What is Home Improvement?

Home improvement

Home improvement, also called house renovation or reworking, is the process of upgrading a home, including its interiors, exteriors, and systems. It can be done to enhance the aesthetics of a home, make it more energy efficient, or simply improve its functionality. Home improvements can be very expensive, and the resale value of a home is often influenced by the amount of money that was spent on the project.

A popular home improvement project is adding an extra bedroom and bathroom to a house, as it adds value and makes the living space more comfortable. Other common house renovations are installing new kitchen appliances, cabinets, and countertops; adding a deck or patio; or replacing old windows and doors. Many of these projects are expensive and may not return a high return on investment, but some do.

When choosing a contractor for a home improvement project, it is important to perform due diligence by checking the company’s credentials and licenses. Maryland’s Home Improvement Law requires that all contracts for home improvement work be in writing and signed by both the consumer and contractor before any work is performed or money is paid. The contract should clearly describe the project, materials to be used, and approximate dates when the work will begin and be substantially completed. The contract should also state whether the contract includes an arbitration clause and if so, the name of the arbitrator. An arbitration clause must also include a statement that any claim against the Home Improvement Guaranty Fund is stayed until the arbitration has been completed.