Industry Expert: Professionals Prosper

Industry Expert: Professionals Prosper

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Industry Expert: Professionals Prosper

by Bryan Tuckey

How to set the wheels in motion for a successful renovation

The keys to any successful renovation are thoughtful consideration, preparation, and working with a professional who executes that plan.

FIRST THINGS FIRST

The first consideration is to understand why you are renovating. Are you renovating to improve the value of your home for a quick sale, or are you doing it to improve functionality and increase the enjoyment of your home?

Another critical step early on in the process is to hire a professional renovator. The easiest way to find out is to ask prospective candidates if they are part of the national RenoMark program. BILD created the RenoMark program in 2001 to help GTA homeowners differentiate professional renovators from underground contractors. The program has been so well received that it is now used to distinguish professional renovators in nine provinces and more than 40 municipalities across Canada.

Photography: bigstock.com
Photography: bigstock.com

PROFESSIONAL & PROACTIVE

RenoMark renovators abide by a renovation-specific code of conduct, which includes things like providing a written contract, offering a minimum $2 million in liability insurance, providing two years warranty on all work, and having all applicable licenses and certificates.

Many renovation projects require you to obtain permits, which can be a complex process requiring several months. A professional renovator will know what permits are required for your renovation, and they will know how to get them.

Some renovations require architectural or design services, while others require an engineer. Such services are necessary to obtain building permits and should be factored into your budget. Your renovator will know what services you need, and give you a pretty good idea of what the rough costs of the project would be.

CONTINGENCY BUDGET

When it comes to budgeting, set aside 10 to 15 per cent of the project cost as contingency. Changes during the process are not uncommon, and they can impact the cost and timing of the job. Just make sure you and your renovator agree on how potential changes will be handled.

A detailed written contract is vital to a successful renovation. Your contract should clearly outline the scope of work, project timelines, payment schedules, warranties and how to handle any changes. If you don’t sign a contract, chances are that you’re not working with a professional, and will have no legal recourse should you receive substandard work.

AU COURANT

Professional renovators also have legitimate business licences, they are insured and offer warranties on their work. They regularly attend educational seminars and courses to stay ahead of the curve and keep their knowledge and skills up to date. That means they know about any changes to building codes or municipal requirements.

Talk to several renovators and interview them before deciding who to work with. Find out what kind of experience they have doing similar work to what you want done. Ask for references, and if they are members of a professional association.

Your renovator is your partner in realizing your vision for your project, and you need to work with someone that is right for you. Visit renomark.ca to find the right RenoMark professional for your project.

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments.

Follow him on Twitter @bildgta, facebook.com/bildgta, and bildblogs.ca.



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