Shanghai with latest Improvements

The concept of property improvement, Property renovation, innovation, or remodeling is the process of renovation or making additions to one’s property. Property improvement can be projects that upgrade an existing property interior such as electrical and plumbing, exterior; masonry, concrete, siding, roofing, or other improvements to the property for example garden work or garage maintenance or additions.

1. Types of Property Improvement

1.1 Comfort

1.2 Maintenance and Repair

1.3 Additional Space

1.4 Saving Energy

1.5 Safety and Preparedness

Property improvement often refers to building projects that alter the structure of an existing property, it can also include improvements to lawns, gardens, and outdoor structures, such as gazebos and garages. It also encompasses maintenance, repair, and general servicing tasks. Property improvement projects generally have one or more of the following goals:

1.1 Comfort

Upgrading heating, ventilation and air conditioning systems HVAC.

Upgrading rooms with luxuries, such as adding gourmet features to a kitchen or a hot tub spa to a bathroom. Increasing the capacity of plumbing and electrical systems.

Waterproofing basements.

Soundproofing rooms, especially bedrooms and baths.

1.2 Maintenance and Repair

Maintenance projects can include:

Roof tear-off and replacement.

Replacement or new construction windows.

Concrete and masonry repairs to the foundation and chimney.

Repainting rooms, walls or fences

Repairing plumbing and electrical systems

Wall papers

Furniture polish

1.3 Additional Space

Additional living space may be added by:

Turning marginal areas into livable spaces such as turning basements into game room, home theaters, or home offices or attics into spare bedrooms.

Extending one’s house with rooms added to the side of one’s property or, sometimes, extra levels to the original roof. Such a new unit of construction is called an add on.

1.4 Saving Energy

Property owner may reduce utility costs with:

Energy-efficient thermal insulation, replacement windows, and lighting.

Renewable energy with biomass pellet stoves, wood-burning stoves, solar panels, wind turbines, programmable thermostats,[3] and geothermal exchange heat pumps (see autonomous building).

1.5 Safety and Preparedness

Emergency preparedness safety measures such as:

Home fire and burglar alarm systems.

Fire sprinkler systems to protect homes from fires.

Security doors, windows, and shutters.

Storm cellars as protection from tornadoes and hurricanes.

Bomb shelters especially during the 1950s as protection from nuclear war.

Backup generators for providing power during power outages.

Home improvement industry

Home or residential renovation is an almost $3000 billion industry.  The average cost per project is $10,000.

Property or commercial renovation is an almost $10000 billion industry. The average cost per project is $20,000.

Renovation contractors

The most important or visible professionals in the renovation industry are renovation contractors or skilled trades. These are the builders that have specialized credentials, licensing and experience to perform renovation services in specific municipalities.

While there is a fairly large number of unlicensed companies, there are those that have membership in a reputable association and/or are accredited by a professional organization. Property owners are recommended to perform checks such as verifying license and insurance and checking business references prior to hiring a contractor to work at their properties.


Further Reading

Refer to additional pages on website.


Property Repair