Home improvement, also known as home renovation, is the process by which you modify your own house or apartment to make it more suited to your needs and preferences. The goal is to increase the comfort, safety and functionality of your property and to enhance its aesthetic appeal. Home improvements may be DIY projects, or you may hire a professional contractor to complete the work. Some popular home improvement projects include installing a new kitchen or bathroom, adding an addition to your house, remodeling the basement, or painting and re-grouting tile.
While many homeowners enjoy the benefits of Home improvement, some are primarily motivated by the desire to improve their home’s resale value. This is especially true in markets that experience a boom in real estate values, when the equity in your home can increase rapidly. However, this method of increasing home value is not the most reliable, and it’s important to make sure that any renovation you undertake has a practical purpose for the current and future owners of your property.
Luckily, there are plenty of ways to add value to your home without going into debt or running through your savings. Painting, re-grouting tile and power washing your driveway are all affordable projects that can improve your home’s curb appeal and potentially help it sell in the future. When it comes to hiring contractors for Home improvement, make sure you get any promises or guarantees in writing before any work begins. In addition, Maryland law requires that all contracts for Home improvement contain the contractor’s name, address, MHIC license number and details of any warranties offered by the contractor.