Saturday 2 June 2012

WHEN AND WHAT TO REMODEL

WHEN AND WHAT TO REMODEL:
When remodelling your home, any major repairs must yield increasing returns.  For example, if you spend $1,000 to enhance part of your home, it must yield more than $1,000 when you are ready to sell your home.  These areas show increasing returns:
• Bathroom remodelling
• Master suite addition
• Bathroom addition
• Family room addition
• Roof replacement
• Window replacement
Hiring A Remodelling Contractor
• Get written estimates from at least three contractors
• Check references, including past clients
• Call local Chamber of Commerce or Better Business Bureau to ensure there are no complaints
• Make sure your contract is clear and specifies what the job entails, including time, price and changes
• Do not pay in full.  Make a down payment on services rendered.
• Check that all permits, licenses and insurance needs are met by the contractor
• Many contracts have a 3-Day Rescission
to protect you should you change your mind!
• Ask who will do the work.  Will it be the contractor or what portion will be sub-contracted?
• Ensure that all work completed complies with local building codes and/or regulations.
• Hold contractors responsible for clean up and any damage that occurs during work completed
• Guarantee that materials used are what you requested
• Once you are satisfied, then make the final payment

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