The residential construction sector in PEI has been booming the past several years, with no signs of slowing down. With an increasing population, coupled with the expected number of newcomers to arrive to PEI by 2030, it is expected that the province will need 2,000 net new housing unit starts per year to keep up with the population growth.
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According to the Canada Mortgage and Housing Corporation, there were over 1,300 new housing starts on Prince Edward Island in 2022, an increase of about 60 units compared to 2021. This can be attributable to new home construction in Charlottetown, Summerside, Stratford, Cornwall, as well as throughout the entire Province.
It is estimated that there are upwards of 9,000 people working in the construction industry in PEI with many companies seeking to hire more employees.
With the construction sector booming, you may have to wait a little longer than you had hoped to find a good construction company in PEI.
If you are looking for one of the best Carpenters or construction companies in PEI to build your home or renovate your kitchen, bathroom or basement, we have a few suggestions before you begin contacting companies:
- Explore the PEI market. Seek quotes from at least two or three companies and compare what each has to offer;
- Be sure to ask for the company’s accreditation – are they Red Seal Certified? Are they bonded? For how long have they been in business?
- Read reviews about the company, including reviews on ToolBoxExperts – what do people like the most about the services they provided?
- If you are undertaking a specific renovation in PEI – such as installing a new egress window or outside deck – ask the PEI general contractor how much experience they have in this particular area and if it is something they can complete in a timely manner?
If you are planning a basement renovation in PEI, be sure to check out the below video on helpful tips to help you plan your renovation.
Basement Renovation Tips:
In addition to the basement renovation tips, below are a few more videos that may be useful to watch if you are planning to build or renovate in PEI.
How to Renovate Your Home on a Budget:
How to Budget for a Bathroom Renovation:
The process of installing an egress window in a basement:
Make sure to check out our article for “Hiring your Next Service Provider – Tips for Success” for some more helpful tips on hiring PEI general contractors.
Ready to begin your general contractors PEI search?
Contact one of our preferred service providers below below:
Or view our complete list of local PEI carpenters and general contractors in Charlottetown, Summerside, Stratford and Cornwall and more for all your residential and commercial construction needs. If you’ve used one of these Island companies before, make sure to leave a review to help others find the best general contractors on PEI. After your job is done leave a review on their listing about the service you received.
General contractors listed on ToolBoxExperts cover everything from new custom homes to whole home renovations and also offer more specific services, such as bathroom and kitchen renovations, installing windows and shingles, to name a few.