Home improvement is the construction, repair, replacement, remodeling, alteration, renovation, modernization, or improvement of a residential building. It includes the installation of kitchens, bathrooms, electrical wiring, and other plumbing or heating systems. It also includes the addition of rooms such as decks, patios, pools, or garages. Home improvement may also refer to the sale and promotion of home goods such as furniture, appliances, or flooring.
Some home improvements, such as new windows or a more energy-efficient furnace, can improve the resale value of a home. Others, such as an in-ground pool or a custom-built home office, might not add as much value. When choosing improvements for resale, it is important to choose those that are compatible with the general architecture of your neighborhood and appeal to the widest range of prospective buyers.
The home improvement industry has experienced excellent growth results in recent years, boosted by consumer demand for upgrades and repairs to existing homes. The industry consists of retail, wholesale and manufacturing businesses that provide building materials, appliances and decor for residential use, as well as service providers such as contractors, tradespeople, and DIYers. When hiring a contractor for a home improvement project, be sure to check their license and insurance status. Also, it is a good idea to get multiple quotes and to ask for references from previous customers. Also, beware of bogus companies offering “free” estimates. It is against the law for anyone to solicit, canvass, sell, perform or obtain a home improvement contract as a contractor without a valid license.