Home improvement is the process of improving or repairing a home. It can be done to increase functionality, beauty, or comfort. It can also be done to increase the value of a home or to prepare it for sale. Home improvements can be simple, such as painting or re-grouting tile, or complex, like adding an extension or building a swimming pool.

Despite economic challenges, the remodeling industry appears to be faring better than other sectors. According to the National Association of Remodelers, remodeling activity in 2022 hit its highest levels in more than a decade. But it is expected to slow down slightly in 2024 as a result of stalled housing sales and mortgage refinancing.

A well-planned home renovation project can add value to your house and help you get more money when you sell it. But you should make sure the projects you choose are practical and will appeal to a wide range of potential buyers. You also need to stay on top of maintenance jobs, such as replacing worn doorknobs and cleaning out the rain gutters, or else your home might look shabby and be less attractive to prospective buyers. Lastly, if you want to spend more, you can go for high-ROI projects such as installing new windows or replacing old flooring.