Often households reach a point where they are feeling cramped for space or issues arise in older homes that can no longer be ignored. If you love where you live, a home renovation or addition may be a good fit for you to consider. While there may be some DIY projects homeowners can undertake on their own, using the services of trusted contractors like New Leaf Contracting, ensures quality materials & durable installation, and successful projects are achieved in a timely manner. When time is money, using a trusted contractor is always a good investment.
A home addition can help you add more square footage for your growing household, whereas a home renovation can improve your existing structure without changing its footprint. Either endeavor is not without its challenges and it’s best to understand the estimated cost, timeline and scope of your project before any hammers get swinging. Let’s dig into key items to consider below.
The number one issue regardless of your budget, is what is it going to cost. Life is costly and you need to make sure you are getting the best value for every dollar spent. While precise numbers are impossible to determine without a confirmed plan and design, here are the top 5 things to consider.
The total square footage of your project will obviously be a key factor in cost. In home renovations, the room undergoing residential remodeling also plays a significant role in cost. For example, a kitchen or bathroom remodel is usually more expensive than other rooms because it includes many trades and expensive appliances and fixtures.
The choice of finishes and materials needed for construction can have a significant impact on the final cost. Mid-range or premium finishes? Their price range should match your current financial situation.
Are you planning a small update, a partial or complete home renovation, or a full home addition? The nature of your project will greatly influence the overall cost. There are three main types of home improvement services: cosmetic, functional, and structural. Costs increase with the complexity of the scope. The age of your home may also impact cost. Older homes may need to be tested for asbestos, which if found requires specialized removal services due to the health and safety risks associated with asbestos exposure. Older homes are more prone to have issues hiding behind walls and floors. Homeowners must be prepared for unexpected issues to be revealed during residential remodeling projects.
Materials may be more readily available in large cities, so those costs may be lower, whereas shipping and delivery options need to be considered in rural locations. Labor is another essential factor for good quality renovations. The adage “You get what you pay for” was likely derived from the carpentry trade. New Leaf Contracting employs highly trained carpenters and experienced project manners ensuring your hard-earned dollars are put to good use.
Keep in mind that most renovations and all home additions require building permits, which can be an additional cost. Working with qualified contractors, such as New Leaf Contracting, ensures all aspects of your home renovation and addition is handled professionally and in compliance with local building codes. Our expertise helps streamline the permit process, avoid costly mistakes, and deliver high-quality results that align with your vision.
The cost of home renovations in Canada can vary widely, from under $10,000 for minor renovations to over $1,000,000 for a complete house renovation. The average cost ranges from $20,000 to $300,000, but a more accurate estimate is to consider the cost per square foot, which in the Sea to Sky Corridor typically $350 to $550.
This timeline comes back to scope of work, and complexity of the addition. A full schedule will be built out in the planning stages.
Choosing the right contractor will make or break your renovation experience. Shop around, interview people, ask for references and compare the estimates they offer.
Prior to contacting any contractor for your renovation its’ critical to be prepared with a plan and a budget.
More detailed plan = more reasonable your estimate will be to the real price. Know your budget and plan for contingency costs, there are always unknowns.
This is based on scope of work and complexity. Let’s set up an initial consultation to review and discuss.
This is based on scope of work and complexity. Once construction starts on site, the timeline may be 5 months to 12 months. This will be determined in the planning stages.
Design should match your wants and needs. The final look may be developed with your Architect and/or Interior Designer. Take a look at our upcoming Addition Project in Pemberton!
To get started with your project, simply let us know a few details by filling out the form on this page. From there, you’ll get a call from the owner, Brian or Tyler, to set up an initial consultation and get the ball rolling.
