The economic downturn and sluggish recovery may not be so bad after all. Though it brought many problems, it also has certain benefits that people, homeowners specifically, can and should take advantage of. One of these benefits is the affordable yet rewarding task of starting a home improvement project. Steve Brown, Real Estate Editor for The Dallas Morning News, has written an article that includes a discussion on the topic with Kermit Baker of Harvard University:
“One of the things that is driving that is a lot of home equity folks can borrow against,” said Kermit Baker, with the Joint Center for Housing Studies at Harvard University. “Homes that are underwater on their mortgage are very difficult to do a remodeling project.
“It is now easier to justify a home improvement project.”
As in previous cycles, Americans are spending most of their remodeling dollars on new kitchens and bathrooms.
But they are also shelling out dollars to install energy savings-related upgrades, including new doors and windows and more efficient heating and air-conditioning systems.
“Almost 30 percent of [remodelers’] revenue now is coming from projects where environmental sustainability is a stated objective,” Baker said.
Home improvement projects lead to houses that are more attractive, comfortable, cozy, and cleaner. Improvements such as those in the kitchen and bathroom can also add to the value of homes, and even make people eligible for tax credits. Meanwhile, there are those who will opt for projects to make their houses environment friendly and energy-efficient. To do any or all of these, homeowners will need the help of qualified West Palm Beach general contractors.
General contractors are professionals that have years of industry knowledge and experience under their belt. Hiring one to execute personal home improvement projects would be advantageous as this gives assurance that the homeowners’ visions and the benefits that entail it will be realized. Plus, licensed contractors are knowledgeable of all local laws and regulations affecting building, construction, and zoning issues.
People can also benefit from the network of suppliers and subcontractors a contractor has. This would help homeowners get the best deals on the needed wood for their flooring and a great window to view the beachside. They can also be certain that they will have the best or the most qualified plumbers, electricians, and carpenters working on their project. It will save people time and money than doing the improvements themselves or relying on amateurs.
General contractors in West Palm Beach, such as Palm Beach County Contractor, are very much dedicated to providing topnotch services to realize the benefits of their clients’ home improvement projects. Got a project in mind? Get a general contractor.
(Source: Higher home values are fueling a resurgence in residential remodeling, Steve Brown, February 7, 2014)