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The Chief Economist of the Canadian Real Estate Association, Gregory Klump, believes that the combination of limited housing supply and strong buyer demand will prompt more homeowners to stay put and renovate, rather than sell and relocate. ( Click here for more on whether you should renovate.) By the end of 2016, various Canadian economists were anticipating a rise in spending when it came to home renovations. This is particularly important given the current economic climate. It’s probably more helpful, then, to provide some insightful information that can help any homeowner make good decisions if they are considering a home renovation. (To help you decide if it’s wise to renovate read: Home renovation reality check.) But there are so many variables, so how can we give just one accurate answer to a question that impacts a nation of people across 10-million square kilometres? Yes, there are spots where homes are over-priced. Debating whether or not all home reno projects are a good idea is a futile as determining whether or not real estate is a good investment these days. That sort of black and white blanket statement just isn’t helpful, particularly when we all know someone who renovated and sold their home for top dollar. But not every remodel project is a bad idea. Not every home renovation project is a good investment-nor it is a good use of disposable income. You can contact him at 31 or by visiting before you go off on a rant about how foolish it is to renovate a home, stop. Arch., MBA, has been president of JEB Design/Build in Shreveport since 1983. In fact, a good plan will help the project go smoothly and as you expected. Planning can take as long as the work itself. Don’t pay all at once pay in increments as the work is done and withhold final payment until your room is as you envisioned it and as the contractor promised in the contract. Before you hire them, get references from family, friends, neighbors and organizations like the Better Business Bureau and Angie’s List that can help you decide who’s trustworthy and qualified.ĭon’t hire anyone who won’t give you a price and a schedule in writing and signed by both of you.
Home remodel project planner series#
Most major renovations require a general contractor or at least a series of qualified tradesmen, like a plumber, an electrician, a tile setter or another specialist. More: What’s trending in bathrooms for 2019
Home remodel project planner professional#
So even if you want to do some of the work yourself, it’s critical that you consult with a professional contractor at some point to make sure you’re not going to do any harm to your home. Maybe you’re pretty handy around the house, but you’ve got to realize that there’s a lot going on behind the walls of every room.
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That’s not what I’m trained for, and it’s not what I’m good at. People tell me I’m a talented designer and remodeler. That way, you won’t rip anything out until you know you can replace it as soon as you’re ready. Find out how long it will take for the new products to arrive at your home. Don’t get halfway through the project before you realize that you can’t. Shop around to find out if you can afford the products, finishes and layout that you envision. When you foresee the finished room, which products are in it? Where is everything located? Is it bigger than the original? The more specific you are about your vision for the room you’re remodeling, the more likely you are to get what you want. Here are five things you should know before you remove a single nail: