Whether you’re working with a contractor for your home renovation or overseeing the work yourself, you will need to be very careful about how you conduct the whole process. Otherwise, your bid to create a dream home can end very sourly in a house that’s worse than it was before.
Any contractor worth his salt will have already told you some of these things, but just in case they didn’t, here are some tips to ensure that you come out of your project with your chin up and the house of your dreams.
- Plan, plan, plan
We say it three times, but we actually mean to say it three million times. Whether you’re renovating a single room or your entire home, you need to be prepare extensively before a single sledgehammer hits your wall. Your plan should include details on your budget and how you intend to cover all costs.
In addition, you should outline an agreement with your contractor, such as Edmonton Renovation Pros, detailing exactly what work shall be done on your house. This should include materials and timelines, which you can work with the contractor to build. You need to see the entire process on paper before starting anything.
- Get a contingency fund
Every contractor will tell you that things almost always never go according to plan with home renovations. Anytime you tear down a wall or floor, you’re likely to find something unexpected, especially in older homes. They may be plumbing or electrical issues that must be sorted before work proceeds or any other issues.
Your contingency fund is what will cover these unexpected costs, so ensure that you set aside a generous amount (at least 5 percent, but more like 10-20 percent) to cover any contingent issues. Material prices can shoot up overnight. Your contingency fund is NOT to be used to stretch your budget on unnecessary things; it must stay intact until your renovation is complete, then you have a free pass to add any extras.
- Buy materials with wisdom
The best thing you can do for your pocket is to make every decision ahead of time. Decide on all the materials needed before you start the work, depending on your budget. The last thing you want is an open wall in your house because cement prices shot up somewhere mid-project and you have no more money. It is far better to delay the starting point until you have all the materials money than to plan on income that isn’t in your pocket yet.
Also, you want to ensure all measurements and quantities have been taken by professionals and you have the right bill of quantities before buying any materials. Even if you have a general contractor, see to it that the electrician handling your renovation takes his own measurements, and do so with every other professional. While it may be tempting to move fast so you can take advantage of time-limited offers, be sure to do so only after consultation.
It is clear that planning properly is the key to a successful renovation project. Only by planning and research will you be able to learn that your Victorian home can’t handle every aspect of your ultramodern kitchen, for instance. Proper planning and consultation can save you thousands of dollars in money and heartaches.