Often costly, rehabilitation operations require skilled professionals, who are able to meet all the safett, sanitary and other standards.
Remodeling is different. Here, it is a matter of demolishing before rebuilding. Remodeling is a heavy operation that requires significant interventions. However, instead of heavy “bulldozer” remodeling, it is also sometimes possible to proceed with more gentle interventions, with a higher focus on the respect of the past. Remodeling operations now tend to look like reconversion.
It is a medium-risk investment. One must take into account the environment, as well as the ability of our Architects and Contractors to meet the requirement on the costs and the timing.
It is also a longer process, as a remodeling or a rehabilitation always requires several permits and inspections. The time factor must, therefore, be taken into account, as no income will be generated during the process.