How do you minimize expenses during a commercial renovation? Check out our tips!
Even a modest commercial renovation project can be expensive. However, there are some ways to minimize expenses while still bringing your vision for your commercial renovation project to the reality you are looking for. The following are a few tips we wanted to share that may help you save some money on your next renovation project.
Set and Stick to a Budget
First and foremost, set a budget and stick to it. Careful preparation for where you plan to spend money sets realistic expectations for what changes will be made and will prevent spending money on unnecessary extras. Now there is always that chance that commercial renovations can incur unforeseen costs. To minimize this risk, make sure to plan out the renovation process as thoroughly as you can, and always leave a cushion in your budget to cover unexpected expenses.
Hire The Right Commercial Contractor
Hiring the right commercial contractor for the job makes the greatest difference in your renovation project. Aside from having the right skills and safety record, the contractor that’s going to deliver a smooth commercial renovation process will be able to coordinate and communicate with you professionally. The contractor helps you stay within budget by giving you a close estimate of cost projections and project timeline.
Evaluate What to Leave Alone
Take time to think about the working building features of your space. Evaluate which aspects of your building can be reused and left alone. For instance, there’s no need to redo or replace expensive HVAC systems, window placements, bathroom plumbing, or even furniture if what you have is working fine and will be suitable for the future.
Do Now, Save Later
Even though everyone wants to save money on their commercial renovation projects, now may be the time to consider and/or make future cost-saving changes. Spending a little extra to make necessary changes during the renovation, such as fulfilling facility requirements, could save you from building or health code violations later, and you won’t have to deal with these issues down the road.
Work With Encore Construction
As a premier commercial general contractor, Encore Construction is proud to provide interior and exterior services in Baltimore, Maryland and beyond. We have an impeccable track record, an impressive portfolio, and an experienced team that is ready to tackle your next big project. Our results speak for themselves, and we’re proud of the work we continue to produce for our clients.
We have offices in Annapolis, MD and Tysons Corner, VA and we are happy to serve the Washington, DC, Baltimore, Northern, VA, and surrounding areas. Follow us on Facebook, Twitter, and LinkedIn for news and updates! Do you want to discuss your project with a member of our team? Visit our website, and call us at (410) 573-5050. We look forward to hearing from you!