Benefits of Feasibility Studies for Home Renovations

When planning for home renovations, excitement takes hold and it’s so easy to get carried away by the vision of what you want. There’s nothing wrong with imaginative ideas or dreaming of a great end result. But the planning must also keep its proverbial feet on the ground and go hand in hand with establishing the project’s achievability.

A huge part of the initial planning stage that many homeowners fail to consider is a feasibility study. In a sense, this is where dreams meet reality, so that even apparently minor plans and larger, lofty concepts can be looked at carefully for their viability before anyone even swings a crowbar or lifts a hammer.

Dreams vs. Reality: Make sure you’re on track

You may be looking to extend the footprint of the house or create another story for your growing family. Maybe it’s something as seemingly simple as adding a back deck ora balcony off the upstairs master bedroom.

Some of the questions that a professional feasibility study addresses are:

  • Will the proposed project comply with all city zoning and building by-laws?
  • Is it cost-effective and within your budget?
  • Is it realistic from a functional point of view?
  • What timelines are needed to finish the project, including its individual stages and overall completion?

It’s a false economy to think that you save by skipping the feasibility study step. The relatively marginal amount you’re avoiding may come back as a bigger burden on your budget down the road. In some cases, project feasibility can even be confirmed during the very first meeting at no additional cost.

Think Ahead: Put a stop to stoppages

Understandably, proper permits and approval must be attained for any home renovation venture. The last thing you want is to have everything mapped out, materials purchased and contractors hired, only to find out that they cannot proceed because feasibility checking shows that the design is flawed or just plain unacceptable at city hall.

There are few home renovation nightmares worse than discovering partway through a project that some aspect of the design or its execution isn’t “up to code” or that city regulations prohibit a structure from nudging too near a property line. Valuable time (not to mention money) will have been spent up until that point, and who wants to put on the brakes because of an unforeseen stoppage and rethink an entire concept?

Hire the right contractor 

Partner with an experienced home builder who has a solid background in local urban construction. As a homeowner with a dream, you can describe what you expect from your home renovations and a knowledgeable builder will be able to explain the possibilities and limitations from design, practical, impact analysis and regulatory standpoints.

Feasibility studies exist for a good reason; don’t skip this essential step before you renovate your home.

To find out what we can do for your home, we offer a free, no-obligation consultation to go over your project and give you a workable plan whether you use us or not. 

To arrange a consultation, call us at 604-263-0343 or use our online form.



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