Home improvement is the practice of renovating or upgrading a home to make it more appealing and functional. This can include anything from changing out a light fixture to adding an extension. Home improvement projects can be very expensive, but there are ways to minimize costs and still get a good return on investment.
Many television shows focus on home improvements, from Fixer Upper to This Old House. These shows can inspire homeowners to take on a renovation project themselves. However, before you pick up the hammer, it is important to understand what improvements will add value to your home and which ones to avoid.
The term home improvement was first used in the United States after World War II. The end of the war saw an influx of returning soldiers who wanted to make their homes more comfortable. In addition, government mortgage insurance programs encouraged home buying and highway construction, boosting the housing industry. Home improvement is a big business with many contractors competing for customers. Many contractors offer bundled services such as plumbing, painting and flooring. Aggregators also offer a platform for home improvement companies to connect with consumers.
The most common home improvements are sparkling bathroom overhauls and kitchen remodels. These upgrades typically have the highest return on investment, according to a report from Contractor Growth Network. Other top projects include new front doors and a fresh coat of paint. Keeping up your yard is another cost-effective way to improve your home. Prune shrubbery, mulch bushes and trees, and keep the grass mowed to maintain a neat appearance.