Considerations Property Flippers Should Make When Hiring Home Addition Contractors
If you are a property flipper, home additions are the best way to make homes spacious and attractive to buyers. Besides, they guarantee a decent return on your investment. This extract explains several interventions you can take to ensure the home addition contractor offers quality services at a reasonable cost.
Ask The Contractor For Their Opinion
As a seasoned real estate investor, you might have several ideas for creating a home addition. Nevertheless, the contractor's insight will come in handy. The contractor will inform you whether the extension flouts the building code and planning ordinances. For instance, if the area has cultural significance, the extension design should be similar to the original structure. Moreover, when considering a vertical extension, it should not infringe on the neighbour's property. Simply put, the balconies should not face neighbouring properties. Finally, the contractor examines the impact of the extension on the structural integrity of the house and neighbouring houses. For example, you may need to underpin your neighbour's foundation when building too close to their house. Besides, your current home could need additional pillars to support the new loads.
Ask The Contractor About Their Sustainability Practices
Sustainable construction practices help you save costs and preserve the environment. Typically, the professional should reuse construction waste during construction. For example, if they pull down a wall when creating the extension, they could crush the bricks and aggregate and use it as a base for the new foundation. Similarly, if they pull down a roof, they should reuse the trusses or use the wood to build installations such as patios.
Ask The Contractor For A Construction Timeline
In most cases, you will have a short construction timeline since you want to sell the property quickly. Therefore, the contractor should provide a construction timetable. It would be challenging to reduce timelines on the construction of foundations, pillars and brickwork. Remember, the concrete must cure during the construction process. However, the contractor should pull all stops to ensure the roofing works and installation of interior fixtures take the shorted time possible. For instance, they could hire a larger crew, subcontract some of the work or work 24/7.
Check The Contractor's Coverage
Insurance protects you from financial losses caused by accidents at the site or the contractor's incompetence. For example, workers compensation coverage compensates builders who suffer injuries when working, while general liability coverage compensates you if the construction work damages your property.