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Keep the golden rules of renovation in mind.  (Photo: Flickr user, stormfall)
Keep the golden rules of renovation in mind. (Photo: Flickr user, stormfall)

Golden rules of renovation

by - Story: 48939


Keep the golden rules in mind.

Golden Rule# 1: Don't choose a renovator on price alone.

The Canadian Renovator's Council of the Canadian Home Builders' Association offers a number of golden rules to help renovating homeowners achieve their goals.

  • Know what you want. Take the time you need to explore the possibilities for your home and develop a firm plan. Begin with the fundamentals - what do you need and how you want your “new” home to look, feel and work for you and your family?

  • Set a realistic budget. Decide as early as possible how much money you want to spend - this allows you and your renovator to focus on the work that is doable within that budget. Experienced renovators can provide sound cost advice.

  • Plan for the long term. Thinking ahead avoids short-term renovations that may need to be redone in the future. Discuss your short and long-term goals openly with your renovator. Professional renovators can conduct a thorough inspection of your home and offer suggestions for the most effective sequencing of work over a period of time.

  • Don’t jeopardize the quality of your renovation by compromising on the quality of products or materials. If it’s worth doing, it’s worth doing well, and that means using products that offer the right combination of performance, durability and aesthetics.

  • Don’t choose a renovator on price alone. While it is always
    tempting to go for the lowest price, you need to consider the implications of doing so. Does the renovator understand what’s involved in your project and have the necessary experience? Will the renovator offer a warranty on the work? Will the renovator still be in business if you need to call back?

  • Protect yourself. Dealing with a professional renovator is your greatest protection against an incompetent or unfinished job. A written contract spells out the arrangements between you and your renovator and describes your renovation in detail. Professional renovators also carry Worker’s Compensation, liability insurance and any licenses required by
    your province.

  • And don’t buy from a door to door salesperson without carefully checking out the company. Before you enter into any kind of agreement, talk with friends and family. Contact your local Home Builders’ Association to see if the company is a member. Also check with the Better Business Bureau to see if anyone has lodged a complaint against the company.

    (Source: Canadian Home Builders Association)


  • More The Mortgage Gal articles

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    About the Author

    Tracy Head and Laurie Baird help busy families find mortgage solutions. Together they have more than 45 years of experience in the mortgage industry.

    With today’s increasingly complicated mortgage rules, Tracy and Laurie spend time getting to know the people they work with and help them to better understand the mortgage process. They support their clients before, during, and after their mortgage is in place.

    Tracy and Laurie work closely with their clients, offering advice and options. With access to more than 40 different lenders, Tracy and Laurie are able to assist with residential, commercial, and reverse mortgages in order to match the needs of their clients with the right mortgage package.

    They work closely with their clients to find the right fit, and are around to provide support for years down the road!

    Contact them at 250-862-1806 or visit http://www.okanaganmortgages.com

    Visit their blog at https://www.okanaganmortgages.com/blog

     



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    The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet does not warrant the contents.

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