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Considering a renovation or a new construction can be an exciting time for anyone owning a property of any kind whether it is a condo or home.
A simple conversation between the property owners, the design consultant and general contractor can easily identify the priorities and budget that are to be considered.
Good communication is necessary at this stage where the principles on both sides involved can identify whether there is a rapport, good dialogue and the prospect of a future working relationship.
Previous Renovation Knowledge
It is helpful if there is previous renovation knowledge but not necessary. A thorough explanation of the various components of a renovation should be discussed in detail identifying the positive aspects and the various vagaries or unforeseen negative aspects that may arise.
Type of Renovation
Identifying the type of renovation involves soul searching and budget crunching by all concerned. I encourage homeowners and business owners to prioritize exactly what they wish to accomplish while managing their budget.
My responsibility is to provide the best value for all products with regards to building supplies and finishes while I assist in managing the agreed budget.
I will also provide and introduce the proper trades, manufacturers and suppliers that best relate to the project at hand.
Drawings / Permit Requirements
Renovations of structural nature most often will require professional drawings and engineering assistance, which evolve in the purchase of a permit. This is for the protection of the homeowner and the contractor to ensure that the physical space is not compromised and safety is intact.
These are not costly and prove their worth when estimating the resale of any property. The necessary professionals are available to assist in this endeavor if it is ascertained the project requires this endorsement.
Value of Existing Home / Post Value
Determining the value of your home or office before considering a renovation can be a worthwhile exercise. This can help to identify your priorities and set a budget and phases necessary to complete the renovation.
Discussing the value of changes i.e. a kitchen or bathroom for instance can increase the value of your home for a future resale with extraordinary compensation. Perhaps it could be a complete renovation from a basement to a lower level living space. Perhaps it is an extension and top up that will extend the existing family living space forgoing a potential move.
There are diverse reasons why assessing the value of your existing home can be an excellent exercise in establishing the renovation priorities.
A simple updating of new colours and minimal furniture replacement can inspire a breath of fresh air in somewhat stale surroundings.
The post renovation value of your home will amaze even the most skeptical of the renovation process worthiness.
Real Estate Evaluation
Ask a professional to assess your home as to the existing value and proposed renovation value to determine the worthiness of the renovation process.