Home improvement is a wide range of projects that improve or repair a home, such as upgrading electrical systems, adding or expanding rooms or spaces and improving landscaping. These improvements are often made to increase the comfort of a home or make it safer, but may also be done for financial gain by increasing the value of the home or making it more attractive to potential buyers.
Some home improvements are urgent and must be completed to avoid damage or safety issues, such as fixing a leaky roof or re-sodding the yard. Other improvements are more of a long-term investment, such as adding energy-efficient heating, ventilating and air conditioning systems or upgrading the kitchen and bathroom. These projects can often be recouped during a sale or at higher rental rates charged for updated homes.
It’s important to do your homework before embarking on a home improvement project, so you can decide which ones will give you the best return on investment. It’s also a good idea to choose projects that are easy to do on your own, or with the help of a professional handyman. Many small repairs can be easily overlooked, but if left unchecked they can add up to a negative impression of the house that might deter potential buyers.
It’s also a good idea to steer clear of high-end additions that have purely personal appeal, such as installing a water feature or koi pond. Such improvements may not return your initial investment, and they can turn off some prospective buyers who are looking for a more move-in ready home.