Real Property Management Enterprises

What to Consider When Hiring a Home Renovation Contractor

What to Consider When Hiring a Home Renovation Contractor

When it comes to home renovations you probably have two options: do the work yourself or bring in a professional to help. If you go with the latter option, you will need to hire a general contractor to ensure your home remodel goes off without a hitch. Hiring a Home Renovation Contractor isn’t an easy job in itself.

Here are some tips to consider when hiring a home renovation contractor:

Project goals

Before speaking with a contractor, take time to think about your goals for the project, such as what it might look like, the amenities you want, and so on.

Project estimates

Gather at least three estimates from various contractors before you make a decision. This will give you a clear picture of what the costs look like as well as an idea of the type of work that each contractor will provide. For example, one contractor might offer a bargain rate and marginal work; another’s high bid could indicate quality.

Contractor’s background

It is always wise to conduct background checks on your contractor. Get the full company name and address, and make sure that the firm has a current state license and adequate insurance coverage.

Contractor’s history

If possible, investigate the work history of your contractor. Some contractors are specialists while others are generalists. So make sure their abilities are appropriate to your project. Also, look for things such as similarity to your project, quality materials and workmanship, and consistent client satisfaction.

Payment structure and terms

Typically, contractors will prepare a “scope of work proposal.” This proposal breaks down the job budget into line-item costs for labor, materials, fees, and so on. Others will offer specifics about the tasks the contractor will perform (such as demolition, installation, etc) and what products will be used.

In many cases, proposal fee is paid upfront and applied toward the project cost if the bid is accepted. Never accept to pay the entire project upfront. Also, ensure you have a comprehensive written contract before the work begins and before making any payments.