Home renovation is the concept of remodeling your home. It is a process done by adding, removing, or reshaping an existing home interior, exterior, and may extend to make other adjustments to the property itself (garden, or garage). When it comes to home renovation projects, there are many things that your construction company can perform for you.
Home renovation projects may include:
- Installing or upgrading heating, ventilation, and HVAC systems (AC systems).
- Installing or upgrading rooms with necessary or luxuries additives.
- Increasing the capacity of the existing electrical systems.
- Increasing and maintaining plumbing systems.
- Waterproofing underground spaces and basements.
- Soundproofing rooms like bedrooms, bathrooms, and office areas.
- Replacement and tear-off of roofs.
- Installing new windows or upgrading existing ones.
Moreover, home renovations can extend to maintenance and repair work including:
- Repairs done to the foundation and chimney.
- Fences repairs.
- Repairing old wallpapers.
- Furniture polish.
Home renovations are a great way to create new areas around the house, like turning a basement into a home theatre or an office. Additionally, you can create more space by adding a complete extra level to your original roof.
Home Renovation Industry
The home renovation industry is a growing business in both the USA and Canada. As a matter of fact, the home renovation industry is considered one of the oldest industries on the face of the Earth. Some records date back to the first century B.C. when Sergius Orata invented the hypocaust. Which is an underground heating system, that was used throughout the Roman Empire. According to statistics, the home renovation industry amount to approximately $300 billion in the USA, and approximately $48 billion in Canada. The average cost per project in the USA is $3,000 while an average of $12,000 in Canada.
Home renovation as an industry was popularized among people in the USA and Canada by the time “This Old House” premiered on TV starring Bob Vila. After that, the topic of home renovation became the subject of so many movies, especially the family-friendly ones