Choosing a contractor is about more than just going with the 'best' price. Be wary of a price that comes in considerable lower than the others; if it seems too good to be true, it likely is. Make sure you 'compare apples to apples' -- perhaps the highest price is inclusive of more products, services or finishes than the other two. The lowest price might appear attractive at first, but they may NOT be including something in their estimates that the others are.
Call us today for an estimate. We'd love to show you what we can do!
For small renovations that do not require the removal of walls or the relocation of utilities, most contractors can work with simple drawings provided by the customer to quote a price. Large-scale renovations and additions will require detailed professional drawings for a contractor to be able to provide a proper estimate. Borrowed Time Carpentry can recommend qualified design and draftspersons to customers requiring these services.
There are some things you can do to help you feel confident you've made the right choice of contractor:
We recommend you obtain about three estimates for any renovation project you'd like to undertake. If you're unsure where to start, ask at your local building supply centre; they are usually happy to provide names of reputable contractors they have worked with in the past.
Deposits and progress payments are usually a function of the type and size of the project. The purpose of a deposit is to provide the contractor with the funds necessary to purchase initial materials on commencement of the project. Progress payments typically come into play for large projects that will take several weeks or months to complete, so that the contractor can pay for materials and labour on a progressive basis and avoid having out-of-pocket expenses and costly interest charges to his suppliers. Deposits and progress payments should be negotiated before the project has begun, so that both the customer and the contractor know what to expect.
You're renovating your basement, and your contractor discovers a leak in your main-floor bathroom, with extensive mold damage. Now what? Sometimes a reno can reveal other problems or issues that you didn't know existed, and that will now add to your overall cost. There is no single rule as to how to approach unforeseen extras that arise during the normal course of a renovation project. However, a good contractor will be able and willing to discuss all viable options with you, work towards a solution that will hopefully have the least amount of impact to your budget, and still maintain the safety and structural integrity of your investment.
The best contractors are in high demand. For a small renovation, start gathering estimates at least 6 to 8 weeks in advance of your ideal reno date. For large-scale additions and invasive renovations, plan several months in advance.