Remodeling a commercial or industrial space can be expensive and time-consuming. In some cases, the money spent is well worth it. In other cases, it may not be. If you are on the fence about remodeling your building, here are a few of the factors you will want to look at when determining whether your building is remodel ready or not.
Your Building No Longer Meets Your Needs
One of the signs that your building is ready for a remodel is that the building no longer meets your needs. The layout may not work for the type of business you have, you may need more space or you may have new equipment that needs to be housed differently. In other cases, your building may simply be outdated. No lawyer or doctor’s office wants their patients or clients to walk into a space that feels decades old. Whether you are looking to adjust the layout to make your space more functional, or you want to make the space more aesthetically appealing, a remodel project may be ideal for you.
You Have Encountered Issues You Must Correct
Another sign that your building may be ready for a remodel is that you have encountered issues that you must correct. You may have encountered structural issues that you need to correct or electrical or plumbing problems. If you have been thinking about remodeling your building and then you run into issues that need to be corrected, you may want to take this as a sign that you should remodel. It is easier to remodel when your building is already being ripped apart and changed for other issues than it would be to correct these issues and complete a remodel down the road.
You’ve Weighed the Costs of Remodeling Versus Moving
Before you complete any remodel project, it is always important to get estimates to determine how much your remodel project will cost. Once you have these estimates, always compare the cost of remodeling versus moving. Remodeling is usually cheaper than purchasing a new building, but this is not always the case. In some cases, it may actually be cheaper and make more sense to construct a completely new building or purchase a new building that best meets your needs. Take the time to weigh the costs of remodeling versus moving to determine if a remodel project is best for your building.
You Have the Cash or Financing to Remodel
Another important factor you need to think about when deciding whether or not your building is remodel ready is whether you have the cash on hand to complete the remodeling project or whether you can get the financing you need to remodel. Many building owners would love to remodel their space, but they simply do not have the finances to do so or the available business credit score to get the financing they need. If you are thinking about a remodeling project, start setting money aside for the project a few years ahead of time or work on getting the financing you need to complete the work you want done.
You Can Get the Permits You Need
Lastly, consider whether or not you can get the permits you need to complete the remodeling work you want completed. You may want to expand your commercial building or add a new floor, but you may find that the zoning requirements where your building is located do not allow for the remodeling or renovations you want. A great construction company can look into zoning and permitting issues for you, helping you to determine whether your building can have the work done to it that you would like.
Are you looking to remodel your commercial or industrial space in the greater Melbourne, Florida area? Then let MH Williams Construction Group help you. We are able to provide administrative, design, project management and supervision and technical expertise for all of your construction and remodeling projects. Contact us today to schedule an appointment to sit down and discuss your needs and how we can help you.