Home improvement is a popular way to improve your home and increase its value. Whether you’re looking to do your own DIY projects or hire out professionals, there are many ways to go about it.
The most common home improvement project is a kitchen or bathroom renovation. These are often expensive but they can make your home more attractive to potential buyers.
Other popular home improvements include adding a master suite and landscaping. These projects are more about making your home more comfortable and enjoyable for you than they are about improving its resale value.
When you’re thinking of doing a home improvement, it’s important to consider what will add the most value and appeal to a wide range of buyers. You don’t want to spend too much money on upgrades that aren’t going to bring you a big return when it’s time to sell.
Using a home equity loan is another option that many homeowners use to finance renovations. These loans are repaid over five to 30 years via fixed monthly payments.
A home improvement contract should be in writing, signed by the homeowner and the contractor. It should contain the contractor’s name, address and Maryland home improvement license number. It should also be signed before any money is paid to the contractor. It is also a good idea to check business references before hiring a contractor.