Home improvement is a term that includes many different types of projects, including home renovation, landscaping, and more. There are many types of home improvements that can increase the value of your home, while also improving the quality of life.

Many types of home improvements can be tax deductible. You can claim an itemized deduction for items such as new siding, a new roof, and more. Before announcing your plans, be sure to research your state’s regulations.

Aside from being tax-deductible, major home improvements can also improve the resale value of your home. For example, installing a new kitchen range can make your home more appealing to buyers.

If you’re planning a big project, consider taking out a personal loan instead of a mortgage. A personal loan has higher interest rates, but it doesn’t have restrictions on how you use the funds.

Another option is to apply for a home equity loan. This loan is secured by the equity in your home, and you may use it for anything from a major upgrade to a minor repair. It is also a good idea to compare the pros and cons of different loans.

When considering a home improvement loan, be sure to get a firm estimate of the cash amount you need. The lender will want to see that the amount isn’t too high, and that the work is necessary.

Several credit cards offer a year-long introductory 0% APR period, meaning you won’t have to pay any interest on the money you borrow.