Embarking on a home renovation is a thrilling prospect, but it also brings about its fair share of stress due to costs and uncertainties associated with the process.
A recent study from insurance provider Aviva Canada highlighted a surge in popularity for backyard renovations in the past year, possibly mirroring the prevailing trend of staycations among Canadians who choose to enhance their home spaces rather than travel amid increasing expenses.
If you’re gearing up for a renovation project, here are crucial inquiries to pose to professionals, ensuring a successful endeavour that will bring you lasting enjoyment.
- Do you need a permit? Building permits may seem like bureaucratic hurdles to some, but they are indispensable in guaranteeing that your renovations adhere to the latest building code standards. Obtaining permits and undergoing inspections during the project can prevent future costly damage or retrofit work. Consult your local building department to ascertain the necessary permits for your specific project, even if a contractor suggests they may not be required.
- What are the best materials to use? With the changing climate and the impact of extreme weather events, it’s essential to discuss resilient materials with your builder. Whether you’re constructing a new home or undergoing extensive exterior renovations, inquire about options like durable metal roofing and fire-resistant siding materials. Additionally, consider flood prevention measures such as installing a backflow preventer valve on the sewage line and a backup battery for your sump pump.
- How can technology help? In the age of the Internet of Things, integrating smart technology into your home can enhance efficiency and save costs. Consult with your HVAC installer about incorporating a smart thermostat to optimize heating and cooling expenses. Explore how smart lights and other electronics can contribute to reducing your monthly electricity bill.
- Are you sufficiently insured? While home insurance covers your property and belongings, renovations can increase the overall value of your home. It’s crucial to discuss these changes with your insurance representative, review your coverage, and make any necessary adjustments to ensure adequate protection. Additionally, some home modifications may lead to potential savings, making it essential to reassess your insurance coverage during the renovation process. For more information on planning a renovation, visit aviva.ca.
