Home improvement can add value to your home and improve the quality of life. It can also increase the amount of space you have, and make your home more energy efficient.
Whether you’re looking for do-it-yourself projects or the assistance of a professional, we have a variety of tips to help you get started. Plus, we’ve rounded up the latest research on home improvement.
Inflation Is a Problem for Homeowners
Rising prices have caused a lot of homeowners to delay big purchases, according to a recent survey from Hippo Insurance. Sixty percent of surveyed homeowners say they’re less comfortable making large purchases for their homes and households because of inflation.
The good news is that more than half of those surveyed (54%) say they want to do more home improvements in the next two years, and many are doing so for comfort and satisfaction reasons.
Keep Your Upgrades Affordable
If you’re planning a large home renovation, try to stay within your budget and consider upgrades that can add value without sacrificing living space. For example, a new deck or patio will add square footage to your home and increase its resale value.
Don’t Overspend
When it comes to your home’s upgrades, try to choose items that will appeal to a wide range of potential buyers. For instance, high-end appliances and flooring may look great to you but won’t have as much resale value as mid-range options.
A designer can give you ideas for the most cost-effective and best-looking improvements for your home. They will also be able to help you avoid costly design mistakes and make sure the work you’re having done will add to your home’s resale value when you decide to sell.