Did you know that it can take homeowners up to a year of thought and debate before taking the plunge and beginning a renovation that would enhance the value of their property?
One consideration that can increase anxiety is the selection of a builder to carry out the work. We all hear of occasional horror stories, but you can adopt a selection process to minimise risk.
As an experienced agency, we’d always recommend favouring contractors who are already known to you, those with a decade-plus of experience, and those who operate locally.
No builder should cross your threshold without giving you their licence number, showing you their relevant insurances and providing three clients to contact and speak with independently as references.
If you’re thinking of upgrading your home in preparation for sale, it’s a great idea to contact us first to see what improvements are likely to be seen more favourably by potential buyers.
With our market knowledge, we’ll be able to guide you on current fashions, buyer preference and the most effective ways to spend your renovation dollars. In the meantime, here are some guidelines for selecting a contractor.
Set up meetings
You should meet at least three contractors and gauge how each would approach the work. Take note of how they charge and what the final cost might be. Make sure you are prepared for each meeting, don’t wing it.
Quote, unquote
Quotes are a great guide but don’t think these will be the final costs. Honest contractors will say they can’t be entirely sure until they get into the work. This is fair. So, keep a cash reserve for any unforeseen problems that might arise during the project. Companies that promise a price have built plenty of fat into their pricing already.
Size counts
Don’t hire a big company for a small job. Selecting a contractor who specialises in the size of job you’re offering will serve you best.
Be crystal clear
You must be specific about the tasks you need to carry out. You’ll never get comparable quotes if you modify the project every time you seek a price.
Personal recommendations
Ask friends and family if they can recommend a contractor. Nothing beats guidance from the people you trust and love.
One-stop-shop
The most straightforward path is to employ a company that will do all the work, hiring various contractors as and when they’re needed. You’re going to pay at least a 20% premium for this service, but there’s real value in keeping your life simple. Check that they have preferred subcontractors. You don’t want them pulling in people on the fly.
Build your team
If you need tradespeople with various skills, such as a plumber, electrician and builder, it’s a good idea to select the trade that will do the majority of the work first. Once chosen, ask who they like to work with. A team of tradies who know each other will ease the pressure of project management.