Starting a renovation

Post on 12-Nov-2014

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The Process of Starting

A Renovation

Presented By

Tony Teunis

All Canadian Renovations Ltd.

The Process of a

Renovation

Pre-Construction Phase

What to look for in a renovator

The importance of having a plan

Developing your wish list

and priorities

Type?

Size?

Cost?

DIY or Pro?

Contract?

Insurance?

Change Orders?

How to Make Informed Decisions

Identify Your Type of Project

Look For Ideas

Identify Your Type of Project

Drive Around Your Community

Identify Your Type of Project

Visit Home Shows

Identify Your Type of Project

Draw Sketches

Identify Your Type of Project

Make the Tough Choices

Identify Your Type of Project

Consider Quality

Identify Your Type of Project

Consider:

How much can you afford?

How are you paying?

When will you need

funds available?

Develop a Realistic Budget

Check with Municipality

Ask About:

Municipal Licensing

Zoning restrictions

Building Permits

Building Codes

Notification to

Neighbours

Noise and work time

restrictions

Plans and Specifications

Why You Need Them:

Define scope of work

Reference for bids

Basis of Contract

Building Permits

Dispute resolution

Where to Get Them:

Renovators and builders

Design firm

Professional architect

DIY

Plans and Specifications

CONTROL YOUR RISKS!

Hire the Right People

How big is my project?

How complex is my project?

Decide What Type of

Professional You Need

Handyman

Trade

Specialist

General

Contractor

Decide What Type

of Contractor You Need

Research:

Friends

Home Builders’ Associations

Home Shows

Real Estate Agents

Local Ads

Gather Names

Ask the Contractor about:

Workers Compensation?

Liability Insurance?

Business or GST/HST number?

Similar Project Experience?

Detailed contract?

Narrow The Field

Ask About:

Time in business?

Are you a MHBA Renovator Member?

Staff experience/training?

Who will do the work?

Timelines?

Workload/project commitment?

References?

Conduct Interviews

Same project type?

Done recently?

Why them?

Rate performance & quality?

Met deadlines?

Open communication?

Site cleanliness & organization?

On budget?

Problem resolution?

Warranty their work?

Check Their References

Look For:

Organization?

Cleanliness?

Safety?

Morale/friendliness?

Signage?

Proper use and storage

of tools?

Homeowners viewpoint?

Conduct A Site Visit

A. Based on Specs:

Description of work

B. Specify:

Timelines

Payment schedule

Project cost

Get It In Writing

The “Cash Deal”

The “Cash Deal” = Risk

NO CONTRACT

NO Legal Protection

NO Liability Insurance

NO Worker’s Comp.

NO Price and Terms

NO Lien Protection

NO Municipal Inspection

The “Cash Deal” is No Deal

Talk to Your Own

Insurance Company

BEFORE

You Get Started

Get Insured

It’s Not Over

Till It’s Over

Maintain Control