Home improvement is the general term used to describe all the changes or modifications that a person does to their home. It may include the addition of new features, such as a new garage or pool, as well as repairing and upgrading existing ones.
Types of Home Improvement Businesses
There are several types of home improvement companies, ranging from national chain stores to smaller, family-owned firms that specialize in the field. They typically offer competitive prices, quality work and stand by their warranties.
The most popular type of home improvement projects are those related to the outdoors. About 31 percent of responders said they plan to make improvements to their yard or landscape. Others are planning to repair or build a patio/deck or at-home entertainment area.
Often, home improvement projects are a way for homeowners to increase their property value. They can range from small updates to large, high-cost renovations.
Some homeowners also choose to make renovations purely for their personal enjoyment. For example, they might renovate their kitchen to increase space and make it more attractive to guests.
Another common home improvement project is to add an extra bathroom. While this sounds like a great idea, it can be costly and create more space problems if it isn’t planned carefully.
The best home improvement projects are ones that add value to your home, but don’t negatively affect the use of the current space. For example, removing a bathroom can reduce the amount of usable space in your home and will usually leave you with a house that has too few bathrooms for the number of people living there.