Hello and welcome back to the Halifax Real Estate Blog with Brenda K! If you love all things Halifax and Real Estate, you are in the right place! Today we find ourselves day dreaming of dream home renovations! When is the last time you were dreaming of that updated kitchen, bathroom, plumbing improvement, or even adding that trendy new light fixture? All this day dreaming got us thinking!
Embarking on a renovation project can be an exciting endeavour, but it's also important to ensure that your dream renovation doesn't turn into a total nightmare. With the booming real estate market and an influx of renovation companies, it's crucial to ask the right questions before hiring a contractor to take on the job (Especially a project in your home, your biggest investment!). In today's blog post, we are diving into our top 8 questions to ask before hiring your renovation team to conquer the job!
1. Experience and Past Projects:
Inquire about the company's experience in the renovation business and the types of projects they've completed in the past. Knowing that they have relevant experience, especially for specific tasks like additions or structural changes, can provide reassurance.
2. Insurance and Liability:
Ensure that the company is a registered business with liability insurance. Request to see a copy of their insurance policy to verify coverage. Remember, no insurance means no hire, as it's vital for protecting both parties in case of accidents or damages.
3. Timeline and Workload:
Ask about the estimated timeline for completing the renovation and whether the company takes on multiple jobs simultaneously. Avoid potential delays by ensuring that the project won't be sidelined for extended periods due to other commitments.
4. Portfolio and References:
Request photos of previous work and contact information for references. Additionally, check online reviews to gauge customer satisfaction. While a perfect rating isn't necessary, pay attention to any recurring issues or red flags.
5. Pricing Structure:
Understand the company's pricing structure, whether it's a fixed price or based on hourly rates. Aim for a fixed price quote with clear provisions for additional charges if the scope of work changes. It's essential to budget accordingly and anticipate unforeseen expenses, such as unexpected repairs.
6. Subcontractors:
Inquire about how subcontractors are selected and managed. Ensure that specialized tasks like electrical or plumbing work will be handled by licensed professionals rather than general handymen. Quality craftsmanship and compliance with regulations are paramount.
7. Permits and Responsibility:
Clarify whether permits are required for the project and whose responsibility it is to obtain them. Taking the initiative to secure permits yourself can prevent future legal issues and ensure compliance with building codes.
8. Payment Schedule:
Understand the payment schedule and expectations. Reputable companies typically request a deposit upfront, with interim payments based on project milestones. Be wary of any demands for full payment before work begins or without clear progress.
Whether you're a novice renovator or seasoned homeowner, asking these questions can help safeguard your investment and ensure a successful outcome. For additional insights and resources, feel free to reach out to our team! There is also a link below for a FREE copy of our Home Improvements that Improve Value Guide!
Your dream renovation awaits—let's make it a reality!
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