Home improvement is a wide-ranging term that encompasses everything from garage maintenance to a brand new front door. It also includes garden work, siding, and security protection devices.
In a recent survey, Axiom, a Minneapolis marketing firm, asked consumers about their recent projects and their plans for the future. The results revealed the most popular home improvement category was work done outside of the home, followed by landscaping.
As a general rule, a project that makes your home more livable will help your home’s resale value. But some upgrades do more to boost your home’s resale than others. Some upgrades, like a new front door, are inexpensive and can make your house stand out from the rest of the neighborhood. Others, such as a backyard paradise, won’t add much value.
In contrast, a more complicated project, such as putting in a new kitchen range, may not be worth your time and money. While the Axiom survey showed that a number of homeowners are planning to do it, it didn’t include details on the cost or even if it was possible.
Also, the Axiom survey included questions about the most impressive home improvement item. However, only a handful of respondents mentioned the new front door.
One of the most interesting facts is that a lot of DIYers plan to spend more time on home improvements in 2021 than they did in 2010. Most plan to hire out at least some of the work, while 16 percent said they’re not planning any home improvement projects.