When remodeling or renovating commercial spaces, property owners and managers often make some common blunders. As remodeling professionals, we have seen our fair share of projects gone wrong. In this blog post, we will discuss nine common mistakes companies make when remodeling their commercial spaces!
1. Not Hiring a Design-Build Company
Hiring separate companies for design work and general contracting when renovating a property can be detrimental because two different teams will have to become ideally in sync to execute the project. This is time-consuming and can lead to mistakes. However, a design-build company like Streamline Builders, serving customers in Santa Monica and several other cities across California, will oversee all aspects of the renovation process from start to finish.
2. Incorrect Assessment of the Current Property Condition
When remodeling commercial spaces, it is essential to have a thorough understanding of the property’s current condition, including structural condition, amenities, etc. Without this information, the renovation team will make mistakes that can result in financial losses.
3. Choosing Poor Quality Building Materials
Choosing cheap and poor-quality materials to minimize renovation costs can backfire. Cheap materials may not hold up to heavy wear and tear, leading to the need for remodeling again in the future.
4. Not Taking into Account Presence of Hazardous Materials
Many older buildings contain hazardous materials such as asbestos, lead, and mercury. There are strict government regulations for handling these materials. Improper handling of such materials may result in hefty fines.
5. Not Taking into Account the Building Systems’ Lifecycles
All building systems, such as heating, air conditioning, plumbing, etc., have useful life cycles. If a building is older than 15 years, it is possible that its systems will not be up to date with current technology or features and may need replacement or updating.
6. Neglecting Building Codes and Other Laws
Building codes and other property-related laws, such as energy and environmental laws, accessibility codes, etc., are subject to change every so often. As a property owner, you need to ensure your team is complying with all the regulations, or it may end up costing you.
7. Not Considering the Property’s Age
Remodeling a building that is near the end of its useful life can be an expensive mistake. The building structure may not be sturdy enough and need rebuilding rather than remodeling. Otherwise, the remodeling could wind up costing more than the building is worth.
8. Underestimating the Cost of Renovation
Underestimating the renovation cost and not including all expenses in the budget is a common renovation mistake. You should be realistic about your plans and prioritize the upgrades based on the available funds so you don’t run out of money before completion.
9. Lowest Bid Being the Only Criterion for Hiring the Contractor
Before comparing quotations submitted by different contractors, you should consider several other factors, such as whether they are licensed, do they have insurance coverage, will they use subcontractors who are licensed and insured, etc.
Also, inspect their previous work for quality and adherence to building codes, and check what kind of reviews they have received from customers on social media platforms.
Streamline Builders is an experienced company providing multifamily housing and commercial property renovation services in Santa Monica and several other cities across California.