Home improvement is a general term for a number of projects that can be performed to improve a home. They may include repairs or upgrades to the interior and exterior of a home, such as repairing or replacing electrical wiring or plumbing, repaving or adding landscaping, and installing new kitchens or bathrooms.
Almost all homeowners are planning home improvement projects in the near future. Few (only 20%) say they’re doing so to make their house more attractive to potential buyers, while 54% say it’s to make the house more comfortable for themselves and their family, or to feel more satisfied with it.
In addition to being a cost-effective way to increase the value of your home, some improvements can be made to help you save money over time on utility bills. For example, you can install energy-efficient windows and doors to lower your heating and cooling costs.
You can also upgrade your insulation, add insulation to a crawl space or replace old window frames. These are simple, inexpensive projects that can increase the comfort and energy efficiency of your home, while making it look better at the same time.
A growing percentage of home improvement projects are being done by do-it-yourselfers, or DIYers. These projects can be a good option for homeowners with limited budgets, as they’re often less expensive than hiring a professional contractor and can allow you to customize your home according to your taste and needs.