ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Thinking About Renovating? Check With Your Building Department First

photo

SPONSORED CONTENT -- (StatePoint) From updating an outdated kitchen to adding a home office, home renovations can be exciting. Before you dive in, it’s critical to understand the local safety requirements that impact your projects.

The International Code Council’s annual Building Safety Month campaign raises awareness about the role that building codes play in keeping us all safe and the important work done by building safety professionals, including those in your local building department. Kevin McOsker, the Code Council’s vice president of Technical Resources, offers advice to help you renovate safely:

First, Meet With Your Local Building Department

Before beginning any home improvement project, you’ll want to meet with your local building department. They can walk you through the local building codes as well as the process for obtaining permits and inspections. Failing to meet the requirements outlined in the code can result in unsafe living conditions, failed inspections or costly rework.

To contact your local building department, start with your city or county’s official website and look for the building or planning department. You can also call your city hall or visit in person.

Remember, building departments want to help make your project a success. Some building departments even have approved details and drawings to assist you with simple permits, construction and inspections.

When reaching out, ask:

• Do I need a permit for this type of work?

• How much does the permit cost?

• Are there specific code requirements in my area?

• How do I schedule inspections and when should they happen?

Next, Secure a Permit and Inspection

A building permit is an official approval that allows you to proceed with a renovation or construction project. Permits are crucial because they ensure your project is safe and in compliance with local building codes and regulations. These regulations are designed to keep you safe from hazards inside the building as well as protect you from extreme weather events.

Skipping the permit process can lead to additional fees, stop-work orders or even complications when selling your home. In some jurisdictions, it may even be a misdemeanor offense that could carry significant fines.

Once you’ve secured a building permit, you’ll need an inspection. Building inspections are an official review of your renovation at key milestones during the construction process. They’re conducted by a certified professional to confirm that the work being done complies with local building code requirements.

Common Home Renovation Mistakes

Skipping Permits to Save Time or Costs: Skipping permits often leads to greater expenses later if youre fined, assessed additional fees or could even require you to redo completed construction work at your expense.

Assuming Minor Changes Don’t Require Approval: Even small updates can greatly impact safety and need permits and inspections.

Hiring Unlicensed Contractors: They may not follow the code, have no license to perform the work and usually do not carry any insurance, which puts your project and your home at risk. Licensed contractors are accountable to the licensing board, just like your doctor.

Failing to Schedule Necessary Inspections: Without a final sign-off, your project may be considered incomplete, non-compliant or worse – create an unsafe condition.

Use Building Safety Professionals as a Resource

By working with your local building department, you can ensure your project meets standards, avoids legal issues and creates a safe space for everyone in your home.

*****

Photo Credit: (c) Prot Tachapanit / iStock via Getty Images Plus

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.