Whether you’re looking to sell your home or you’d just like to improve your current one, a home improvement project may be a good idea. These projects can increase the value of your property, and many of them are tax deductible. These projects can include new driveways, siding, insulation in the attic, built-in appliances, and more.
According to a recent Axiom survey, the most popular home improvement category is outdoor renovations. Twenty-five percent of respondents plan to repair or build a deck or patio. Because of the pandemic, at-home entertainment spaces are becoming increasingly popular. In fact, the number of respondents who plan to build decks and install fences has increased nearly threefold since March.
Renovating the exterior of your home can improve its marketability and appeal. New paint, new cabinets, and new countertops can improve the appearance of a space. You can also update your HVAC and heating and cooling systems. New tiles and wallpaper can also add visual appeal to your space. Another great way to update your home is by changing the style of your doors, floors, and windows.
Before hiring a contractor for your home improvement project, make sure that you have a budget and timeline in mind. Then, ask for references from friends and neighbors. Also, ask to speak with past customers to make sure they were satisfied with the work. Always make sure that the contractor is licensed and has a good reputation. You should also make sure the contractor is insured. Finally, you should establish a payment plan, which can include a large initial down payment and incremental payments until the project is finished.