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Some Things To
Consider
To
Build, Add On or To
Renovate
Every year
countless homeowners struggle with the
question of whether to build, add on, or
to renovate. It is easy to get caught up
in the excitement and let emotion rather
than logic dictate. Here are a few things
to consider before making a
decision:
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Do
you like the area you are
in?
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Are
you "relatively" satisfied with
your present home?
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Are
there zoning or setback
requirements that affect your
decision?
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Is
your home larger or smaller than
your neighbors? If smaller,
adding on usually increases
resale values; if your home is
already the largest one on the
block, enhancing from within may
make more sense.
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Can
you sell your home for a fair
price?
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What
are the cost differences between
new construction and
renovation?
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Can
you purchase a lot in your price
range that meets your
geographical needs?
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Are
you planning on more children?
When?
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Are
you entering the "empty nest"
part of your life?
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Do
you have aging parents who may
join your family in the
future?
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These are
important questions to answer. Regardless
of whether you decide to renovate, add on
or build new it is likely to fall into the
category of "major expense." To help with
your decision you should create a list of
"pros" and "cons" for each of the choices.
After some discussion you should search
for a reputable and qualified contractor
to offer some free advice. QBH
CONSTRUCTION LTD. offers free "in-home"
consultation. We will gladly provide
references from our many satisfied
customers. Even if you plan on doing the
work yourself you should consult with a
professional. In many cases this advice
can save you thousands of
dollars.
To
Hire Or Not To Hire
When the
time comes to renovate, add on or build
new, many people think they can do almost
any job that comes along. However, this is
not always true; as many usually discover
soon after beginning their
project.
You will
find it helpful to develop an outline of
what needs to be done before starting.
Read as many articles as you can find on
your particular topic. Talk to friends and
neighbors with experience on similar
tasks. Go to some open houses on a Sunday
afternoon to gather ideas. Use the
Internet to aid with your research. Record
your findings in a notebook, log, or
diary. Be sure you will be able to find
the researched information when it is
required.
A common
mistake is failure to check with the
municipality about their by-laws and
codes. Always check with them before
getting too far in the planning stage.
Usually you will find them informative and
helpful. Permits will almost always be
required and may take a few weeks to
process.
You may
discover the need for professional help
for certain phases of the project. The
following points should be kept in mind
when looking for these
professionals:
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Get
at least three estimates to use
for comparison. (The lowest price
is not necessarily the
best)
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Have
a spec sheet available to give
the person responsible for
quoting you a price. (This is
especially important to guarantee
they are bidding on the same
thing)
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Ask
for at least three recent
references and check with
them.
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Ask
about past jobs and speak to
these customers, if
possible.
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Ask
about workmanship, finishing on
schedule and availability for
recalls.
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Ask
if they carry liability
insurance! If the contractor
carries no insurance, the
homeowner may be held liable in
the event of an injury on the
job. More than one homeowner has
been found that the savings they
had expected quickly vanished
when they were faced with a
lawsuit from an on site
injury.
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Ask
if they are registered with the
Worker's Compensation
Board.
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Ask
if they are registered with a
Home Warranty Program, such as
the Atlantic Home Warranty
Program.
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After
doing all the research you might discover
the job is more than you feel comfortable
tackling. You owe it to yourself to get
estimates from professional general
contractors for the entire project from
start to finish. It is quite possible that
you might even be able to save money by
hiring a pro; especially when there are
many associated costs that often get
overlooked by the homeowner.
At
QBH Construction Ltd.. we are more
than willing to provide a free
consultation and estimate. You have
absolutely nothing to lose.
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