Tips for planning a major renovation

Do you want to remodel your home so it better suits the needs of your growing family? Or maybe you hope that a major upgrade will appeal to potential buyers? Regardless of your goals, here are a few things you should do to ensure your large-scale renovation is a success.

• Determine your needs and establish a list of priorities such as creating an open-concept living space or adding a second floor

• Settle on a maximum budget and reserve a portion of the amount for unexpected expenses

• Do some research to find out whether you qualify for any home renovation rebate programs

• Obtain all the necessary permits from your municipality before you begin any work

• Consult with and hire all needed professionals such as an architect, interior designer, general contractor, and electrician

• Set a realistic timeframe in which to complete the work

• If needed, make arrangements for your family to live elsewhere during the renovations

Remember, when properly planned and completed by experienced professionals, most major home renovations offer a great return on investment.