30
The Process of Starting A Renovation Presented By Tony Teunis All Canadian Renovations Ltd.

Starting a renovation

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Starting a renovation

The Process of Starting

A Renovation

Presented By

Tony Teunis

All Canadian Renovations Ltd.

Page 2: Starting a renovation

The Process of a

Renovation

Page 3: Starting a renovation

Pre-Construction Phase

What to look for in a renovator

The importance of having a plan

Developing your wish list

and priorities

Page 4: Starting a renovation

Type?

Size?

Cost?

DIY or Pro?

Contract?

Insurance?

Change Orders?

How to Make Informed Decisions

Page 5: Starting a renovation

Identify Your Type of Project

Page 6: Starting a renovation

Look For Ideas

Identify Your Type of Project

Page 7: Starting a renovation

Drive Around Your Community

Identify Your Type of Project

Page 8: Starting a renovation

Visit Home Shows

Identify Your Type of Project

Page 9: Starting a renovation

Draw Sketches

Identify Your Type of Project

Page 10: Starting a renovation

Make the Tough Choices

Identify Your Type of Project

Page 11: Starting a renovation

Consider Quality

Identify Your Type of Project

Page 12: Starting a renovation

Consider:

How much can you afford?

How are you paying?

When will you need

funds available?

Develop a Realistic Budget

Page 13: Starting a renovation

Check with Municipality

Ask About:

Municipal Licensing

Zoning restrictions

Building Permits

Building Codes

Notification to

Neighbours

Noise and work time

restrictions

Page 14: Starting a renovation

Plans and Specifications

Why You Need Them:

Define scope of work

Reference for bids

Basis of Contract

Building Permits

Dispute resolution

Page 15: Starting a renovation

Where to Get Them:

Renovators and builders

Design firm

Professional architect

DIY

Plans and Specifications

Page 16: Starting a renovation

CONTROL YOUR RISKS!

Page 17: Starting a renovation

Hire the Right People

Page 18: Starting a renovation

How big is my project?

How complex is my project?

Decide What Type of

Professional You Need

Page 19: Starting a renovation

Handyman

Trade

Specialist

General

Contractor

Decide What Type

of Contractor You Need

Page 20: Starting a renovation

Research:

Friends

Home Builders’ Associations

Home Shows

Real Estate Agents

Local Ads

Gather Names

Page 21: Starting a renovation

Ask the Contractor about:

Workers Compensation?

Liability Insurance?

Business or GST/HST number?

Similar Project Experience?

Detailed contract?

Narrow The Field

Page 22: Starting a renovation

Ask About:

Time in business?

Are you a MHBA Renovator Member?

Staff experience/training?

Who will do the work?

Timelines?

Workload/project commitment?

References?

Conduct Interviews

Page 23: Starting a renovation

Same project type?

Done recently?

Why them?

Rate performance & quality?

Met deadlines?

Open communication?

Site cleanliness & organization?

On budget?

Problem resolution?

Warranty their work?

Check Their References

Page 24: Starting a renovation

Look For:

Organization?

Cleanliness?

Safety?

Morale/friendliness?

Signage?

Proper use and storage

of tools?

Homeowners viewpoint?

Conduct A Site Visit

Page 25: Starting a renovation

A. Based on Specs:

Description of work

B. Specify:

Timelines

Payment schedule

Project cost

Get It In Writing

Page 26: Starting a renovation

The “Cash Deal”

Page 27: Starting a renovation

The “Cash Deal” = Risk

Page 28: Starting a renovation

NO CONTRACT

NO Legal Protection

NO Liability Insurance

NO Worker’s Comp.

NO Price and Terms

NO Lien Protection

NO Municipal Inspection

The “Cash Deal” is No Deal

Page 29: Starting a renovation

Talk to Your Own

Insurance Company

BEFORE

You Get Started

Get Insured

Page 30: Starting a renovation

It’s Not Over

Till It’s Over

Maintain Control