Home improvement is the process of making renovations to a home. This can include remodeling or repairing rooms, installing new equipment or changing out outdated fixtures. Home improvement can be an expensive project, but it can also increase the value of your home.
There are only a few certainties in life: death, taxes and if you’re a homeowner, a few home repair or improvement projects that just can’t be put off. While it’s important to plan for these types of improvements, homeowners should consider their overall comfort and enjoyment when deciding which home projects to undertake.
In 2024, the focus for many homeowners will be to create personalized living spaces while also adding value to their homes. Whether you’re looking to add a new twist to your décor or swap out some old appliances for smarter models, there are plenty of easy ways to accomplish both goals.
Homeowners’ intentions to undertake home improvement projects in the near future largely depend on economic factors, such as inflation and whether or not we’re in a recession, according to our latest survey. While it may be tempting to upgrade your kitchen or add a new bathroom, you should consider whether those types of projects will attract the right kind of buyers and improve your home’s overall functionality.
Homeowners are focusing on low-cost projects that can be done without the need for professional help. However, our survey shows that they are still cautious about hiring professionals during the Covid pandemic.