Home Improvement – A Growing Sector

Home improvement

Home improvement encompasses a wide range of activities related to the maintenance, upkeep, and repair of a property. It includes anything from painting and resurfacing pavement to installing a deck, porch or gazebo.

Increased homeowner equity (as a result of the recent recovery in housing prices) has encouraged increased spending on home improvements, from do-it-yourself projects to professional remodels. This growth has been driven by three factors: the economy, home values and older homeowners.

New front doors: The most popular home renovation project among homeowners, a new front door adds instant appeal and increases the resale value of a home. It also reduces energy costs and allows for better control of temperature.

Gardening: The need to spend more time outdoors is driving the uptick in backyard improvement projects, from patios and porches to gardens. Adding plants and flowers adds color to the landscape and makes your property look fresh and inviting.

Interior and exterior paint: This industry provides a high-quality service that appeals to would-be DIYers with convenience, quality, and cost-effectiveness. Contractors in this sector focus on providing top-notch customer service and employ painters to ensure quality workmanship.

HVAC: A necessary resource for homes whose owners demand comfort, this industry sells, services and repairs heating, air conditioning, and electrical systems. It also offers environmentally friendly solutions to homeowners who want to improve their energy efficiency, a growing trend in green building.

Disaster Restoration: Businesses in this sector provide cleanup and restoration services for damage caused by fire, flood, mold and other natural disasters.

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