Checklist for Hiring A Contractor to Build or Remodel Your Lake House
Sponsored by Charles Thompson Construction
Experience and Expertise
Ensure the contractor has experience in building lakefront homes.
Verify their knowledge of waterfront construction challenges, such as:
–Setbacks
–Erosion control
References and Reviews
Check references and reviews from previous clients.
Visit past projects if possible to assess the quality of work.
Licenses and Insurance
Confirm the contractor holds the necessary licenses.
Verify they have adequate insurance coverage, including:
– Liability
– Workers' compensation
Detailed Contract
Insist on a detailed contract outlining:
–Scope
–Timeline
–Costs
–Responsibilities
Include clauses for handling changes and unforeseen issues.
Permits and Regulations
Ensure the contractor is knowledgeable about local building codes and permit requirements for lakefront properties.
Verify they handle all necessary permits and inspections.
Discuss and ensure contractor is familiar with the restrictive covenants and HOA rules on your property
Sustainability
Discuss environmentally friendly building practices and materials.
Consider the contractor’s approach to minimizing environmental impact.
Communication
Establish clear communication channels.
Ensure they provide regular updates on project progress.
Budget and Payment
Agree on a budget and payment schedule.
Understand the Payment Terms: Avoid contractors who request cash payments, full payment upfront, or final payment before project completion. A typical plan involves a one-third deposit, with progress payments and a final payment upon completion.
Project Management
Understand their project management approach and team structure.
Meet the project manager or site supervisor responsible for daily operations.
Dispute Resolution
Have a plan for resolving disputes, including:
Mediation clauses
Arbitration clauses
Warranties and Guarantees
What warranties do they offer on:
–Workmanship
–Materials
Design and Customization
Discuss your design vision.
Check if they can accommodate custom features.
Steps to follow during and after the contractor's work
–Organize Documents: Keep all project-related paperwork together.
–Monitor Progress: Take notes and weekly photos, and inspect the work before the final payment.
–Final Receipt: Upon completion and satisfaction, make your last payment and get a "paid in full" receipt.