How to Proactively Plan for Your Home Renovation

Dec 19, 2016 | Blog | 0 comments

If you want to make certain that your home renovation project will go according to plan, there are a few things that you should do to prepare. This is true whether yours is a smaller, do-it-yourself project, or a more complex makeover that calls for the hiring of a home renovation contractor, or other expert.

Decide Why You Want to Renovate Your Home

The first step in being proactive about your home renovation is to determine exactly why you want to make changes to your home. Is your kitchen project meant to increase the floor space, or upgrade the appliances? Are you finishing the basement so that you can add an office, or create a comfortable place to watch movies? One typical reason that homeowners give for wanting to renovate is to increase the value of their home before putting it up for sale. If you are someone that falls into this category, it would be wise to first consider what type of renovation you intend to pursue, and how you are going to achieve your goals.

For example, some studies have shown that even a minor kitchen remodelling can significantly increase the value of your home, and has a better return on investment for homeowners than many other types of home remodelling. Other kinds of home improvements with good investment returns include basements, bathrooms, windows and flooring. With that being said, cost, quality and design all play an important role as well. This is another reason why homeowners opt for the assistance of a remodelling contractor or home remodelling expert for the best possible results.

Research Your Local Building Code

Before finalizing your home renovation plan, it would be smart to familiarize yourself with the local building codes. In addition to the codes that exist on a national level, provinces may have unique parameters of their own. The Alberta Building Code, for example, may or may not be any different from the British Columbia or Ontario building code. So, no matter where you live in Canada, check to make sure everything lines up.

Determine Your Home Renovation Project Cost

Another crucial consideration that should be at the front of your mind when planning your home renovation project is the total cost of the remodel. Setting a firm budget beforehand will enable you to determine what the scope of the project should be, and whether or not your plan is realistic and feasible. The experts over at PC Financial had the following to say about budgeting: “The first step is to cost out the project. How much do you expect to spend on your intended home reno’s? Build in a buffer for those unexpected expenses that always seem to pop up (usually 10% to 20%) and make a note of must-haves versus nice-to-haves that might lower costs.” That seems like pretty sound advice to us.

Carmax Consulting is a construction management and general contracting company located in Alberta’s capital region. We are industry leaders in commercial and residential renovations and improvements for homeowners, tenants and businesses. If your home requires an update or an overhaul for any room in your residence, please don’t hesitate to contact us today.