Renovations (also called remodeling) are the of improving process a broken, damaged, or outdated structure. Renovations are typically either commercial or residential. Additionally, renovation can refer to making something new or bringing something back to life and can apply in social contexts.Renovations (also called remodeling) are the of improving process a broken, damaged, or outdated structure. Renovations are typically either commercial or residential. Additionally, renovation can refer to making something new or bringing something back to life and can apply in social contexts.