Home Building Readiness Assessment
Do you think you are ready to take on a new home-building project? Put your readiness to the test with our home building readiness assessment tool, which will allow you to determine which areas you need to work on before completing a home build.
This assessment will take you less than 2 minutes to complete and there is no contact detail wall until after you receive your score. If you decide you would like to contact us to schedule a no-obligation, no-charge home building consultation to help improve your score we allow you to do so after you have received your score.
Key Take-aways for assessing your readiness to build
Home Building Costs: It is important to know how much your home building project is going to cost before wasting money on a design you cannot afford. BVM Contracting can help you get a realistic project budget in place using our database of historical home building projects. We even have a new home-building cost calculator for a quick estimate of how much your proposed home build is going to cost.
Property-specific Zoning Information: If you are not allowed to build what you are hoping to build on your property there is no point in spending money on a design and permitting! It is important to know what is and isn’t possible on your property and BVM Contracting has the in-house team (and industry contacts) to advise you.
Receiving Fee Proposal from Architect or Permit Designer: Before you go into the design process guns-a-blazing you should understand the total costs of your design and how much the permits will cost before committing to working with the designer. You should also know how much your proposed project may cost before going into the design phase, which any reputable home builder will be able to help with. BVM Contracting not only provides preliminary pricing BEFORE our clients enter into agreements with architects and permit designers, but we also work with your chosen design partner to ensure that the design fits with your budget.
Home Building Project Financing: Often this is left till our clients have all of the above information (to avoid spinning tires and getting unnecessary credit checks), but very important. For bonus points (and to be in a better position for your discussions with home builders and design partners) you can look into your borrowing power BEFORE you start the process by using one of the many home financing/refinancing tools/calculators out there on the internet. It takes some work upfront but is worthwhile so you aren’t wasting too much time if you can’t yet afford the home build you want to complete.
Updated Topographic Survey: Once you determine your preliminary home building costs, get your fee proposal from your design partner, get confirmation that you will be able to build what you want to build, and confirm that your financing is for the project you can then get an updated topographic survey of your property (which we can help you with by referring one of our surveyors).
Conclusion
It is important to understand how ready you are to build and our assessment tool will give you a great idea of where you stand. If you still need to fill in some gaps BVM Contracting is here to help you become 100 percent ready and feel confident about tackling your upcoming home building project.
About BVM COntracting
BVM Contracting is a full-service General Contractor or Home Builder located in Toronto. We provide home renovation and building services for major home renovations (kitchen renovations, bathroom renovations, basement renovations, full interior renovations, home additions, lot severances, and new home construction). Our goal is to help guide our clients through the process of renovating their home, from concept to completion.
Further than providing General Contracting and Project Management for major home renovations, we also offer value-added services such as renovation financing, renovation rebate consultations and services, building permit and design services, smart home installation services, and real estate investor services.
To learn more about our offering by visiting our services page.