Home improvement refers to the repair, maintenance or restoration of residential real property. This can include such activities as improving, remodeling or repairing a roof, repaving a driveway, adding a fence or redoing a kitchen or bathroom. It can also mean making a home energy efficient by installing new windows or insulation. The goal is to make the house more functional, comfortable and appealing for current residents or future ones.
Having the right contractor is crucial to a successful project. Ask friends and neighbors for recommendations, and check out local licenses and credentials. A good contractor should have liability insurance and worker’s compensation coverage in case someone is injured at the job site. New York law requires a contract for home improvement work, and it should include the proposed timeline, payment schedule and as many details as possible regarding materials and products (including brands).
Remodeling can add value to your home, but be sure to stay within your budget. Expensive upgrades may not pay off at resale time, and some could even deter potential buyers. For example, installing a fancy marble bathroom will likely not increase your home’s resale value as much as a quality midrange vanity and tub.
The best improvements are those that will make your house function better for you, such as a master suite or extra bedroom. Also consider energy-efficient upgrades, such as replacing old windows and a heat pump. These can decrease your utility bills, and they will likely pay for themselves over time.