When it comes to home improvement, there are many ways to go about it. Some projects require no money at all, while others can add a lot of value to your property.

If you want to hire a contractor, you should be sure to verify that he or she is licensed in the state where you live. This is especially true if you’re working on a larger project, like a patio or fence.

You also need to know that the contractor has insurance. Make sure that he or she has a good reputation with the Better Business Bureau and Consumer Affairs. Also, ask neighbors and friends who have used a specific contractor for the quality of work.

If you’re not a do-it-yourselfer, you’ll want to have a detailed plan for your project. Make sure that you have a timeline and a payment schedule.

Before you sign anything, check with your local building codes office to make sure the contractor has all the necessary permits and inspections.

You may also want to establish a escrow account to hold the costs of your home improvement until it’s complete. In most states, if you don’t have enough cash to pay a contractor at the end of a project, the customer can sue you for actual damages.

A lot of homeowners are planning to spend more on their home renovations in 2021. Nearly two-thirds plan to hire a professional for at least some of their home improvement projects.