Monday, August 31, 2009

Renovation Time - Preparation, Planning and Permits - What You Need to Be Aware of Before You Start

With more snow appearing every week, it seems and a depressing housing market too many people the coming winter months will be a great time to either start some new home renovations, or finish the ones that have been put off. Without the distractions of the warm weather, the lake and the golf course now is an ideal time to get cracking on those projects.

Renovations can be as simple as new paint for some or as complex as finishing a basement for others. No matter what level you are, it's important that you are aware of local bylaws and follow all safety rules when doing your work. This can be as extensive as requiring building, electrical and plumbing permits being required along with detailed plans before proceeding. Or something as simple as proper disposal of leftover paint when your project is complete.

By checking bylaws and regulations first, you won't be left with any unhappy surprises later. Failure to have the proper permits in place may not seem necessary at the time and a great way to save costs, but could result in nullifying your insurance policy if non-permitted wiring causes a fire. On some occasions, even trying to sell your home several years later can be a major headache without the proper permits in place for your finished basement or newly installed basement bathroom.

Imagine having to remove all your drywall two years after the fact, just to get an electrical permit to satisfy a potential buyer of your property. Then you would also have the additional cost of redoing it afterwards adding time, frustration and additional cost to your initial money savings of a few hundred dollars for permits.

If you are working on an older home, you should be even more diligent with safety codes and acquiring all the proper information. Many homes from the 1970's used asbestos in the vinyl flooring and not only can it be hazardous to remove, but requires special disposal techniques. Depending on the new flooring being installed, sometimes it can be installed over top without disturbing it, or a sub floor can be added on top of it to seal it in.

Although all of the asbestos based products were banned in the early 1970's, some products still did manage to get installed after the ban as leftover flooring was used up. So if you are unsure, find someone to test it for you.

Electrical wiring in older homes can also be a challenge. Aluminum wiring and 60 amp service are two of the biggest challenges that arise. The older 60 amp service could even prevent you from placing insurance on your property, or you may be stuck with extremely high yearly rates. This could affect future resale values or the ability to sell at all.

If your home does have aluminum wiring, there are even special switches and receptacles required to ensure the connections do not overheat. You even require special Marrettes (the little plastic connectors that screw onto wires) when connecting copper and aluminum wires together.

Aluminum wiring may also affect the ability of you or a future home owner to put insurance on the property. If you do have aluminum wiring in your home, be very aware of plugs or switches that give off significant heat. This could indicate serious overheating problems and needs to be addressed immediately.

Proper renovations to a home not only make it more comfortable, but also a safer environment. So if you do have questions check with your local city or towns permit department to ensure you have all the information you need to make a safe informed decision about how to proceed.

Bill Biko

http://www.investors.housez.ca

Helping people become involved in Alberta Real Estate and generating wealth while they sleep

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