Renovations, small or large, usually require an expert’s touch, which is why many homeowners choose to hire a renovation contractor. It is important to remember that not all professionals provide the same quality and quantity of work. The following pro tips will help you distinguish the best from the rest.
Talk to family, friends, and coworkers for renovation contractors recommendations. You can even look for highly rated contractors on the Better Business Bureau. Likewise, a local building inspector probably knows which contractor has the best reputation.
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If you want to know if they completed a project of your size and if they have other projects in progress at the same time. You can even ask how long they have worked with their various subcontractors to ensure they hire qualified professionals. Ultimately, you want to interview contractors to learn more about their availability, reliability, and communication styles.
After your telephone interview, you’ve likely narrowed your list to a handful of potential contractors and now you are ready to do some real research. Contact contractor’s references and ask about the quality of the work and whether the project was on time and within budget.
Request a quote
After the narrowed search , you can ask the contractor to review your blueprints and provide you a bid. Always ask that the bid includes details of the costs of materials, labor, benefits, and other costs. In most renovations, materials account for about 40 percent of the total project cost. The profit margin should be between 15 and 20 percent. Most experts recommend that price is not the final deciding factor.
Draw Up a Contract
After all, you want to write down all aspects of the project from payment schedules and proof of insurance, to material types and prices, to completion dates. Pre-negotiating certain contracts will help the renovation project run smoothly.
So keep in mind that when looking for a quality renovation company, you need to take the time to review several candidates. Not all contractors guarantee the same quality of work.