for Housing Studies, the average homeowner spent $10,636 on 3.7 projects in 2015, the highest figure since the study began tracking in 2012. With the average price of a home increasing 20% over the past year, it’s no surprise that more homeowners are seeking home remodeling and renovation services.
In fact, home improvement is one of the fastest growing industries in America. Competition is heightened in the market, as new players and private labels enter the mix.