Starting A Home Renovation? Don’t Ignore These Key Insurance Risks

More homeowners have been renovating their homes instead of buying due to housing prices. While continuing to build equity in your home can be advantageous financially, navigating a construction project isn’t easy. And when something goes wrong, many homeowners are surprised to learn of gaps in their insurance coverage or their contractor’s. Before starting a home renovation project, take steps to help ensure you’re covered against these potential risks.

Addressing insurance risks before starting a home remodeling project

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CRA has clarified the rules for new MHRTC home renovation tax credit

Jamie Golombek: Main home and secondary unit for a relative can be built at same time and still qualify for $7,500 credit

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Among the 2023 tax changes

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How to Prioritize Your Home Renovation: 6 Areas to Focus on First

Whether you’re a new homeowner looking to personalize your space or an existing homeowner seeking to revamp your living quarters, prioritizing your renovation projects is essential. With countless ideas and improvements to consider, it’s easy to feel overwhelmed. That’s why we’re here to guide you through the process and help you focus on the right areas first. In this article, we’ll walk you through six key areas that deserve your attention from the get-go. By the end, you’ll have a clear roadmap to transform your home into the haven you’ve always dreamed of. Let’s get started!

Roofing and Structural Integrity

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Historic Home Renovation: 6 Tips to Know Before You Begin

In order to know exactly what she’s working with, New York designer and AD PRO Directory member Elena Frampton makes it a rule to thoroughly scrutinize all the built elements, from floor to ceiling, and all architectural details in between. “Leave no stone unturned when it comes to kitchens and baths,” says Frampton. “It’s always worth looking into what lies underneath. Is there wood under the carpet? Do the fireplaces work? Is there enough power for contemporary systems?” Unanswered questions now can turn into emergency projects later. 

The centerpiece of this prewar duplex is a double-height grand salon, which Frampton

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7 Things You Didn’t Know Can Delay Your Home Renovation

Photo: istockphoto.com

Renovation projects can be a lot of fun. They allow folks the ability to get creative, work with their hands, or bring an idea to life. They can also increase the value of the home, improve its functionality, and solve problems homeowners were living with for years. But, renovations have their pitfalls, and delays can happen.

Whether the homeowner is going full-DIY or hiring pros to handle the job, there are common (but somewhat unknown) hurdles to maneuver. It’s helpful to know about the following home renovation delays before picking up that hammer and pry bar.

1. Lack

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