1. Do your homework first

Research is the key to getting what you want. Review magazines and books to get an idea of the look you want. Visit friends, family members and colleagues who have renovated recently. Display homes can also provide excellent ideas. Consider your lifestyle and the needs of your family, both in the short and long term.

2. Determine what you can afford

Once you decide the kind of renovation that you would like to undertake, it is time to work out how you are going to pay for it. If you are thinking about using outside funds, discuss your borrowing needs and options with your lender. Going for a renovation loan pre-approval will help you in this regard.

3. Only use a professional renovator

For appropriate service and high-quality results, hire a professional renovator. Ask family and friends for recommendations.

4. Work out a contract

Don't automatically take the lowest bid, unless you are certain that the renovator has properly understood what you want. Sometimes low bids turn out to be the most expensive in the end. If you accept the renovator's offer, it's time to write up the contract. Even the simplest of jobs should be outlined in writing because the contract is the basis of understanding between you and your renovator. Before signing a contract, read it carefully.

5. Plan how you will live during the renovation

Careful planning can greatly minimize inconvenience of living in the midst of a renovation. Talk to your renovator about the schedule of work to be done and how your daily routine might be affected. For instance, will the water be turned off for any length of time? Do you need to set up a temporary kitchen elsewhere in the home? Can major work be done in stages so you always have some liveable space? Discuss your expectations of the work crew and determine the work environment. The crew needs access to washroom facilities, telephones, water and electricity. Decide which areas of your home are off limits. It is a good idea to let your neighbours know that you are going to be renovating. Show them your plans and explain how long the work will be going on.

6. Establish a good working relationship with your renovator

Renovators and homeowners agree that a good working relationship is a vital ingredient in successful renovation projects. Mutual trust is essential. Keep lines of communication open at all times. Expect a brief report on the progress of your job at regular intervals, perhaps every evening. Be available to make decisions when they are needed so work is not held up, perhaps costing you more money. Don't hesitate to bring your concerns to the attention of the renovator.

7. Your first impression is usually the right one

Once work is underway, changes should be kept to a minimum. The details of your project, described in the contract, down to the finishing touches, form the basis of both the price and the schedule of your job. Changes could affect both significantly.

8. Enjoy

Research, good planning, a professional work crew and open communication and trust -- a recipe for a home renovation that you will enjoy for years to come!