Home improvement is an industry that encompasses the sale of building materials, appliances and decor for the purpose of making home repairs and renovations. It also includes the services of contractors and other professionals who help with construction or installation projects. Home improvement is a popular pastime and hobby, but it can be dangerous and costly if not done properly. Here are some tips from the experts to help you get started.
There are few certainties in life, but one of them is that homeowners will inevitably take on home improvement projects. Whether it’s fixing a leaky roof or adding a bedroom, these can be time-consuming and expensive. But that doesn’t mean they can’t be well planned and executed, which can make them more manageable.
Many projects can be tackled on a DIY basis, but a knowledgeable and experienced contractor will be able to save you time and money. They will also know how to do things safely, which is a must when it comes to working around electrical and plumbing. Choosing the right materials will also help keep costs down.
Getting a good plan in place before starting any home improvement project is important, but even more crucial is having a budget in mind before you start work. It can be tempting to skip over this step and just go with the flow, but it will only lead to disaster when the bill comes due. Overspending and going into debt is never a good idea, especially when you’re living on an already tight budget.
If you’re thinking about hiring a contractor for a major home improvement project, it’s essential to find out if they are licensed. The state requires that all contractors, subcontractors and anyone who performs home improvements on homes or apartments be licensed by the department of consumer affairs. The licensing process ensures that the contractor has been trained in proper safety procedures and is bonded, which helps protect consumers from shoddy workmanship and unfair business practices.
There are a few key areas where home improvement spending is surging during the pandemic. Most of these categories are related to outdoor work, such as landscaping and installing decks and fences. Another area where there has been a boom is in home energy-efficiency projects, such as replacing old windows and insulation.
Despite the uncertainty of the coronavirus pandemic, about 3 in 5 homeowners (61%) have continued to do home improvement projects since March 1. These projects tend to be smaller, such as painting rooms or redecorating. But a few larger projects have also been done, such as adding an extra bathroom or bedroom. These are a great way to add value and living space, especially for growing families. These larger projects also tend to be more expensive, but they can still be well-planned and executed on a budget.