Maryland Home Improvement Laws
Home improvement is a multibillion-dollar industry that encompasses many different home renovation projects. Some homeowners seek to increase their home’s value by undertaking major renovations, such as adding a pool or installing new windows, while others choose more modest improvements, such as painting or re-grouting tile. Whatever the project, it is important to make sure that it complies with Maryland’s Home Improvement Law. This law requires that all contracts for home improvement be in writing, signed by both the consumer and contractor, and have the contractor’s name, address and MHIC license number preprinted on the contract.
The most popular home improvements involve remodeling kitchens and bathrooms. Improvements to these rooms can add the most value to your home. Other common upgrades include replacing doors and windows, adding a deck or patio, and upgrading the landscaping. Before spending money on home improvements, consult with a real estate professional to learn about specific renovations that will add the most value to your home.
When choosing contractors to complete a home improvement, always obtain estimates from several companies. Prices can vary widely, but other factors, such as reputation, experience and business references, should also be considered. Avoid hiring a company that does not carry general liability insurance and worker’s compensation coverage.
Be careful not to overspend on home improvements. High-end upgrades may not pay off at resale time, and can detract from the overall curb appeal of your home. For example, if your neighbors have simple vinyl siding and a standard doorknob, adding expensive granite countertops and top-of-the-line appliances to your home will set it apart from the neighborhood and possibly turn off potential buyers.