Picture of George Nicola
George Nicola

George is a seasoned interior designer and property marketing strategist with over 13 years of experience. He specializes in transforming properties into visually stunning spaces, helping clients recognize the potential and beauty in each property. With an impressive international client base of exciting projects throughout Europe and America.

Table of Contents

You’ll need a real estate contractor at various stages of property ownership. Before buying, consult one for property assessments and renovation estimates. Post-purchase, hire a contractor for urgent repairs and safety upgrades. Within the first year, focus on major renovations and system updates. For long-term ownership, schedule regular maintenance and plan for system replacements every 5-10 years.

A construction worker wearing a yellow hard hat and safety vest is sitting at a workbench, reviewing blueprints in a building under construction. It's critical to hire a real estate contractor who ensures that every detail meets the highest standards.
A construction worker wearing a yellow hard hat and safety vest is sitting at a workbench, reviewing blueprints in a building under construction. It's critical to hire a real estate contractor who ensures that every detail meets the highest standards.

When selling, enlist a contractor to maximize property value through strategic improvements. Throughout ownership, balance urgent needs with long-term value enhancements. Prioritize projects based on urgency, ROI potential, and budget. Understanding the best timing for each project can greatly impact your property’s functionality and value.

Pre-Purchase Stage

George Nicola from TALLBOX: When you’re considering purchasing a property, consulting a real estate contractor during the pre-purchase stage can be invaluable.

You’ll want to involve them during property viewings, before making an offer, and throughout the due diligence period.

A contractor can provide quick assessments of potential renovations and rough estimates for budgeting purposes, helping you make an informed decision about the property’s true value and potential costs.

A construction worker wearing a yellow hard hat and a plaid shirt reviews architectural plans at a building site with scaffolding and sunlight streaming through windows—a scene that reminds you to hire a real estate contractor for your next project.
A construction worker wearing a yellow hard hat and a plaid shirt reviews architectural plans at a building site with scaffolding and sunlight streaming through windows—a scene that reminds you to hire a real estate contractor for your next project.

Prior to making an offer on a property, you’ll want to enlist a real estate contractor for thorough inspections and renovation feasibility studies during your viewing appointments. These professionals can provide invaluable insights into the property’s condition and potential.

During the viewing, a contractor will conduct detailed inspections, examining the structural integrity, electrical systems, plumbing, and overall build quality. They’ll identify any existing issues or potential problems that may not be immediately apparent to the untrained eye.

If you’re considering renovations or modifications, a contractor can perform renovation feasibility studies on-site. They’ll assess whether your desired changes are structurally possible, estimate costs, and highlight any potential challenges or restrictions.

Securing a real estate contractor’s expertise before making an offer is essential for informed decision-making and accurate budget planning. You’ll benefit from thorough property evaluations that reveal potential issues or necessary upgrades, helping you assess the true value of the property. These assessments can uncover hidden problems that mightn’t be immediately apparent during a standard viewing.

A contractor can provide detailed cost estimates for planned improvements. This information is vital when determining your overall budget and negotiating the purchase price.

You’ll have a clear understanding of the total investment required, including both the property’s cost and any renovations or repairs needed. With these insights, you’re better equipped to make a competitive offer that accounts for the property’s condition and your future plans.

A contractor’s input at this stage can save you from costly surprises and ensure you’re making a well-informed decision.

The due diligence period presents a critical opportunity to leverage your real estate contractor’s expertise for a thorough property evaluation. During this time, you’ll want to have your contractor conduct a detailed inspection of the property. They’ll assess structural integrity, electrical systems, plumbing, HVAC, and potential code violations. Your contractor can provide in-depth estimates for necessary repairs or renovations, helping you make an informed decision about the property’s true value and potential costs.

They can identify any red flags that mightn’t be apparent to the untrained eye, such as signs of water damage, foundation issues, or outdated wiring. With their professional insights, you’ll be better equipped to negotiate the purchase price or request repairs from the seller.

Don’t hesitate to schedule multiple visits with your contractor during this period to make sure all your concerns are addressed.

Immediately After Purchase

After purchasing your new property, you’ll want to address any immediate concerns before moving in.

Within the first month of ownership, it’s important to conduct a thorough inspection and create a prioritized list of necessary repairs or renovations.

You should consider hiring a professional contractor during this period to assess and tackle any urgent issues, ensuring your new home is safe and habitable from day one. Working with a general contractor will also help streamline the process and ensure that all necessary permits and codes are followed. They have the experience and knowledge to handle any unexpected problems that may arise during the renovation process. In addition, they will be able to provide a detailed timeline and cost estimate, giving you peace of mind throughout the project.

A modern patio featuring two wicker chaise lounges with white cushions, a dining table set with chairs, planters with vibrant greenery, and a sliding glass door leading to the interior. Hire a Real Estate Contractor to bring this vision to life effortlessly.
A modern patio featuring two wicker chaise lounges with white cushions, a dining table set with chairs, planters with vibrant greenery, and a sliding glass door leading to the interior. Hire a Real Estate Contractor to bring this vision to life effortlessly.

Before moving in:

Once you’ve closed on your new property, it’s important to address essential repairs, renovations, and safety upgrades before moving in. This is the perfect time to hire a real estate contractor to assess and handle these critical tasks. They can identify and fix any structural issues, update outdated systems, and guarantee your new home meets current safety standards.

Focus on essential repairs first, such as fixing leaky roofs, repairing damaged walls, or addressing plumbing problems. These issues can worsen over time if left unattended.

Next, consider necessary renovations to improve the property’s functionality and value. This might include updating kitchens and bathrooms or reconfiguring layouts to better suit your needs.

Don’t overlook safety upgrades. Install smoke detectors, carbon monoxide alarms, and secure locks on all doors and windows. Your contractor can recommend additional safety measures specific to your property’s needs.

Within first month of ownership:

Within the initial month of owning your new property, you’ll want to shift your focus from essential repairs to non-urgent improvements and cosmetic updates that enhance your home’s livability and appeal. This is the perfect time to address aesthetic issues and make personalized changes that reflect your style. Consider hiring a contractor to help with these projects, as they can provide expertise and efficient execution.

Within First Year of Ownership

Within the first year of owning your property, you’ll likely encounter various maintenance and improvement needs.

At the 3-6 month mark, you might consider addressing minor repairs or upgrades that weren’t immediate priorities upon purchase.

As you approach the 6-12 month period, you’ll have a better understanding of your property’s quirks and may be ready to tackle larger projects or renovations that align with your long-term goals for the space.

3-6 months after purchase

As you settle into your new home, the 3-6 month mark presents an ideal window for tackling major renovations and structural improvements. This timeframe allows you to familiarize yourself with your property’s quirks and potential issues while still maintaining the momentum of your homeownership journey.

During this period, you’ll want to focus on two key areas: major renovations and structural improvements. Consider updating your kitchen or bathrooms, as these projects can greatly enhance your home’s value and functionality.

Structural improvements, such as reinforcing foundations or addressing roofing issues, should be prioritized to guarantee your home’s long-term stability and safety

6-12 months after purchase

Two months into your homeownership journey, you’ll want to address any immediate repairs or minor upgrades that can greatly enhance your living experience and prevent small issues from escalating.

Focus on tasks that guarantee your comfort and safety, such as fixing leaky faucets, repairing faulty electrical outlets, or patching small wall cracks. It’s an ideal time to tackle simple aesthetic improvements like painting rooms or updating cabinet hardware.

Consider hiring a contractor for more complex projects that require specialized skills or tools. They can help with tasks like installing new light fixtures, replacing outdated appliances, or addressing minor plumbing issues.

While you might be tempted to start major renovations, it’s wise to hold off on extensive exterior improvements or landscaping projects until you’ve lived in the home for at least 6-12 months. This allows you to better understand your property’s needs and your personal preferences.

Long-Term Ownership (1+ years)

Long-term ownership of a property requires a strategic approach to maintenance and upgrades, ensuring your investment remains valuable and functional for years to come. On an annual basis, you’ll need to schedule regular maintenance and inspections to catch potential issues early. This is an ideal time to contemplate energy efficiency upgrades, which can save you money in the long run.

Every 5-10 years, you’ll face more significant challenges. Major system replacements, such as HVAC or roofing, will likely be necessary during this timeframe. These projects often require substantial investment and expert contractors.

You should plan for modernization projects to keep your property up-to-date with current market standards and technologies. By anticipating these long-term needs and hiring qualified contractors at the right times, you’ll maintain your property’s value and functionality while avoiding costly emergency repairs.

Pre-Selling Stage

To maximize your property’s value and appeal before listing, you’ll need to carefully plan and execute a series of improvements during the pre-selling stage. This period, typically spanning 6-12 months before listing, is essential for major renovations and curb appeal enhancements.

As you approach the 1-3 month mark, focus shifts to minor repairs and staging-related modifications.

When hiring a real estate contractor during this stage, consider the following:

  1. Prioritize major renovations early to allow ample time for completion
  2. Schedule curb appeal improvements to coincide with best seasonal conditions
  3. Plan minor repairs and touch-ups closer to the listing date for a fresh appearance
  4. Coordinate staging modifications with your real estate agent’s recommendations.

Comparison of Timelines

When planning your real estate projects, you’ll need to carefully compare timelines for various improvements, balancing urgent needs against long-term value enhancements. Consider prioritizing projects that impact livability immediately, such as fixing a leaky roof, over those that primarily boost property value. 

However, don’t neglect opportunities that offer significant returns on investment.

When planning your real estate projects, you’ll need to carefully compare timelines for various improvements, balancing urgent needs against long-term value enhancements. Consider prioritizing projects that impact livability immediately, such as fixing a leaky roof, over those that primarily boost property value. However, don’t neglect opportunities that offer significant returns on investment. For example:

  1. Updating outdated electrical systems to meet current safety standards and accommodate modern appliances.
  2. Renovating kitchens and bathrooms, which often provide a high return on investment and greatly improve daily living experience.
  3. Improving energy efficiency through better insulation, window upgrades, or installing a smart thermostat.
  4. Enhancing curb appeal with landscaping or exterior painting to make a strong first impression.
  5. Adding or upgrading outdoor living spaces like decks or patios to extend usable square footage.
  6. Finishing a basement or attic to create additional living space or potential rental income.
  7. Installing or upgrading security systems to improve safety and potentially lower insurance costs.
  8. Addressing any structural issues like foundation problems or termite damage to prevent further deterioration.
  9. Upgrading to more efficient and reliable HVAC systems for improved comfort and lower utility bills.
  10. Refreshing interior paint and flooring to give the property a modern, well-maintained feel.
  11. Adding smart home features like automated lighting or a smart lock system to appeal to tech-savvy buyers or renters.
  12. Improving water efficiency with low-flow fixtures or drought-resistant landscaping in applicable areas.