Canadians love their homes. So much so that homeowners spend more than $25 billion each year repairing, improving, upgrading and expanding them. That's slightly more than is spent annually on building new homes across the country!
When it comes to major renovations or additions, the stakes are particularly high -- costs are substantial, projects can take months to complete, disruption to your daily routine is unavoidable, and the consequences of mistakes can be long-lasting.
Major renovations or additions are usually once-in-a-lifetime projects, and should receive the same care and attention as other family milestones, such as weddings. A dream wedding and a fantastic renovation are candidates for lengthy anticipation, careful planning and thoughtful execution.
We’re here to help you make informed decisions about your home’s renovation project so you can renovate with confidence! The RenoMark program was established in 2001 by the Toronto-based Building Industry and Land Development Association (BILD) and is now delivered in partnership with the Canadian Home Builders’ Association and local Home Builders’ Associations across Canada.
RenoMark identifies professional contractors who have agreed to abide by a renovation-specific Code of Conduct. The Renovators Mark of Excellence makes it easy for homeowners to identify participating professional renovators who have agreed to provide a superior level of service.
Local Home Builders’ Associations and RenoMark renovators hold information events and home shows regularly. They’re a great place to get more information about renovating your home. If you’re planning a home reno, we encourage you to get out to a local event, meet RenoMark Renovators and ask them questions.
Check the blog for information about upcoming events.
6 Reasons You Need a Contract
When homeowners repair or renovate, cash deals are commonly offered hand-in-hand with no contract. “Pay me cash” contractors shave their prices by eliminating taxes and consumers pay less and get a better deal...or do they?
Don’t risk your biggest investment. Doing a cash deal without a written renovation contract leaves you vulnerable to these risks:
1. The work is never started or left unfinished. After a large down payment or progress payment in cash, the contractor disappears forever.
2. Shoddy work and products. The contractor does as little as possible, using cheap materials. Because nothing is written down, there’s nothing you can do about it.
3. No permits and inspections. You may have an illegal project on your hands or one that doesn’t measure up to current codes and standards. What happens when you resell your home? Is it safe? How do you know?
4. No workers’ compensation. If someone gets hurt on the job, you may be financially responsible.
5. No builder’s insurance. If your home or adjoining property is damaged, the cost of repairs may come out of your pocket.
6. No warranty and no follow-up service. The contractor is nowhere to be found and doesn’t respond to your calls.
Visit GetItInWriting.ca for more information on how to hire at contractor the smart and safe way.
Renovate with Purpose
There are many reasons to renovate your home. Whether renovating to add function, update for resell, expand your space, or make it easier to age in place, you can make your home more attractive, safer and easier to maintain. Improving energy efficiency to save on operating expenses may also be on your list of changes.
It is important to know why you want to renovate, and to prioritize your “must-haves” versus your “nice-to-haves.” CHBA’s MyReno app walks you step-by-step through the questions that a renovation professional will ask you, so that you can be prepared with answers before you start looking for a contractor, and can get started on the right foot.
Renovate with Confidence
When it comes to home renovations, big or small, the stakes are high. By investing your time and money in a reno project, you’re creating a space in which your family can live safely and comfortably.
A successful renovation depends on a professional contractor who knows the ins and outs of a renovation project. They have experience, skill and customer service know-how. You’ll find these qualities in a RenoMark Renovator.
RenoMark™ Renovators have agreed to abide by a Code of Conduct, which sets them apart from others. They’ve committed to providing you with a written contract, so you and your investment are protected. For peace of mind, look for the RenoMark logo.
For more information visit: www.renomark.ca