Contract it Yourself
Larger projects generally require the services of a variety of tradespeople such as general carpenters, roofers, plumbers, electricians and painters.
For those who have the time and the skills to manage this type of project, acting as the general contractor and hiring the individual tradespeople or subcontractors yourself can potentially save you a great deal of money - some estimate as much as 20% of the value of your project.
As general contractor you will be required to coordinate the efforts and schedule of the entire work crew; to order materials and schedule delivery; to pay workers, suppliers and subcontractors and to supervise the quality of the work being done each step of the way. You will also be responsible for maintaining adequate public liability and property damage insurance during the job as well as workers' compensation coverage in case of an accident.
Be prepared to commit yourself to spending as much time as needed on your renovation, and make sure that you have an in-depth understanding of the process involved.
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