Goff Home Inspections recommends that you
check every contractor for certifications, license, insurance and references.
So, "BEWARE" of the contactors that cant produce these items.
Don't hand your home-remodeling project to an unreliable or dishonest contractor.
Here are 6 things to look for.
Increasing your property value often entails
remodeling. Whether you have a fixer-upper or a great house that
you plan to stay in indefinitely, you'll probably hire a contractor
sooner or later to finish the basement, remodel the kitchen,
or renovate other rooms.
Decisions on home improvement should be made in a judicious
manner. If you want to recoup your investment, choose projects that are likely
to add value to your home, such as a new kitchen or an extra bathroom. Although
it's tempting to hire the contractor who submits the lowest bid, there are
other factors to consider:
Experience. The failure of most fledgling contractors can
be blamed on poor work habits and shoddy business practices,
according to the Small Business Administration. Choose a
contractor with a minimum of five years of experience.
License. Most contractors are licensed
by the state. While a license alone doesn't guarantee an
excellent contractor, it is one way to weed out unlicensed
amateurs. Some states also record complaints filed against
contractors—you
can look these up using the contractor's license number.
Bank account. A contractor with five years of experience
and a solid record of bank deposits will, in all probability,
stay in business long enough to complete your project. It
also indicates that the contractor has sufficient capital
and doesn't need your business to pay this month's bills.
Insurance. The contractor should carry workers' compensation
and general liability insurance. Lack of insurance could
leave you liable for any injuries suffered on the job. Get
copies of policies from the contractor's insurance company.
Workmanship. Many contractors carry photo books to show
samples of their work. But the only way to judge the workmanship
is through an on-site inspection. Ask the contractor for
names of recent clients, and arrange to examine projects
similar to yours.
Teamwork. The best contractors are those who care about
the project as much as you do, and who can work around your
schedule and your household's routines. If you want to be
involved in every decision, hire a contractor who's comfortable
with close supervision. If you want to leave the details
to an expert, hire a contractor whose decisions you will
trust.
The art of the bid
After you have selected several candidates
for the project, the next step is to get bids from the contractors.
To get comparable bids for the project, write out your project's
specifications, including sample building materials and fixtures,
and make copies for each contractor submitting a bid. The more
detailed the specifications, the easier it will be to compare
bids because all the contractors will be using the same fixtures
and materials in their cost breakdown.
Project Specifications
You may want to hire a designer to create
project specifications if you're not comfortable doing them yourself.
Specifications for a kitchen remodeling project, for example,
might include cabinets, flooring, sinks, faucets, appliances,
countertops, doors, windows, and any custom carpentry specifications,
such as built-in shelves.
Cost Breakdown
Most contractors have their own breakdown
sheets, but you can also provide one to make comparing bids easier:
Expenses. Itemize tasks such as subcontractor bids, building
permits, and finish carpentry.
Materials. Specify the costs of all building materials.
Fixtures. List the costs of all fixtures to be installed.
Labor. Calculate the cost of labor. (Note that subcontractor
labor should be included under Expenses.)
Total. Add the totals from the four categories
(expenses, materials, fixtures, labor) to arrive at an estimated
bid.