Home Addition vs Moving

Adding a Home Addition

Advantages

- Cost-Effectiveness: One of the primary benefits of opting for a home addition is its cost-effectiveness. Expanding your current property often proves to be more economical than purchasing a new house. By selecting a home addition, you can sidestep expenses like realtor commissions, closing costs, land transfer taxes, new home start up fees, general personalized renovation work and moving fees.

- Preservation of Sentimental Value: Your existing home may hold significant sentimental value due to shared memories and experiences. Through a home addition, you can uphold this emotional connection by creating additional living space that caters to your evolving needs, all without leaving cherished memories behind.

- Customization and Personalization: A home addition grants you the freedom to design and personalize the new space to meet your specific requirements and preferences. Whether it's an expanded kitchen, an extra bedroom, or a home office, the addition can be tailored perfectly to suit your lifestyle.

- Avoiding Relocation Stress: Moving to a new house involves considerable stress and effort. Opting for a home addition allows you to bypass the challenges of house hunting, packing, and adapting to a new neighborhood.

Disadvantages

- Limited Space Potential: Adding a home addition is constrained by the available space on your property. Depending on your lot size and local zoning regulations, there may be limitations on how much you can expand your home.

- Disruption during Construction: Undertaking a home addition involves construction on your property, leading to noise, dust, and disruption to your daily life until the project is completed.

- Potential Permitting Challenges: Home additions often necessitate obtaining building permits from local authorities. Delays in the approval process could impact the project timeline, causing frustration and additional costs.

- Existing Home Limitations: Older homes may have structural or foundational limitations that complicate the addition process, potentially resulting in higher-than-anticipated renovation costs.

Buying a New House

Advantages

- Move-In Ready: Purchasing a new house means immediate occupancy without the need for renovations or additional construction, ideal for those desiring a fresh start in a ready-to-live-in space.

- Greater Space Options: Buying a new house provides a broad range of options in terms of size, layout, and features, allowing you to choose a home that aligns perfectly with your desired lifestyle.

- Modern Amenities and Energy Efficiency: New houses often come equipped with modern amenities and energy-efficient features, leading to long-term cost savings on utility bills and maintenance.

- Potential for Customization (Pre-Construction): Choosing a new house in the pre-construction phase may offer opportunities to customize certain elements, such as interior finishes and fixtures, before completion.

Disadvantages

- Higher Initial Costs: Purchasing a new house typically involves higher upfront costs compared to adding a home addition, considering down payments, closing costs, and potentially higher mortgage payments.

- Adjustment to a New Neighborhood: Moving to a new house requires adapting to a different neighborhood, community, and local amenities, which may not be suitable for everyone, particularly those with strong ties to their current community.

- Selling and Buying Challenges: The process of selling your current home and finding the perfect new house can be time-consuming, with potential delays and uncertainties.

- Limited Control over Design: While new houses offer various layouts and features, you may have limited control over the design and overall structure compared to a home addition, where you can tailor every detail to your liking.

In Conclusion

The decision to add a home addition or buy a new house in Ontario, hinges on factors such as budget, lifestyle preferences, long-term plans, and property availability. If cost-effectiveness, customization, and sentimental value preservation are priorities, a home addition may be the preferred choice. Conversely, for those seeking a fresh start with more space and modern amenities, purchasing a new house could be the ideal solution. Thoroughly assess your needs, consult professionals, and research the local real estate market to make an informed decision, as Ontario’s dynamic real estate market offers numerous opportunities to find a home that suits your unique needs and aspirations.

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Renovation Warranties

15 Jan, 2024

When engaging a contractor for the improvement or renovation of your home, it is crucial to methodically detail various aspects within your work order or contract. These include a comprehensive description of the planned work, the specified work schedule, and the agreed-upon payment amounts and timelines. It is essential to have these specifics documented and mutually signed by both parties to ensure absolute clarity in every facet of the project. Without a written contract, you are essentially taking a risk on the project's outcome. Another equally significant component of your contract revolves around the warranty provided by your contractor. Reputable contractors offer a well-defined renovation warranty covering both materials and workmanship, explicitly outlined in the contract. Confirming its inclusion is essential. Verbal assurances, such as a contractor pledging to "address any issues that may arise," can be challenging to enforce after completion. Any hesitation from the contractor to provide such details in writing should raise suspicion. The contractor's warranty should encompass the quality of the installation or construction work, clearly specifying the coverage and duration. For instance, if issues arise within the warranty period, the contractor should promptly address and rectify them in accordance with the warranty commitment. Any reputable contractor will furnish Construction Performance Guidelines as a means of clearly outlining their commitments. Construction Performance Guidelines serve to offer advance guidance on resolving disputes between homeowners and contractors regarding defects in work or materials. These guidelines are designed to complement local Building Codes and are supported by any applicable industry association guidelines and/or standards. Importantly, they do not replace manufacturer warranties. Furthermore, the products used by the contractor in your project will come with warranties from their respective manufacturers. Typically, these warranties guarantee freedom from defects for a specified duration, provided the installation follows the manufacturer's instructions. Upon project completion, the contractor should provide you with the manufacturers' warranty documents for the project's materials—ensure you obtain these. For example, in the case of a new kitchen, the contractor's warranty covers the workmanship in construction, while separate manufacturers' warranties apply to products such as kitchen cabinets, plumbing fixtures, and flooring. Safeguarding these documents is crucial in case issues arise, allowing you to access warranty services from the manufacturers. Each product warranty delineates the coverage duration and outlines the warranty service process. Keep these documents secure for potential future use. The warranty provisions in your contract should also specify the procedures for accessing warranty services from your contractor, including relevant contact details for any necessary follow-up services.

Steps for Home Renovation:

By John Oborne • 22 Dec, 2023

Embarking on a journey to transform your living space is an exciting endeavor, and at Oborne Contracting, we understand the importance of making the right choice for your unique vision. In the realm of home improvement, the ultimate decision frequently revolves around two options: revitalizing your current home/space or embarking on a new construction journey. Join us as we delve into the factors that can guide you in making the best decision for realizing your dream home. Prior to initiating any home renovation project, it is imperative to acquaint yourself with the essential steps involved: 1. Evaluating Your Current Space: Before immersing yourself in the decision-making process, carefully assess your current home. Is it filled with cherished memories yet in need of a revitalizing touch, or do you yearn for a completely blank canvas? Recognizing your emotional connection to your current space can play a pivotal role in shaping your decision. 2. Assessing Your Needs and Lifestyle: Consider how your lifestyle aligns with your current home. Has your family expanded, or are you in search of a more spacious and contemporary layout? Do you need more room for activities, work, or storage? Assess how well your current layout and design meet your daily functional requirements. Do you plan to stay in your home for the long term, then perhaps incorporating features that enhance accessibility should be taken into account. Consider how the renovation can optimize your available space. Grasping your existing and prospective needs is essential in deciding whether a renovation can meet those requirements or if a new construction is the more suitable choice. 3. Define the Scope of Work: Identify the extent of your renovation project, whether it's a simple repaint or a comprehensive transformation of a space. Understanding the project scope helps in selecting the right contractor and avoiding unnecessary expenses. 4. Establish Your Budget: Determine the budget for your renovation project early on. This not only assists in defining the project scope but also aids in selecting a contractor whose services align with your financial plan. Budget plays a significant role in the decision-making process. While renovations can often be more cost-effective than new construction, it's essential to factor in potential surprises that may arise during the renovation process. A detailed discussion with our team at Oborne Contracting can help outline the financial aspects of both options. 5. Zoning and Regulations: Local zoning laws and regulations can impact your decision. Renovations might be subject to specific restrictions, while new construction provides an opportunity to design within the current zoning guidelines. Our team at Oborne Contracting can guide you through the regulatory landscape. 6. Building Permits: Assess whether your renovation requires a building permit. Typically, if the project affects a building's performance or involves an addition, a permit is needed. Understanding this requirement ensures compliance with city regulations. 7. Obtain Architectural Drawings: While not always mandatory, getting architectural drawings is recommended, even for projects not requiring a building permit. Having detailed plans reduces the margin of error and ensures the realization of your vision. 8. Estimate the Cost: Research and determine the cost of remodeling based on the size, scope, and type of renovation. Be prepared for potential cost overruns, which can range from 15-30% or more, depending on existing conditions and your chosen contractor. 9. Select a Contractor: Choose a contractor with the expertise and experience relevant to your renovation needs. Ensure they are adequately insured, have the necessary permits, and can deliver the desired results. Investing in a qualified contractor is essential for a successful renovation. 10. Maintain Communication and Review Progress: Keep open lines of communication with your contractor and construction team. Regular site visits allow you to address questions and concerns promptly, ensuring that the project stays on track. 11. Take Occupancy and Enjoy: Once the renovation is complete, take occupancy of your revitalized space and enjoy the fruits of your investment. A well-executed renovation enhances the functionality and aesthetics of your home. Conclusion: Partnering with Oborne Contracting for Your Journey At Oborne Contracting, we recognize the profound emotional attachment many people have to their homes, ad understand its powerful sentimental value. Whether you're contemplating renovations or embarking on a new home construction, we appreciate the importance of preserving cherished memories or creating new ones. Our dedicated team is poised to support you at every stage of the process, providing expertise, transparency, and a steadfast commitment to bringing your unique vision to fruition. Whether you opt to rejuvenate your current space or embark on the exciting journey of building anew, Oborne Contracting is your unwavering partner in transforming your dream home into reality. Reach out to us today, and let's shape the future together.

What to look for when hiring a general contractor.

By John Oborne • 23 Oct, 2023

Today, I want to share some invaluable insights on what to look for when hiring a general contractor. If you are planning a home renovation choosing the right general contractor is crucial to the success of your endeavor. 1. Friendly, Helpful, and Caring Great contractors are friendly and helpful – they will take the time to explain all options and ensure that you understand the decisions you are making. They will not rush you or tell you what is best for you – they will ask questions and dig deeper if they think you need more information to make the right decision. A good contractor will care about your project and make you feel like they will do what it takes to ensure the job is done right. You know a contractor cares by the way they treat the bid and interview process. Do they shut their phone off or put it on silent when they are meeting with you? Do they treat you respectfully? Do they walk into your office or house with dirty boots? To determine whether a contractor will be caring, you should pay attention to details about how they act and present themselves and you should choose a contractor that acts and presents themselves consistently with the way you expect them to. looking for a contractor with a good personality is important, but it should not be the sole or primary criteria when hiring, there are may more factors to consider. 2. Experience and Expertise One of the first things to consider is a contractor's experience and expertise. In an industry where skills and knowledge play a significant role, you want to partner with a general contractor who has a proven track record. Take the time to research the company's history, the projects they've completed, and whether they specialize in the type of work you need. The Oborne team has tackled everything from simple kitchen remodels to large scale additions, so we understand the diverse needs of our clients. 3. Licensing and Insurance Always make sure your general contractor is properly registered, licensed and insured, ensuring they meet the necessary standards and are accountable for their work. Additionally, insurance protects you from any unexpected mishaps during construction. Rest assured, at Oborne Contracting Inc, we are fully licensed and insured, so you can trust us to deliver quality work while minimizing your risk. 4. References and Portfolios Request references and review the contractor's portfolio. Contact past clients to inquire about their experience with the contractor. Always ask any and all questions that will put you mind at ease? Our company has a list of satisfied customers who can attest to our commitment to quality and excellence. 5. Communication Skills Effective communication is paramount in the construction industry. A general contractor should be an excellent communicator, keeping you updated on the progress of your project, addressing concerns, and answering questions promptly. Our team values transparent communication and maintains an open line with our clients throughout the project's life cycle. 6. Detailed Contracts A clear and detailed contract is essential to prevent misunderstandings and disputes. Whether it is a time and material contract or a firm price contract its important to ensure that the contract outlines the scope of work, budget, timeline, payment schedule, and any warranties offered. A reputable contractor will provide a comprehensive agreement that covers all the essential details. 7. Safety and Compliance Safety should always be a top priority. Confirm that the contractor follows all safety regulations and adheres to building codes. Oborne Contracting Inc maintains strict safety standards and ensures that all our projects comply with local regulations and safety guidelines. 8. Flexibility and Problem-Solving Abilities Construction projects can be unpredictable. Look for a contractor who can adapt to changes and solve unexpected issues with ease. Experience and flexibility are key in delivering successful projects. 9. Financial Stability A contractor's financial stability is a crucial factor to consider. You want to work with a company that has a stable financial history to ensure they can complete your project without hiccups. At Oborne Contracting Inc, we have a proven track record of financial stability. 10. Contractor’s Warranties The warranties for the work performed on your home should not be overlooked when making your hiring decision. Be sure the contractor provides Construction Performance Guidelines in the contract. What are the Construction Performance Guidelines? The purpose of Construction Performance Guidelines is to provide advance guidance as to how the company and homeowners are to determine whether a condition is covered by the warranty or how an arbitrator will decide any disputes between parties regarding defects in work or materials. Construction Performance Guidelines are intended to complement the Ontario Building Code and are supplemented by any applicable guidelines or standards produced by industry associations. They do not replace manufacturer warranties. Oborne Contracting’s work is guaranteed by a warranty outlined in Construction Performance Guidelines noted in all our contracts. 11. Commitment to Quality Ultimately, the commitment to quality should be non-negotiable. At Oborne Contracting Inc, we pride ourselves on delivering nothing less than high-quality work. Our commitment to excellence is evident in every project we undertake. Conclusion Finding the right general contractor is the cornerstone of a successful construction project. By considering these key factors, you'll be well on your way to making an informed decision. Remember, your contractor is your partner in bringing your vision to life, and I can't stress enough how important it is to choose wisely. With that said always remember a seasoned contractor will also be selective and evaluate the personality traits of potential clients before taking on any project. If you're planning a home renovation project in the Greater Toronto Area, don't hesitate to reach out to Oborne Contracting Inc. We care and we are here to help you make your construction dreams a reality. Thank you for reading, and I wish you the best of luck with your upcoming project!