Home Improvement Ideas That Add Value to Your Property

Home improvement

Home improvement is one of the most popular activities for homeowners. In fact, 24.5 million Americans completed a home improvement project last year alone. These projects range from bathroom and kitchen upgrades to a new deck or a fresh coat of paint on the house. To ensure that your home improvements are not only cost-effective but also add value to your property, consult with a real estate professional before making any big renovations.

When shopping for a contractor to complete your home improvement projects, you may receive a variety of estimates from different companies. Rather than choosing the lowest bidder, compare all factors involved in selecting a contractor including experience, reputation, and ability to meet deadlines. It is also important to find out whether or not the contractor is licensed to work in your jurisdiction and carries homeowner liability insurance.

If you are planning on doing a major home renovation project, it is wise to obtain a permit before starting. This will protect you from fines and ensure that your construction is up to code. A permit can also help you choose a contractor with the best expertise and tools to get the job done correctly.

Some home improvement projects are tax-exempt in New York. You can obtain a document from the department of taxation and finance to determine if your project qualifies as a capital improvement. Then you will be able to avoid paying labor tax on the materials that are purchased for the project. However, each state has its own definition of what is considered a capital improvement so it is best to check with your CPA first.

A popular home improvement idea is installing a new patio or deck. Not only does this create a relaxing area to enjoy your yard, but it can also significantly increase the value of your home. Another simple home improvement idea is upgrading your kitchen and laundry room appliances to energy-efficient models. These can save you a lot of money in the long run on your energy bills.

As the do-it-yourself (DIY) trend gained popularity in the 1980s, many home improvement stores began offering a wide variety of power tools to cater to consumers with varying levels of skill and interest. In addition, TV shows such as Trading Spaces helped to blur the lines between traditional male dominated areas of home improvement like carpentry and more feminine spheres of home interior design and decorating.

Having the right home improvement ideas is crucial to keeping your house looking its best. From repairing broken floors to refinishing your cabinets, Brandpoint’s collection of free home improvement articles has the expert tips and advice you need to make your home look its best!