Here's a question from a reader.
Dear Suzanne,
We're planning an addition. What questions should I ask potential builders? And, is this a good time to take on a construction project?
Thanks,
Puzzled in North Arlington
Dear Puzzled,
Planning is key to a successful renovation. Here's a list of potential questions you should ask your general contractor candidates:
*Will you visit our project/site every day?
*Are you more hands-on or remote in your management style?
*How frequently will you meet with us regarding our project?
*Ask to speak with all clients from the past five years.
Puzzled, I could go on. Ask yourself what can go wrong and anticipate preemptive measures now. If you see home renovations in your area that appeal to you, check with the owners and ask about the builder and architect. Don't be afraid to ask pointed questions. It's your money, after all.
Is this a good time to renovate? Interest rates are low and builders are not as busy as they used to be.
Let me know what you do.
Best,
Suzanne
from Yahoo & me too
1 year ago
Suzanne, great blog! You're response to Puzzled highlights a complex and relevant issue. The whole country continues to experience real estate hyper-chondria. Therapy is clearly needed.
ReplyDeleteI would add the following questions and comments on potential general contractors: Ask about subcontractors and how long have the GC has worked with them. Can the GC produce a list of subs with contact info? If no list is forthcoming, seriously consider looking elsewhere. If you get a list, research the subs. Look for licenses, experience and skill levels, and past performance information. Realize that there are tradeoffs. You may find that only the more expensive contractors have a stable list of subs or dedicated workers, but the extra cost may be worth it in the long run. Many problems arise from projects that drag on too long while contractors juggle jobs. This can lead to the use of unskilled temporary workers.
Other tips:
- Talk to as many people who have gone through the remodeling process as time and energy allow.
- Understand your priorities. Don't underestimate the importance of infrastructure quality, especially on a major remodel. Design, fit and finish is important but if the new foundation fails or the pipes in the walls leak, the whole project is doomed.
- Consider starting with a modest project to get a feel for how things work.
- Protect yourself with detailed, written contracts and financial protections. Have a lawyer you trust review all contractual documents. You don't want to be surprised by liens on your property down the road.
John Bennett
One who has been there....and survived
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