How to Keep Your Renovation Project on Budget and on Time: A Step-by-Step Guide

Step 1: Define Your Goals

Understand the scope of the renovation. Are you upgrading a kitchen or remodelling an entire floor? You can use online tools like Planner 5D to visualize your ideas; and/or talk directly to our staff.

Step 2: Set a Realistic Budget

Before starting, researching material costs and labour fees in your area is super helpful. The Canadian Home Builders’ Association provides valuable insights on typical renovation expenses.

Tip: Always allocate 10-15% for unexpected expenses.

Step 3: Create a Detailed Timeline

Timelines are important and help you to keep the process running smoothly. Break the project into phases and set clear deadlines for each phase. If you love using project management tools, ClickUp, Asana, Trello, or many others can help you keep everything on track.

Step 4: Hire the Right Professionals

It's important to recognize that having the right materials, a great location, and clear goals is not enough for a successful renovation. If you lack experienced professionals on your project, things can quickly go awry. To ensure your renovation turns out the way you envision, it's essential to hire contractors who are knowledgeable and skilled in their work. Before selecting a contractor, be sure to check their reviews, past projects, and certifications on platforms like HomeStars.

After hiring the dream team, make sure you keep track of the progress of your project by having regular check-ins with your contractor.

Step 5: Avoid Scope Creep

Pitfalls can happen (and you can learn about some renovation mistakes here), but adhering to the original plan is advisable unless absolutely necessary.