Renovating your home provides a lot of benefits to your household. Not only will it update the look of your home, but it can also give you more space to move around. With a better house to live in, it’s a definite lifestyle upgrade. A whole-house renovation is also a way to increase the resale value of your property. Today, many Canadian homeowners sell their houses instead of staying for a lifetime. Some people don’t even wait for their mortgage to end.
If you’re planning a home renovation soon, here are a few tips to help you with your project:
1. Decide How You Will Manage the Project
To start, you must decide whether you can manage to do the whole-house renovation yourself or you prefer to hire professionals. You can find professionals who specialize in home renovations from classified ads or from referrals.
If you’re confident about your own skills, it’s good to take over the project on your own. However, you may need to hire professionals to take care of your plumbing and electrical needs. You can also try delegating some of the manual labour needed in the project. This will lighten your load and save you time from doing everything on your own. Talk to a home-renovation contractor to discuss the details on how to go through the project together.
2. Decide How You Will Fund Your Project
You must foresee the costs involved in a home renovation project. On top of the cost of materials, you will also have to spend on designers’ fees and contractors’ commissions. Try to control the materials that come in and out of your home, and make sure that everything is used, or you can return the excess materials.
A remodelling project can become extremely costly, depending on the scale of your project. It’s best to think about your funding options, such as obtaining a traditional home equity loan. To help save on costs, consult an experienced professional about possible ways to lower your expenses, such as buying in bulk or obtaining a labour and materials package.
3. Prepare for Issues and Concerns That Arise from the Project
Before starting your renovation project, it’s best to prepare yourself for the issues and concerns that may arise from the project. During the project, you will have to manage contractors and work crews. Make sure that you have a good relationship with them by communicating your concerns properly. It’s essential to be clear about your expectations with your crew so that you can attain your goals successfully.
4. Prepare for Permit and Zoning Issues
Another critical issue to take care of before the project begins is acquiring the proper permit and zoning requirements. Take note that building permits can take months before they are approved. Zoning permits, such as building or home-addition, can take weeks to months, as well. Meanwhile, electrical permits or demolition permits will take a few days to obtain. If you plan to have a large-scale project, make sure that you secure the zoning permits early. You wouldn’t want to postpone your project just because of permit requirements.
Home renovation is a good idea not only for you but also for your future buyers. To find out more details, talk to our home renovation contractor in Toronto, Ontario that can guide you with your project. Get in touch with us today to see how we can help.