How do inflation and soaring interest rates affect the volume and nature of renovation projects?

Inflation significantly affects several economic sectors, and the renovation industry is no exception. Whether it be minor or major repairs or remodels, when the cost of materials, supplies, and services increases, it becomes much more difficult for homeowners to carry out renovation projects as intended.

The Impact of Inflation on Renovation Projects

How can you stay on top of your game during the busy season as a construction contractor? How can you make the best of it? Keep reading!

As a renovation contractor, are you already thinking about the overwhelming amount of jobs you’ll have during peak business periods? Albeit a busy, hectic schedule is nothing but good news, organizing your schedule accordingly may be a job on its own!

Peak Construction Season: How to Organize Your Schedule

Looking for customers to boost business? Here are 5 industry-tailored strategies to help scale your business for long-term success.

The renovation industry has witnessed significant growth over the last few years, and that’s despite inflation! A lot of homeowners, particularly baby boomers, are to thank, preferring renovating over selling their homes and moving. Renovations allow people to improve their comfort and quality of life, adding value to their property in the process.

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Peinture de tole 

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Teinture de bois

Teinture de brique 

Cuisine +  dosseret de céramique 

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Peinture 

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Peinture + toiture 

peinture intérieure

Teinture de brique + toiture 

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Capitale-Nationale (Charlevoix)

Capitale-Nationale (Charlevoix-Est)

Chaudière-Appalaches (Levis)

Saguenay-Lac-Saint-Jean (Lac-Saint-Jean-Est)

Saguenay-Lac-Saint-Jean (Le Domaine-du-Roy)

Saguenay-Lac-Saint-Jean (Le Fjord-du-Saguenay)

Saguenay-Lac-Saint-Jean (Maria-Chapdelaine)

Saguenay-Lac-Saint-Jean (Saguenay)

Balcony - Wood

Creation opening doors/windows (fondation)

Deck - On the ground

Demolition

Drywall finishing

Exterior renovations

Exterior siding

Flooring - Installation

Framing

Gypsum, Walls and Ceilings

Home Addition

House extension - With plan

Infiltration - Basement

Infiltration - Roof

Infiltration - Window

Insulation - Exterior (Isolating panels)

Interior renovations - Without plumbing, Electricity or structure 

Painting - Exterior

Painting - Interior

Renovations - After disaster

Renovations - Basement (with electricity / plumbing)

Renovations - Basement (without electricity / plumbing)

Renovations - Bathroom (with electricity / plumbing)

Renovations - Bathroom (without electricity / plumbing)

Renovations - General

Renovations - Kitchen (with electricity / plumbing)

Renovations - Kitchen (without electricity / plumbing)

Roofing and Structure

Roofing- Non-metal (ex. Shingles)

Water inlet (with excavation)

Windows/ Doors (or both)  - Providing only

Windows/ Doors (or both) - Providing and installing

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