Use caution. Your home is your most valuable financial asset. You will want someone who completes the job, not botch it up. It is important that you find a competent and reliable contractor who will successfully complete your home improvement project. ...
Home improvement professionals vary. Who you hire also will depend largely on the size and complexity of your project. What follows is a brief description of the different contractors who do work for homeowners: ...
To save both time and money, some people avoid getting building permits. But most cities require them. Besides ensuring safety during construction - housing inspectors sometimes stop by to check on the progress of projects at key points - they are also a source of revenue. ...
Yes. The last thing you want to do when undertaking a home improvement is go overboard. This means fixing up the home to the point where it becomes worth far more than nearby neighborhood properties. ...
The direction in which you build can make all the difference. Experts say building up is normally less expensive than building out on the ground level. Adding an expensive wing or addition requires a new foundation. It is less costly to extend plumbing and other mechanical systems upward, as opposed ...
Yes, but only after you have sold your home. According to the IRS, home improvements add to the basis, or value, of your home. A tax-acceptable improvement is defined as one that adds value to your home, "considerably" prolongs your home's useful life, or adapts your house to new uses. ...
Yes, at least for a limited time. Congress made it a little easier to upgrade your windows while reducing your taxes. The Energy Policy Act of 2005 offers consumers a tax credit for replacing old appliances and home products with energy efficient models. The tax credit is up to $200 ...