Home improvement is the renovation of a home or building. It can be an aesthetic or practical update, such as adding new flooring or painting the walls. It can also be a complete overhaul, such as updating the kitchen or bathroom. Home improvements can increase the resale value of a property or make it more livable for its current residents. They can also improve energy efficiency, which can reduce utility bills.

Some home improvements can be done as a DIY project, while others are best left to professionals. When selecting a contractor for your home improvement project, it’s important to consider their reputation, experience, and licenses. You should also get multiple quotes to compare prices and services. You may find that hiring a general contractor is cheaper than using an individual specialty contractor.

While home improvement is usually considered a good investment, it’s not always easy to know what projects will add the most value. If you’re thinking about selling your home, a real estate agent can help you determine which upgrades will increase your chances of getting top dollar. You can also talk to a home loan specialist to learn more about the different types of loans available.