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With the average home prices in the Greater Toronto Area exceeding more than $1 million over the past 12-plus months, high cost of living and borrowing costs starting to come down, but still high, it is no wonder homeowners want to reduce their expenses wherever possible. This is why the concept of a ‘do-it-yourself’ renovation might sound appealing — but going with the cheapest quote may not be the best option. When it comes to tackling a renovation project you get what you pay for and often it is best left to a professional rather than trying to do the work yourself.
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Whether considering a complete home remodel or an improvement project, such as a kitchen or bathroom facelift, it is important to remember that mistakes can be costly. Even the smallest of errors have consequences that can lead to spending more than anticipated on replacement items. A professional renovator can assist in the planning and budgeting of a project and can make sure that all the critical components are considered to ensure as seamless a process as possible. This includes, but is no means limited to, securing the necessary permits. Permits are required for more involved renovations, including altering structural walls, modifying plumbing or electrical systems and additions. With a renovator’s assistance, the process, which could take up to several months in some municipalities for large or complex renovations, will be much more efficient.
Settling for the lowest estimate might be tempting, but beware of this tactic as it can lead to a mismatch between expectations and the quality product and craftsmanship delivered. When hiring a renovator or contractor, be sure to interview a number of professional renovators, always get referrals and ask to speak to prospective renovation experts’ former clients.
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A professional renovator will be sure to work with the client to choose high-quality, durable materials that work within the project budget and meet the client’s needs. When working with your renovation professional, be sure to articulate the specific features and functions you are looking for in your home like toe-kick drawers, heated floors or feature walls. Adding these during the design phase versus during construction will save you time and money in the long run.
To renovate with confidence, your best bet is to speak with a professional renovator who participates in the Canadian Home Builders’ Association RenoMark program. This program is administered in the GTA by BILD. Participating professional renovators have agreed to abide by a renovator specific code of conduct that provides a superior level of service and responsiveness versus standard industry practice. For further details about the program and to find a professional RenoMark renovator in your area, please visit: https://www.bildgta.ca/find-a-renomark-renovator/.
Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, visit www.bildgta.ca.
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