Putting up a home is one of the best decisions you could ever make. This is because it helps in ensuring that you and your dependents have a place to stay without paying rent. The other benefit is that you can use the home as collateral in case you need to borrow money in future. On the other hand, building a home can also drain you financially and as well as emotionally. This is because buying the materials and paying for labor can give you a run for your money.
That’s why most potential homeowners prefer to hire a building contractor to handle such a project so that they can enjoy peace of mind. But delegating the project doesn’t guarantee you will get the best results. As a matter of fact, the quality of workmanship that’s offered by the builder you handle. For the sake of safeguarding your interests, it’s important you hire the best home builder or extension builder money can buy. Here is a list of the things that you should consider when hiring a building contractor for your dream home project.
1. Level of Experience
Hiring a builder who is still learning the ropes of the construction industry is a recipe for disaster. This is because he will obviously make some mistakes that will end up hurting your finances as you will have to hire someone else to fix the faults. Your surest bet would be to hire the most experienced builder in your area such as beesley & fildes. The advantage of working with such professionals is that they have many years of experience under their belt. The other benefit is that they are very knowledgeable on matters concerning building materials. This means that they can help you make informed decisions when shopping for the materials specifically because they understand the industry like the back of their hand. They can also refer you to stores that sell building materials at reduced prices.
2. Testimonials and Portfolio
Before you spend your hard earned money on hiring a builder, it’s advisable you first find out whether their previous clients were satisfied with the quality of workmanship. The best way of getting such information is by reading the testimonials that are published on the builder’s website. Besides that, you can check online reviews just to see how other homeowners rated them. If the majority of reviews are negative, you should avoid working with them unless you also want to join the bandwagon of unhappy homeowners. It’s also important you take a look at the projects that they handled recently. This will enable you to know whether you can trust them with your project.
3. Credentials and Charges
There are so many people out there that pose as builders simply because they want to make a kill out of your project. Before you sign the agreement, make sure you are dealing with a builder that has professional training. Keep in mind that building a home is a lifetime investment. You should therefore insist on seeing their credentials before allowing the contractor to work on your project. With a trained builder, you can be sure that the project will proceed as scheduled because it will be handled by someone that doesn’t need to be told how to do their job.
It’s also important you agree on the charges before breaking ground. This helps in ensuring that the project doesn’t stall due to misunderstandings that can happen later. By the rule of thumb, you should never pay more than 50 percent of the total cost. Paying the full amount can put you on the losing end in case the project is terminated before completion. For avoidance of doubt, you should find out whether there are any hidden charges. It’s also important you hire a builder that communicates promptly by briefing you on what will be done in every phase of the project.
4. Insurance and Registration
This one is a no brainer. You should always give priority to a builder that has insurance cover. Working with an insured builder shields you from the burden of compensating them in case they get injured while working on your project. Paying for such unforeseen expenses can actually have a negative effect on your home ownership project as it will leave you with a deficit of funds. It’s also important you deal with a licensed builder. Keep in mind that you can be denied funding for your home project if the lender finds out that you are working with a builder that’s not registered.