On average, a homeowner will spend between 1-4% of their home’s value annually on maintenance and repairs, which typically increases as the house ages. Roughly, this comes to about $2,000 a year.
In order to save on costs for a home maintenance project, it is crucial to hire local construction contractors you can trust. Here are some questions to ask general contractors before you sign on the dotted line.
1. How long have you been working in this industry?
A contractor who has been around for a while will most likely have built up a clientele base and can provide you references. Don’t be afraid to ask to see pictures of completed projects, along with previous customer information so you can talk about their services with those who worked with them.
2. Are you licensed?
Of course you will want to hear the answer yes, but also keep in mind you want to know if they are licensed under workers’ compensation laws. This will not only protect their business and assets, but keep you, as the homeowner, free from liability.
3. What is your field of experience?
Because general contractors deal with a variety of projects regularly, it is likely that they have developed a specialty. From residential roofing to windows and doors, they will most likely have a lot of experience in one area of construction.
4. Do you have insurance in case something in my home becomes broken during the construction process?
Accidents happen, and when they do you will want to be protected. A burst water pipe or a cut gas line can be expensive to repair, so you want to ensure your contractor will be able to fix and cover all expenses if and when they happen.
5. Do you have any idea of a timeline for the project?
While it can be hard to expect a concrete date for the finalization of your project, it is important for your contractor to have complete transparency with your timeline. An experienced general contractor should be able to give you a projected timeline for when they expect the job to be done, and immediately offer any updates if the job does not go as planned.
With these questions in mind, you will be on your way to finding general contractors you can trust.