INTEREST
Choosing the right builder for a renovation project
A well-designed renovation can be a great way to boost a property’s appeal ahead of a sale. But it can also be a stressful process.
If your vendors are considering giving their home a spruce up, one of the ways to reduce renovation stress is to choose a trustworthy, experienced builder. Here, we’ve collated a series of tips from a range of experts, to help your vendors get the right people for their project.
Planning stage Before even approaching a builder, the first step is to think about the scope of the project and jot down an initial plan for it. According to Houzz contributor Hugo Tugman, having at least a set of drawings and a list of what will and will not be included can be a good way to obtain an accurate quote.
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The Real Estate Institute of New Zealand
Background checks Generally speaking, it’s also a good idea to check online reviews and testimonials, and research as much as possible about the builder and/or their company online. Even more important, before signing on the dotted line, check that the builder is registered and has the necessary trade qualifications to undertake the work.
No question is too big or small With a shortlist of builders on hand, it’s time to ask for quotes from all of them. During that first meeting with each builder, vendors can ask additional information, including: •H ow many years the builder has been in business
And remember, not all renovation projects are the same; depending on scope and characteristics, certain building companies may be a better fit than others. Do your vendors need a specialist or a general builder?
• T heir track record in building or renovating properties
The power of word of mouth
•H ow often the company will provide updates on progress.
Friends, family or colleagues are always happy to recommend a trustworthy builder they have used in the past. Plus, those conversations can be a great opportunity to hear more about their first-hand experience with home renovations. How did they find the whole process? Do they have any advice they’d like to share?
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Karen Jackson, Managing Director, Lifestyle Finance
• Any references they can provide • How long consent will take • Estimated start and completion dates
Getting everything in writing Once your vendors feel comfortable with the builder and are ready to proceed, they will need to get everything in writing, especially cost estimates and quotes. Renovations can be expensive and time-
