March 12, 2019
How to Use Condo Remodeling Contractors
By LLCR Staff

Remodeling a condo can be extensive and exhausting. To save yourself from overcommitting to a DIY project, consider teaming up with a professional condo contractor.

Leaving some of the hard work in the hands of an expert will help ensure that the vision for your space comes to life.

 

Residential Contractor Condo Work

Relying on condo remodeling contractors helps optimize the outcome of your home renovations. It also saves you time and stress associated with home improvement projects.

Residential contractors have the experience and credentials to flip your space, taking one more worry off your plate.

Additionally, these contractors are familiar with how homeowner associations operate and how to navigate HOA’s Codes, Conditions, and Restriction (CC&Rs). This is important because every condo HOA has its own unique set of rules and regulations that dictate what can and can’t be done during home improvement projects.

Unlike single-family homes, condos present a limited, finite, and shared space. Contractors understand how to work with this unique space and within the restrictions of multi-family housing.

 

Finding Condo Contractors

Before teaming up with any contractor, you need to find a good fit.

Narrowing down a suitable contractor involves finding one who you trust and fits in in your condo renovation budget.

Get recommendations. Speak with local real estate experts or friends to help find someone with a good track record. If no one in your circle of friends has a referral, check in with the National Association of the Remodeling Industry for a list of reliable members in your area.

If you think you’ve found your potential hire, be sure to meet or an in-person interview before moving forward.

Before hiring anyone, write up a contract that details every phase of the project: payment schedule; proof of liability insurance and worker’s compensation payments; a start date and projected completion date; specific materials and products to be used; and a requirement that the contractor obtain lien releases (which protect you if he doesn’t pay his bills) from all subcontractors and suppliers.

 

Condo Renovation Budget

Financing condo renovations can be tricky and costly.

Before beginning any phase of remodeling, establish a condo renovation budget. It’s important to decide in advance how much money you have to work with. Also, be sure to stick with this budget as closely as you can during the process.

If you decide to hire a contractor, be sure to know how much you have to spend on this hire. Consider setting up an agreed upon payment plan before the work begins.

With a better understanding of residential condo contractor work, that renovation project you’ve been dreaming of may not be far from reality. Find the perfect contractor today!

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