06 Oct How to Avoid Costly Renovation Mistakes

How to Avoid Costly Renovation Mistakes

Home renovations can cost a pretty penny. But many jobs cost more than they need to, learn how to avoid costly renovation mistakes. Rushing the process, being cheap on materials and bad DIY jobs can not only add thousands of dollars to your budget but also have an impact on the value of your home when you put it up for sale.

Here are five costly renovation mistakes to avoid during your next project:

1. Hiring the Wrong Contractor

Be sure to properly vet your contractor. Ask if they are licensed and insured. It’s also a good idea to see a portfolio of their past work before signing a contract. And when you do, be sure to set clear expectations for your project.

2. Cutting Corners

If you’re going to invest in a major renovation, it’s important not to buy sub-par materials—especially if you’re doing work in high-traffic areas or where safety is a concern.

3. Too Much DIY

Projects like cabinetry installation, complicated tile work and carpentry are beyond the scope of most homeowners (even if you’re a DIY master) and can reduce the value of your home if done incorrectly.

4. Leaving No Wiggle Room

Renovations almost always involve extra costs. Whether your contractor uncovers structural or electrical issues or you run out of supplies, it’s good to have a buffer in your budget.

5. Setting Unrealistic Timelines

A kitchen renovation can’t be completed in one weekend. Be prepared to settle in for several weeks of disruptions to your daily life.

Are you considering a home renovation? We are experienced Ottawa and Kanata REALTORS^® , put our expertise to work and ask us what projects will add to your home’s value.