Home improvement is the process of updating or renovating a house. These projects can be done by contractors or homeowners themselves.
The Changing Trends in Home Improvement
While a new roof, repaved driveway and a remodeled kitchen are common examples of home improvement projects, there are many other options for the do-it-yourselfer. These projects are a great way to update the look of your home and increase its value for future buyers.
Disaster Repairs & Outside Attachments
The increasing frequency and intensity of storms paired with the number of homes in vulnerable areas push homeowners to spend on disaster repairs. This includes upgrading roofing, siding and windows to withstand the elements.
A growing population of older homeowners who have accumulated equity in their homes, and the possibility of rock-bottom interest rates are also contributing to an uptick in home improvements. These factors are also driving the demand for energy-efficient improvements such as bamboo and cork flooring, recycled steel sidings and smart glazing.
How to Choose a Contractor
When hiring a contractor, make sure they are properly licensed in the state where you live. Ask them to provide references from previous customers and get information about their experience with their work. You can find a list of certified contractors on the Better Business Bureau website.
Before starting a project, establish a budget that is within your means. This will allow you to set a payment schedule for the contractor, which may include an initial down payment and subsequent incremental payments until the work is completed. Always withhold the final payment until all work is completed and all necessary inspections are completed.