If you made any home improvements in 2016, you may be eligible for a tax break or two. Certain home improvements — or certain lines of credit that can be used for home improvements — qualify for a deduction or tax credit from good old Uncle Sam. As you prepare your taxes this year, here are few of credit and deductions to keep in mind. Continue reading “Made Home Improvements Last Year? You Could Get a Tax Break”
Though it’s not quite a return to boom times, the 1,226,000 new homes built last year was the most since 2007. Add in the fact that Americans are projected to spend a near-record $317 billion on home improvement this year, and the housing industry is clearly on its most solid footing in years.
That translated into plenty of energy and excitement at this year’s Design & Construction Week, in Orlando, Fla. The event combines the Kitchen & Bath Industry Show and the International Builders’ Show.
A team of Consumer Reports home editors and market analysts joined more than 80,000 design and construction professionals at the Orange County Convention Center, where about 1,500 manufacturers and suppliers unveiled their latest appliances, kitchen and bath fixtures, building materials, and more. A trade show of this size and scale almost defies trendspotting, but patterns did emerge as we traversed the 569,000 square feet of floor space. Here are seven developments we expect to see more of in 2017. We included pricing and availability information, where we could. Continue reading “7 Top Home Improvement Trends for 2017”
Plan ahead to avoid potential renovation mistakes
Renovations can be a challenging undertaking depending on how well you plan for the activity. There is the potential risk of things going contrary to your expectations. Before you start considering any renovations to your home, it is important to ask yourself why you are renovating and how you want your home to look like. So just what do you need to know before you renovate? Continue reading “7 Factors to Consider Before You Renovate”