Renovating can add value to your property when completed correctly, however, mistakes during a renovation can destroy your budget. Buying materials, setting up work schedules, and even coordinating repairs with your family all must be taken into account during a home renovation in Toronto. If you make mistakes, not only will you lose money, but you will also set your project behind in terms of timelines. There are a few common mistakes that many property owners make during a renovation. iRemodel Home Renovations has made a list of the top seven to help you avoid them.
Constant Project Changes
Too many projects get derailed by last-minute or constant changes to the plan. Small changes like a switch in paint color won’t affect your project, but changing the layout mid-way can and will. Changes not only increase your cost but they also result in project delays.
Not Securing Permits
Most home remodeling projects require a local permit. There are a few that don’t, however, you might be surprised at how many property owners start a project without doing their research. If you are working with a professional construction company they will most often secure permits on your behalf, but it is a good idea to do your own research. If you are found working on your home without the right permits you can and will end up being fined. Even if you are not caught, you will get fined if you try to sell your home later down the line.
Lack of Contractor Management
Managing the contractors working on your project is very important. Too many property owners assume that the workers will know exactly what you want without proper communication. Always lay out your wants and needs in addition to your expectations. Keep the lines of communication open to fix any issues that do arise.
Not Setting a Budget
Budgeting for a renovation project is one of the most important steps. There is no way to set an exact budget for something that has a lot of moving parts but you can set a general budget. Plan out the cost of each aspect of your project and then add an extra 15% to the total to accommodate for changes or setbacks.
Trying To Do Too Much
A lot goes into home renovations, much more than the average homeowner realizes. Many try to do portions of the project on their own to save time or money, to their detriment. Think about your actual skills and abilities before taking on a project on your own. Instead, leave the hard work up to the pros.
Neglecting Due Diligence
Choosing the right contractor or company to renovate your home is as important as securing the permits. Check to see if the company you plan to hire has active bonds and the proper licenses to complete the work at hand. Check reviews and speak with past clients in regards to reliability and workmanship before signing any contract.
Not Putting Safety First
Any ongoing work in your home carries a potential risk to safety. There are a number of accidents that can occur, so it is important to put safety at the top of the priority list. Always ensure workers are wearing proper gear and keep your family and pets out of work areas. As always, iRemodel Home Renovations is here to help with any of your home renovation needs. Give us a call at (416) 825-2542 to find out more