Home Improvement in New York
Home improvement, otherwise known as home renovation or home remodeling, is a common activity performed to improve a home. It involves undergoing projects to enhance the home’s interior and exterior. These projects can be completed for a variety of purposes, including adding new features and amenities. Home improvement projects can range from simple repairs to complete home makeovers.
Before hiring a contractor, you should ensure that the company is licensed to carry out home improvement work in New York. Typically, a corporation must have one of its officers carry a valid license, while individuals must have their own license. However, some counties allow for the transfer of licenses to another party, but this must be approved by the licensing authority.
The home improvement market is highly competitive. Major vendors compete on price, product portfolio, and premiumization. Competition is also fierce in the do-it-yourself segment. This segment is highly fragmented by distribution channel, with a wide range of products available in many different stores. For example, a retailer can offer a wide range of home improvement products, including paint, wood, and furniture. A retailer can also offer a wide selection of home improvement accessories to complement a home improvement project.
While some home improvement projects can be costly, they will add value to a home and increase the chances of reselling. For those who are planning a major home improvement project, consider contacting a real estate agent for advice.