In cottage country when you are looking to buy a cottage that is older the first thing that you think about is "how much is it gonna cost me to renovate this old cottage?" That is something that every person thinks about when they are looking to buy a cottage that has been previously "enjoyed".
What most people do is start calling around to contractors and asking them questions over the phone about what they charge and then they try to come up with their own price for what they think things will cost. Some people even try to convince contractors to come look at the cottage before they have even bought it. That sounds like a good plan except that in cottage country contractors are busy enough with renovating that they don't have time to come out and look at a cottage you haven't even bought yet.
What you need is a contractor that's willing to come out and look at the cottage or cottages that you want to buy as a consultant. When a contractor works as a consultant they are billing per hour to look at the home, find out what the renovation needs are and what the wants are of the home buyers for changes, designs and style. Then the contractor will be able to produce a budget on the potential costs of doing the renovations. These budgets are not a price from the contractor to actually do the work, they are a budgeting tool for the homeowner so they know what they are getting into if they buy the cottage.
The contractor is not doing this to get the renovation work, in fact a lot of contractors do not have the time to take on the renovation work that is proposed, they are their solely working as a consultant to help the homeowner decide to buy or not buy the property.
We at Great Lakes Custom Homes do this type of consulting work for potential cottage buyers. We will bill you per hour and produce a report with a budget so that you can understand what you are getting into if you buy a certain piece of property.
If you need help with renovation budgeting for your cottage purchase send me an email at greatlakescustomhomes@gmail.com
We would be glad to help you.
Rob Abbott
Great Lakes Custom Homes Inc.
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