Home improvement is the process of improving the look and feel of your home. It can take place inside or outside your home, and can involve both interior and exterior renovation projects. These renovations can boost the value of your home, and some are even tax-deductible. Listed below are some tips to get started on improving your property.
Renovations are better than remodels
There are many differences between a remodel and a renovation, and knowing these differences can help you decide which type of home improvement project is best for your needs. A renovation can add value to your home before selling, while a remodel will make changes to the structure of the house. Renovations are generally smaller in scale, but can make a big difference for the value of your home.
Another difference between renovations and remodels is the cost. Renovations are generally cheaper than remodels, but remodels often require more professional services and may require a larger budget. Additionally, a remodel may require more permits, which are expensive compared to a renovation.
Energy-efficient renovations are tax-deductible
Whether you live in an older home or rent a property, you can claim tax credits for energy-efficient home renovations. These improvements can include new lighting, flooring, paint, and air conditioning. Not only can you claim the cost of the improvements, but you may also receive a tax credit of up to $500 on the cost of the renovation.
New tax laws are encouraging homeowners to make energy-efficient home upgrades. These measures not only save money on energy bills, but also reduce carbon footprint. Tax breaks encourage homeowners to invest in energy-efficient home improvements and appliances.
DIY landscaping projects increase home’s value
Landscaping projects can increase the value of your home by as much as 20%. This is a great way to improve curb appeal and attract more potential buyers to your home. Landscaping doesn’t have to be complicated. One of the most important aspects of landscaping is the appearance of the lawn. By enhancing the lawn, you can increase the value of your home by thousands of dollars.
Performing advanced landscaping DIY projects can increase the curb appeal of your home and increase its value. Often, driveways degrade over time. Repairing or repaving them is a great way to increase curb appeal, but the process can be physically challenging. Make sure to check for buried services and use proper sub-base materials to avoid damaging your driveway.
Finding a contractor
Getting bids from a few contractors is a great way to narrow down your selection process and ensure that you’re getting the best possible service. Make sure that the contractors are honest and reliable, and ask them many questions about their experience and past projects. Then, make an appointment to meet the contractors in person. If possible, visit their places of business, and ask questions about their processes and experience. You should also get several project estimates in writing.
When hiring a contractor, make sure that he has a current business license and insurance. A business license is required by law, and will allow you to verify that the contractor is in business. Additionally, a certificate of insurance will ensure that the contractor is fully covered in case of injury or damage. A good contractor should also carry liability insurance and workers’ compensation insurance.