40% of renovation projects in Alberta go over budget. 95% of the time, it’s not the contractor’s fault.

The real cause was decided before the project started. The conversation never caught up.

Here’s what the data actually shows:

→ 40% of renovation projects in Canada run over budget or behind schedule → 95% of those overruns trace back to poor planning — not external factors → Change orders mid-project inflate costs by 5–10% in 4 out of 10 cases

The projects that blow up? Almost always missing proper documentation before the first tool is picked up.

The ones that hold? Someone did the boring work upfront.

This is not a contractor problem. But it’s not a market problem either.

What actually happened?

Scope was never properly defined. Existing drawings didn’t match the real site. Budgets were approved before anyone measured anything.

The math was always going to catch up.

For anyone managing a renovation or fit-out in Alberta right now — the question that matters isn’t “how do I keep costs down?”

It’s: WHICH decisions were already made before the project started.

A realistic budget built on inaccurate site data isn’t a budget. It’s a guess.

If you’re planning a project in Alberta and want a second read on the pre-construction process — I’m happy to take a look.

#Alberta #AlbertaRealEstate #CalgaryRealEstate #CanadaConstruction #ConstructionCanada #HousingMarket #RealEstateCanada #AlbertaConstruction #Feasibility #ProjectManagement #BusinessDevelopment #RealEstateDevelopment #ConstructionManagement #HousingStarts #PropertyDevelopment #AlbertaEconomy #CalgaryConstrucion #NewBuilds #RealEstateInvesting #UrbanDevelopment #RenovationTips #Feasibility #RealEstateCanada #EdmontonConstruction

• 145 views
• 0 Comment