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Home Improvement vs. Home Repair

Posted on August 10, 2010
Filed Under Home Improvement |

What?s the difference between home improvement and home repair? Both refer to things you can do that will make your home more comfortable and that will escalate its value. The two terms aren?t synonymous, though.

Home repair refers to actions that will restore a property to its ?normal? state. A pipe breaks. You fix the pipe. When you?re done, you?re no better off than you where before the incident. Sure, you?re in better shape than you were during the ?broken? period, but you aren?t having an impact on the home that exceeds the ?baseline?.

Home improvement, on the other hand, refers to actions that will elevate the property?s value and/or comfort over that baseline. You have an empty attic. You transform it into a guest room. You?re now better off than you were before you took action. That?s home improvement. The word ?improvement? makes all the difference in the world, doesn?t it?

So, think about your goals and what you?re planning to do. Home repairs are the ?musts?–you don?t want your home to slide into disrepair or to lose value. Home improvements are the ?investments?–they?re the way to get the most out of your property.

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