The home improvement industry is booming, and it’s mostly thanks to older homeowners who are spending money on projects like upgrading their kitchens. Spending on home improvement has risen more than 50 percent since 2010, and people who are 55 and over are the biggest drivers.
There are many reasons people choose to renovate their homes. Maybe they need to accommodate a growing family, or perhaps they want to give their home more curb appeal. Whatever the reason, home renovation is a big investment. It’s important to choose the right projects and hire qualified contractors.
One popular project is adding a master suite. This typically includes a bathroom, walk-in closet and dressing area. A master suite can add value to your home, but it’s important to consider whether you will be able to recoup the costs when you sell it.
Another popular home improvement is installing a new deck or fence. These projects are usually less expensive than major renovations, but they can still make a big impact on your home’s aesthetic.
When choosing a contractor, it’s best to work with someone you trust. A good partner can help you move things faster and stay on task. He or she can also pass tools and hold the ladder when your hands are full. It’s also a good idea to have a plan for the work ahead of time. This will help prevent any unexpected problems that could delay your completion date.