Renovation Terms to Tackle | Real Estate News & Insights
If you’ve ever had work done on your house, you’ve probably heard contractors spout a few terms that have you scratching your head. For example, what exactly is “R&R”—an afternoon siesta? And for that matter, what exactly are you doing to your home—a renovation, restoration, or remodel?
For starters: A renovation is making something that’s old new and improved (ie, updating your master bathroom with new tiles and fixtures). A restoration is returning something to its original state (like pulling up the carpet and sanding and polishing the hardwood floor). You remodel is giving something a whole new purpose (converting