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Renovation (also called remodeling) is the process of improving broken, damaged, or outdated structures. Renovations are typically done on either commercial or residential buildings. Additionally, renovation can refer to making something new, or bringing something back to life and can apply in social contexts. For example, a community can be renovated if it is strengthened and revived. It can also be restoring something to a former better state (as by cleaning, repairing, or rebuilding). Renovation is very common in some places. For example, there are more than twenty thousand home improvement projects every year in 

Renovations refer to the process of updating, improving, or restoring an existing building, structure, or space to enhance its functionality, aesthetic appeal, and value. Renovations can include:

1. Cosmetic updates (e.g., painting, flooring, fixtures)
2. Structural changes (e.g., additions, reconfigurations)
3. System upgrades (e.g., electrical, plumbing, HVAC)
4. Exterior renovations (e.g., siding, windows, roofing)
5. Interior renovations (e.g., kitchens, bathrooms, finishes)
6. Historic preservation and restoration
7. Accessibility and universal design improvements
8. Energy efficiency and sustainability upgrades

Renovations can be done for various reasons, including:

1. To update outdated designs and materials
2. To improve functionality and livability
3. To increase property value and marketability
4. To address maintenance and repair issues
5. To enhance safety and accessibility
6. To incorporate new technologies and smart home features

Renovation includes upgrading basic features, repairing etc.
Remodeling helps improve the design and layout of projects, while renovation improves curb appeal.
Renovations result in better ROI.
Remodeling is often more expensive than renovating.

I hope this helps! Let me know if you have any further questions.