Luxury Home Additions in Toronto Can Add Value to Your Property

Luxury Home Additions in Toronto Can Add Value to Your Property

There are many reasons why you may want to put an addition on your home. You may need an additional bedroom for a new child. You may want a rec room for your growing teenagers. You may require space for a home office. Whatever the reason, luxury home additions in Toronto can add value to your property and ensure that you get more enjoyment out of your home.

Consider Your Priorities

Before embarking on your building adventure, consider your needs and priorities. Make a list of your “must haves”, “don’t wants” and “dream wish list”. Consider what other work you should get done at the same time. If you are going to be opening up walls during the building process, think about updating wiring, plumbing and insulation. Go over your finances and know what your budget limits are. Always plan for some cost and scheduling overruns.

Gather Your Team

Building an addition to your home requires a team of workers. You will need a designer to conceptualize the project. You will need an architect to draw up the plans. You may require an engineer to make sure the foundation of the existing home can hold the extra weight. An interior designer can help plan the layout of the rooms. Finally, a variety of skilled trades people will come in to complete the job. Some custom homebuilders in Toronto have these teams already in place – a group that can see the project through from an initial idea to the final touches. This can make the process run more smoothly.

Ask Questions

Make sure to get a variety of estimates. Ask your friends and colleagues for recommendations. If you like a specific company, ask if you can see their work and speak to their former clients. Make sure you hire a builder that is registered with Tarion. Tarion is a government regulated company that ensures builders adhere to the Ontario New Home Warranties Plan Act. Home builders that are registered with Tarion are tested for technical knowledge and are reviewed annually for financial stability. Beware of hiring a general contractor: most are not members of Tarion and are not required to be regulated in any way. Find out what kind of warranty will back the work. A company should offer a seven-year Tarion backed warranty. Ask who will be supervising the work; someone with an engineering background is preferable.

Transparency

Having a luxury addition put on your home is a large undertaking that needs to be managed well. Make sure your building team is fully transparent. Have agreements in writing that spell out the proposed work. Get clear and reasonable estimates of the costs and scheduling. Have them walk you through the process and what to expect. This may include excavation, construction, plumbing, electrical, insulation, installing walls, cabinetry etc. Don’t sign off on designs until you are sure you understand what they represent. If you can’t conceptualize the size of the rooms, take a tape measure and a piece of chalk and draw them out in an empty parking lot. Or ask if the company provides 3D modeling, a concept that allows you to virtually see the design.

With a little planning, luxury home additions in Toronto can add value to your property and give you years of pleasure in your new home.