Are you planning a facelift for your home in 2023? 

by Kara Murray, Partner

Alair St. Albert

Renovations can add value to your home as well as make it more functional, efficient and cosmetically updated. But let’s face it. Home renovations are stressful. The time, the energy, the money and the mystery of the unknown all contribute to a project that can feel overwhelming and expensive. In order to keep your stress to a minimum, and your bank balance higher, I would suggest avoiding these common challenges while remodelling your home. 

 

Living In Your Home During The Renovation Process 

Cutting Costs The Wrong Way 

Renovations can be a big expense, and often clients underestimate the price tag that goes with it. Most people don’t have an endless supply of money and have to work within a budget (that’s life eh?) There are some very poor decisions that can occur to “save money” but often cause more expense and problems down the road. One mistake is to always go with the cheapest quote. If someone is well below the average, there is a reason why. Often where you think you are saving $5,000 by going with one company or tradesperson, you will end up spending double that to have it fixed properly. Running a business costs money and if your contractor or trades aren’t charging enough to run their business and deliver their services, they will have to make up for that by taking on more jobs than they can handle. Which usually results in poor quality of work, incomplete work or extremely long completion periods. You want the best person not the cheapest. 

HVAC, electrical, plumbing, and structural expenses aren’t as sexy as flooring, cabinets, lighting, paint colours and all the other pretty finishings. However, taking short cuts on any of them is a definite no-no and will compromise the integrity of your renovations. Those are what make your home function properly and are an expensive area to fix if not done right. No compromise here please.  

Ok so this next one isn’t always a mistake if you are qualified and have the time to commit to the renovations, so this “heads up” is for those people who aren’t qualified nor have the time. It isn’t uncommon for people to offer to do work themselves to save some money (for example, install floors, paint, cabinets etc..) but this is rarely a good idea. Work that you do yourself is not under warranty. If you do a bad job, it’s on you to pay and fix it. Sometimes the work that is done by the client also takes longer so it pushes back the timelines of the project. Most of the time, it is more cost effective to pay the professionals.  

Suggestions for working within your budget: 

A good contractor will provide information about where all the expenses are so that you can make informed decisions moving forward.  

Starting Construction Without A Plan 

Please, Please, Please….don’t wing it. Don’t just jump in and start without having a plan.  It is exciting to imagine what your new space will be like and therefore become focused on getting it done now, but it is imperative that you take the time and effort to plan what you want, what needs to be done, the timelines, your various selections and the budget. A change in planning and designing might cost a couple hundred dollars but that same change done during construction will cost thousands. When you are spending good money on doing a renovation, you should make sure it is a wise investment. Planning, designing and estimating act as a sort of insurance policy that can mitigate soaring costs and unforeseen troubles while building. Nothing is worse than just jumping in and not being able to afford what you have started. 

Some questions to ask while planning: 

Not Involving A Contractor From The Get-Go 

The sooner you can involve a contractor the better. They can keep you informed throughout the planning and development of the project and get things back on track if costs and timelines are spinning out of control. They also understand the optimal sequence of things and behind the scenes actions that occur to bring about the completion of the project to the best quality and value. Rely on their expertise as that is what you are hiring them for and when you have one that truly understands what you need and want, they will be your best investment in your project.  

Look for my next article where I explain more about what a good Project Manager does for you!