Home improvement is the repair, maintenance, restoration or improvement of residential real property, such as a house or a yard. Improvements are usually made to a home in order to increase its value, make it more functional or to improve the quality of life inside and outside the house. Some examples of home improvements are adding a new roof, repaving the driveway or remodeling the kitchen or bathroom.
Many people jump into a renovation project without taking time to think about what they really want from their home and how much it will cost. This can lead to overspending and, if the work isn’t done well, it can also be a big waste of money. It’s important to know what home improvements add the most value so that you can choose ones that will fit your budget and your lifestyle.
There’s been a boom in the home improvement industry during the pandemic and it is predicted that homeowners will continue to spend on upgrading their homes in 2023 as well. Many consumers have found satisfaction in renovating their houses and the experience has even inspired them to carry on with more projects.
Depending on the type of work, some home improvement projects may require permits from local government agencies in order to ensure safety and compliance with various codes and regulations. The permits can be obtained from the agencies by submitting a application with required fees, which are typically assessed based on the scope of the work being undertaken. Some of the major categories of home improvement include :
Kitchen and bathroom updates are among the most popular renovations because they can greatly increase your comfort while you live in the house, as well as improve its resale value. This can include refreshing shower areas, replacing vanities and toilets, laying new tiles or simply fitting updated fixtures and lighting. It’s important to stay within the style of your neighborhood when making these improvements so that you don’t overspend and end up with a house that looks out of place in your community.
It’s also important to hire a contractor with a good reputation and a history of reliable service. You should never rely on price alone when choosing a contractor, as estimates can vary dramatically. You should always compare the type of work that will be performed, the contractor’s previous experience and the level of customer service. It’s a good idea to check whether the contractor is licensed and insured, and to ask for written warranties and guarantees on the work that will be carried out. The contracts should also contain an arbitration clause and the name of any arbitration agency that will be used as well as a disclosure that the contract is subject to mandatory arbitration if the parties cannot reach an agreement on any disputes. This is a requirement for all contracts under Maryland law.