Whether you are upgrading your home, improving the exterior or improving your home’s interior, it’s important to hire the right contractor to ensure that your project is completed to your satisfaction. You’ll also need to make sure that the contractor you hire has a license and is insured.
Home improvement spending is estimated to increase by 4% each year. It is expected to reach $510 billion by 2024. In most states, home improvement work is exempt from labor taxes. You can find out more by checking with your local building codes office.
Home improvement contractors are required to be licensed by the state or county in which they operate. A contractor who doesn’t have a license can be fined by the state for a civil violation of $100 per day.
Home improvement customers look for professionalism and quality work. They also look for a fair price. You can get a good idea of what you can expect by comparing the prices from multiple contractors. You can also ask friends, family and other contractors for references.
The Weatherization Assistance Program is also available for free to help you improve the energy efficiency of your home. You may also be eligible for a government-issued home improvement loan, which has different requirements from state to state.
If you are hiring a contractor, make sure to discuss payment options. This may include a down payment and incremental payments until the project is complete. Also, make sure to check with your local building codes office for specific information about permits and inspections.