Learn about BVM Contracting’s Flexible Residential Project Management Structure for New Home Construction and Home Addition Projects
BVM Contracting is able to help all types of clients with their home building projects, whether is be a completely new home build, an addition or extension to your home, or any complex home renovation project that requires superior project management.
Over the years of completing residential construction projects in Toronto, Scarborough, East York, The Beaches, and the areas surrounding, we have been able to work with many different types of clients, some of which took a lot of responsibility during the project.
We are here today to tell you that you can substantially manage your own project with BVM Contracting, but will still need an educated home builder to help make sure that things run smoothly.
Below we talk about some of the ways that we have been flexible with clients on their new home construction or top-up or extension home addition projects, and the things to consider when taking on large portions of the scope of work as a home owner.
Option 1: Let BVM Contracting Build Your Home’s New Building Envelope, and You Can Finish the Interior
BVM Contracting has completed this with multiple home owners over the past few years and is actually one of our strengths as a home builder in Toronto. We can get a building envelope completed in less than two months usually, depending on the size of the build.
There are some important considerations in doing it this way versus having BVM manage the entire project:
You will spend a lot of time managing the remaining amount of the project, and usually the home owner has a family and a day job which will restrict the amount of time spent on getting the project done. This almost always extends the duration of the project but that is fine by some people as they usually trade their time in exchange for a less costly build.
Make sure that which ever sub-trades that you use have insurance and WSIB. You will want to protect yourself if anything goes awry so make sure that you are only dealing with reputable companies
It is likely that these sub-trades will not give you the best pricing since you as the home owner do not give them multiple projects to work on per year. If you are getting quotes make sure you get multiple to ensure that you aren’t getting completely ripped off.
Keep in mind that you will have to have a flexible schedule in order to attend the remaining City inspections of the build, and it is important to note that you are at the mercy of the inspectors schedule.
Make sure that you are carrying builder’s risk insurance on the build, just in case anything goes wrong with the project. Your existing home’s insurance won’t cover anything as you are building the new home, just keep that in mind!
Option 2: Let BVM Manage the Project up Until the Drywall is Completed
This method is another popular way to do things, since a lot of the technical issues in a home build happen before this phase, and everything after is mostly cosmetic. In our scope of work for this type of project management, we would make sure that all of the more technical aspects are dealt with by us, so all you will have to do is finish the house. The benefit of doing it this way is you will also have to attend no other inspections except the one for occupancy and the final inspection to close the permit. This means that way less of your time will be spent managing the project, and you will still save money on the project.
Option 3: Managing the Sourcing/Supply of all Finishes (Recommended)
We allow all of our clients to choose and buy finishes by themselves. We also allow them to use our contractor discounting in order to save as much money as possible on the client-managed portion of the build. This has been our most popular way of management, so much so that we have adopted it as our standard management procedure for every project.
Conclusion
If you are thinking about managing a large portion of your luxury home build, new home construction, or home addition project I am here to tell you that it is possible. Just make sure that you partner with the right home builder in Toronto and have enough time to properly manage the project.
If you are interested in learning more about this offering, contact us at contact@bvmcontracting.com or 647-401-HOME.
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 and custom home builds (full interior renovations, home additions, lot severances, new home construction, and laneway suites). Our goal is to help guide our clients through the process of building 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.