Your Next Big Project: Seven Steps To Help You Prepare For A Major Renovation

Screen Shot 2014-01-02 at 1.02.37 PM

1)  Identify the changes or additions you need for function, then add a wish list inspired by magazine articles or web resources. Don’t factor in cost at this stage.

2)  Consider how your project might affect other parts of the home (e.g. energy-efficient windows won’t be very effective if adjoining rooms are leaking air).

3)  Before planning changes in structure (e.g. walls) or utility locations (e.g. HVAC, plumbing and/or electrical), engage the advice of a trusted professional.

4)  Interview prospective contractors and their references. Choose the one most suitable, based on ideas, itemized costing, communication skills, realistic timelines, relevant experience and references.

5) Define a clear, realistic and affordable budget, leaving about ten per cent for contingencies.

6) Insist on liability insurance, licensed trade work, industry standards and inspections, material warranties and guarantees (as applicable), as well as a contract with reasonable timelines for consultation, design, permits, material acquisition and completion deadlines – with applicable penalties if breached unreasonably.

7) Be flexible, but avoid changing plans mid-project, if possible.

Tags: , , ,

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.