Home improvement, otherwise known as home renovation or remodeling, is a broad category of projects that aim to enhance the overall look of a home. These projects can be performed on both interior and exterior spaces. They can be carried out by homeowners and professionals alike to give their homes a more personal touch. In addition, homeowners can also use these projects to enhance the value of their properties.
According to Angi, the average amount spent on home improvement is at its highest level since the company began tracking this data seven years ago. The recent pandemic heightened attention to homes, with home prices up 20% year-over-year and materials prices 400% higher than pre-pandemic levels. Among survey respondents, most plan to complete one or more projects, while the majority plan to complete several.
Before hiring a contractor, it is a good idea to make a detailed list of all the tasks you need done. This will make it easier to negotiate with a contractor and lock in firm prices. It will also help you weed out unscrupulous contractors. In addition, you should make sure that the contractor has all the required permits and inspections. This information can be obtained from your local building codes office. Lastly, set a payment schedule that is suitable for you. This may include a down payment and incremental payments until the project is completed.
A licensed contractor is essential for any home improvement project. In addition to a valid license, the contractor should have insurance and be licensed to carry out the job. Some counties allow individuals to transfer their licenses to other people, but you should make sure to check with the local licensing authority to see if it allows it.