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RENOVATING A HOME
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Renovating a Home

Planning the Renovation

 

Renovating Tips

1. Know the local building regulations.

Make certain that the renovations you are planning comply with local zoning by-laws. Check with the building department of your municipality before beginning and find out what permits or licenses may be required.

2. Be realistic.

If you plan to do the renovations yourself, be realistic about the time and skills you possess. Allow adequate time to have the job completed and get professional assistance - or at least have a back-up plan - in case the job proves to be more than you can handle.

3. Make the work site easily accessible.

Ensure that the crew has adequate space to work and access to the specific facilities they need. Remove furniture and valuables as required.

4. Keep an eye on it.

Whether you decide to be your own contractor or whether you hire a contractor to oversee the whole project, keep a close watch as the work progresses to avoid having small problems become major ones.

5. Understand the warranties.

Make sure you understand exactly what is covered by warranties or guarantees and how long they are in effect. And get it in writing!

6. Protect your investment.

If your improvements add significant value to your home, speak to your insurance agent about additional coverage.

7. Be sure your renovations fit.

Consider carefully before undertaking renovations that are inconsistent with your neighbourhood, whether it's by overvaluing your house for the area or by selecting an obviously different style of architecture. You may not recover some or all of your costs when you sell.

8. Check out your home insurance policy.

Find out exactly what your home insurance policy covers during the renovation. Some policies, for instance, don't cover the theft or damage of uninstalled building materials (bricks, lumber, etc.) if you have moved out of the house during the renovation.

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Introduction
Do It Yourself
Contract It Yourself
Contract It Out
A Word on Legislation
Developing the Plan
Renovating Tips
A 10-Step Renovator's Checklist

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03/03/2005 09:59:04