In cities and towns across the United States, the concept of a “next door neighbor” is alive and well. As neighbors, we can cultivate an atmosphere of support and friendship while still respecting privacy. One way to foster neighborly relationships is through home improvement projects. Home improvement projects not only create aesthetic and monetary value but can strengthen relationships between neighbors.

The first benefit of home improvement projects is the obvious monetary gains through added resale value. We see this benefit taken to the extreme when two neighbors both tackle home improvement projects at the same time. Studies have suggested that when neighbors both make upgrades, the overall value of their homes can increase significantly. The actual physical improvements to the property are easy to measure, but there are other more intangible perks associated with in neighborhood home improvement projects.

Another benefit of home improvement projects is the feeling of security it brings. Not only do new construction and other projects add tangible value to the home, but it also added intangible value as well. When neighbors can point to a new roof, fence, or deck, neighbors can feel sharper boundaries and clearer boundaries, providing a sense of security. When neighbors have conversations about plans for improvement projects, it can empower neighbors to look after each other