Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Capital Improvement Capital Improvement November 9, 2021 Any component constructed as a permanent improvement to real property that increases its value and adds to its useful life.You Might Also Like: Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Living QuartersUnderstanding Mortgage Interest Rates