You should see an increase in your property value for these sorts of home improvements, but typically it will provide improved living standards for your family. If your home is more than ten years old, an improvement project maybe an upgrade to electrical systems or renewal of the kitchen and its appliances.
Before you begin any improvement project, you should plan it. These projects need an investment in time and money. Careful initial planning helps you to make sure that both of your investments, money & time, are utilized wisely to achieve the dreamed about results.
It is important therefore to take into consideration every aspect of the home improvement project. Do not get started a project without first determining the advantages and likely pitfalls involved. If you fail to do this, you will waste time.
The Outlook for the Home Improvement Industry Kermit Baker Joint Center for Housing Studies Remodeling Market Report 2012 IBS February 10, 2012 © 2 0 1 1 P R E S I D E N T A N D F E L L O W S O F H A R V A R D C O L L E G E
Table 13: Europe home improvement market geography segmentation : $ million, 2011 46 Table 14: Europe home improvement market distribution: % share, by value, 2011 47
©2012 PRESIDENT AND FELLOWS OF HARVARD COLLEGE What’s the Future Hold for the Home Improvement Industry? Kermit Baker – Joint Center for Housing
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