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Renovations ccf day 3
- 1. Renovations
- 2. Four Steps to a Successful Renovation ① Have a plan ② Find a contractor ③ The renovation process ④ Follow up and measure results
- 3. Planning: Three Factors to Balance Scope What is the FLEX variable? QUALITY Money Time
- 4. 1. Scope Ø ‘Must have’ vs ‘Nice to have’ Ø Options Ø 90/90 Rule
- 5. 2. Money Ø Create a budget for each option Ø Affordable materials and products Ø Minimum 10% contingency fund
- 6. 3. Time Ø Make a ‘time budget’ § Construction calendar Ø Divide the renovation into time stages
- 7. Quality QUALITY Ø No compromises! Ø Everything you can see and can’t see QUALITY is result of proper planning of SCOPE, TIME and MONEY
- 8. Four Steps to a Successful Renovation ① Have a plan ② Find a contractor ③ The renovation process ④ Follow up and measure results
- 9. Finding a Contractor What Could Go Wrong?
- 36. DON’T PANIC NOT ALL CONTRACTORS ARE LIKE THIS:
- 37. WITH CAREFUL RESEARCH & PLANNING YOUR EXPERIENCE COULD BE LIKE THIS
- 38. Finding a Contractor Ø Local bandit signs Ø Online search Ø Neighborhood work Ø Referral/word of mouth
- 43. Do Your Homework Ø Ask for references and photos from recent projects § Did the project meet their expectations? § How were the workers and subs? § How was the SCOPE, TIME, MONEY, QUALITY?
- 44. Ask Questions Ø Are they licensed? Ask for copy Ø Do they have insurance? Ask for copy Ø Ask for workers comp information Ø How long have they been in business for and what is there area of expertise? Ø How much money do they require as a down payment for the work? Ø How much time do they expect the project to take? Ø How long do they guarantee their work?
- 45. Professionalism Ø Do they have a standard contract? Ø Do they recommend permits? Ø Do they guarantee their work? Ø Appearance/demeanor/behavior/language Ø Branding?
- 46. Shop Around Ø Whenever possible, get bids from 3 different contractors
- 47. Four Steps to a Successful Renovation ① Have a plan ② Find a contractor ③ The renovation process ④ Follow up and measure results
- 48. Contractor Renovation Blueprint Agree on Project Final Sign Off Changes & Payments Sign Documents Get Building Permits
- 49. Agree on the Project ü SCOPE ü TIME ü MONEY ü QUALITY Always have a minimum 10% contingency fund
- 50. Contractor Renovation Blueprint Agree on Project Final Sign Off Changes & Payments Sign Documents Get Building Permits
- 51. Sign The Documents Ø Independent contractor agreement Ø Scope of Work Ø Construction Schedule Ø Payment Schedule
- 52. Contractor Renovation Blueprint Agree on Project Final Sign Off Changes & Payments Sign Documents Get Building Permits
- 53. Building Permits Ø No work starts until you see building permits Ø Common exemptions: painting, flooring, replacing doors, light fixtures, door hardware
- 54. Q ^ i 31 J x-» n rVt &r: M " Jon -» j5p*n:s ? r /I /---r U-) s n ^? sC Q cP A »r oC ^- •«*•• rr jCD iP 0 0 o 0, yi— —i 11 11 rf -,£: VA ,11 4^ io— u O-
- 55. Notes: Existing ceiling height: 89 Finished floor area: SOOsqft Toilet: Max 6L flush Bathroom fan 70cfm All doors excluding bathroom are 20 minute fire rated with self closers Typical exterior wall: existing V4" Drywall existing 2x4 wood studs 16"oc existing R12 Batt insulation existing 8" foundation wall fcleu) HH-h , T ^" II If Li . 5Q>< ^ . H, f r - —4 • >J ^ l=l
- 59. Contractor Renovation Blueprint Agree on Project Final Sign Off Changes & Payments Sign Documents Get Building Permits
- 60. Changes and Payments Ø Follow the construction and payment schedule Ø Always sign a ‘change of work’ order
- 61. Contractor Renovation Blueprint Agree on Project Final Sign Off Changes & Payments Sign Documents Get Building Permits
- 62. Final Sign-Off Ø Walk through renovated space with contractor Ø Use scope of work and any change of work orders as a sign off; both initial items complete Ø Inspect for any damage done by contractor or subs Ø Make final payment only when: ² Work is complete ² Any damage is repaired ² Your are 100% satisfied with the work Ø Give a testimonial and ask for a testimonial
- 63. Four Steps to a Successful Renovation ① Have a plan ② Find a contractor ③ The renovation process ④ Follow up and measure results
- 64. Follow up and Measure Results Ø Check the renovations after 30 days, 90 days and 1 year Ø Make note of material and labour durability Ø Re-use durable materials and labour Ø Discontinue use of poor materials and labour
- 65. Find Clever Ways to Save Money