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Home or residential renovation is a $300 billion industry in the United States, and a $48 billion industry in Canada.
What is home improvement? Home renovation or home improvement is the process of making additions to one’s home or renovating it. As a rule, a professional handyperson is hired to perform the work; however, typically, most improvements are done on the DIY basis by the homeowners.

While the term usually refers to building projects that alter the structure of an existing home, the process can include improvements to lawns and gardens and outbuildings like gazebos and garages. Home improvement process usually has one or more goals. The first option for the home improvement is beautification and added features. This may include wallpapering, installing wood paneling, adding new flooring, upgrading cabinets, fixtures, and the like, replacing siding and windows, improving the backyard, etc. Comfort is also very important. With this purpose upgrading of heating, ventilation and air conditioning systems, increasing of the capacity of plumbing and electrical systems, basements waterproofing, and rooms soundproofing are conducted. Maintenance and repair can add considerably to the renovation of any home. Here we should mention roof tear-off and replacement, concrete and masonry repairs to the foundation and chimney, repairing plumbing and electrical systems. Safety and preparedness are vital. Usually, at this point home fire and burglar alarm systems are installed, security doors, windows, and shutters, storm cellars, and bomb shelters are constructed.

There are certain companies that contribute to the renovation industry.

Supply businesses such as Home Depot and Lowes provide all the necessary materials and tools to assist in home renovations. A number of media and online companies and home improvement site offer guidelines, tips, and trends to give homeowners the ideas for design and décor.

Both Home Depot and Lowes have been on the market for quite a long time.The Home Depot is the largest home improvement retailer in the United States, ahead of rival Lowe’s, and the second-largest general retailer in the United States, behind only Wal-Mart.

Home Depot. The Home Depot is a retailer of home improvement and construction products and services. Home Depot is headquartered in Vinings, just outside Atlanta. The Home Depot operates 2,141 big-box format stores throughout the United States, Canada, Mexico and China. The world’s second largest Home Depot opened in 2007 on the island of Guam. The Home Depot was incorporated in 1978 in Atlanta, Georgia by Bernie Marcus, Arthur Blank, Ron Brill, and Pat Farrah.

Lowes. Lowe’s Home Improvement Warehouse is a chain of retail home improvement and appliance stores. Lowes has been on the market since 1946. It was incorporated in North Wilkesboro, North Carolina. At the present time, the company operates 1,424 stores in 50 states and Canada. The first store in Canada opened in 2007. Lowe’s Companies, Inc is 45th on the Fortune 500 list. Lowe’s purchased Eagle Hardware & Garden in 1999.