Home improvement projects are an important part of the overall homeownership experience. Not only do they make your house more comfortable and efficient, but many of them also add value to your property.
When you’re planning a major renovation, it’s important to know exactly why you want to do it and what you can realistically afford. You’ll need to consider your budget, your time frame and the overall impact of the project on your family.
Whether you’re remodeling an old kitchen or adding an extra bathroom, here are some home improvement tips that will help you save money and make the most of your project.
Before you begin, take a look at the home’s overall layout and determine what areas need to be renovated. This will help you decide what is most important to address first, and how much time the renovation will take.
You’ll also need to consider how the renovation will affect your property’s resale value. For example, a swimming pool renovation or addition doesn’t typically add value, but an energy-efficient kitchen can be a great way to increase your home’s value.
A kitchen renovation is an excellent choice if you’re planning to sell your home in the near future, as it can increase its resale value by more than the cost of the project.
It’s also worth noting that you can get tax credits for some energy-efficient home improvements. That means that you’ll pay a smaller amount of income tax when you file your taxes in the future.
When it comes to choosing a contractor for your home renovation project, be sure to choose one who is licensed in your state. This ensures that the business has passed a test on home improvement law and general business competency. It also ensures that the business is reputable and that they will stand behind their work.
Your local consumer protection agency should have a list of licensed home improvement contractors in your area. Check out their website and contact them for more information.
While you’re researching potential contractors, be sure to ask if they are a member of the Better Business Bureau or the National Association of Home Builders. This will help you find a company that is reputable and has a track record of successful projects.
Before you begin a home renovation project, make sure to get a written contract. This should include the name, address and MHIC license number of the contractor. It should also contain terms and conditions of any warranties for materials and workmanship.
You should also make sure that the contractor’s price includes all necessary supplies and labor. This will help you avoid any unforeseen surprises in the future.
A lot of home renovations require permits from the city and county, which can be costly. You may need to apply for the permit before the work can begin, or you can get it after the job has been completed.
It’s a good idea to have a licensed contractor do any home renovation work that you plan to do, as this can save you a lot of headache in the long run.