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$$ Remodeling Costs

Huck | Posted in Business on September 17, 2007 12:24pm

I pulled this from an unnamed internet website.  Won’t even tell you where they’re located, other than to say its a major metropolitan city.  Anyway, I found it interesting that they posted these prices right there on their website.  Probably filters out some of the tire kickers and bargain hunters, I guess.

Prices

Preliminary sketches…………………$ 500   –      $ 1,500

Plans & Permits…………………. 10 %  of the project cost

Kitchen remodeling …………………..$ 30,000  –  $ 45,000

Kitchen gut & upgrade ……………..$ 50,000  –  $ 85,000

Bathroom remodel……………………$ 15,000  –  $ 30,000

Bathroom gut & upgrade…………..$ 35,000  –  $ 60,000

Basement remodel………………….$ 50,000  –  $ 150,000

Basement underpin & remodel….$ 150,000 –  $ 275,000

Whole house remodel …………….$ 200,000 –  $ 500,000

Additions……………………………….$ 125,000 –  $ 350,000

Prices include Labor Materials Plans & permits.

These prices reflect average costs, but are not by any means final.  Costs will vary based upon scope of work, materials and finishes chosen, jobsite issues,
and an infinite number of other possibilities.

“Good work costs much more than poor imitation or factory product†– Charles Greene

www.bakersfieldremodel.com

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Replies

  1. MSA1 | Sep 17, 2007 12:31am | #1

    If you're in California, I think those prices are right. They're a little high for Michigan. I think its a good idea to list those. I sometimes give broad estimates like that just to see how hard I have to work on my estimate. If they balk, I know they're not too serious. If that doesnt scare them then I know I have a good chance at two weeks worth of work.

    We've done almost all bathrooms this year so i've gotten pretty good at estimating them. This allows me to give a good "shoot from the hip" price (something I usually dont like doing).

    1. User avater
      Huck | Sep 17, 2007 12:38am | #2

      I'm in California, but an economically depressed part, compared to the rest of So. Cal. - so those prices probably wouldn't fly here.  At any rate, the prices are from a website for a contractor far from California.  But I've contemplated throwing preliminary ballpark numbers out, like they did, just because so many people who call me have no idea what things cost.  I do their homework, and they thank me by saying That's too much get lost. 

      “Good work costs much more than poor imitation or factory product” – Charles Greene

      http://www.bakersfieldremodel.com

      1. MSA1 | Sep 17, 2007 12:53am | #3

        I agree. Now estimates are free. You want a quote its gonna cost you. I've literally spent 8 hrs on an estimate only to have the HO turn it down.

        Now they get a good ballpark, and we go from there.

        1. WoodShopGuy | Sep 21, 2007 05:07am | #9

          When I was younger and dumber I got sucked into the free written estimate ploy. It usually ended up that they used my written estimate to get insurance money, and then hired someone to do it for less. Charging at least $100 for a written estimate (credited if they hired me of course)was the best way to get rid of that waste of time, and I certainly didn't loose any legitimate business.

          1. MSA1 | Sep 21, 2007 11:28pm | #10

            To quote Piffin, why would you refund the estimate cost if you got the job? You still spent the time writing the estimate which meant you werent doing something else (work or otherwise).

          2. Rebeccah | Sep 21, 2007 11:39pm | #11

            As a marketing device. Price the work to cover the cost of writing the estimate.Rebeccah

          3. User avater
            SamT | Sep 22, 2007 03:56am | #12

            It's not a refund. Better to credit it towards the job. Then you could immediately apply it towards the cost of the estimate, which is built in to the estimate.SamT

          4. WoodShopGuy | Sep 23, 2007 12:25am | #13

            As SamT said . . . .

      2. User avater
        BillHartmann | Sep 17, 2007 12:55am | #4

        Google found the one that posted.Also found this one for example.Improvement
        Average Cost
        Return PercentageBathroom addition
        $12,000–45,000
        50–200%Bathroom remodel
        $5,000–20,000
        70-75%Basement remodel
        $15,000–45,000
        70-125%Garage addition
        $16,000–20,000
        50–60%Interior facelift
        $2,000–10,000
        70-85%Kitchen remodel (facelift)
        $10,000–20,000
        75-90%Kitchen remodel (major)
        $20,000–50,000
        60–110%Landscaping
        $8,000–20,000
        50-65%Roof replacement
        $8,000–22,000
        50-60%Room addition
        $22,000–80,000
        60-80%Siding
        $9,000–30,000
        60–70%Door/window replacement
        $4,000–20,000
        55–75%.
        .
        A-holes. Hey every group has to have one. And I have been elected to be the one. I should make that my tagline.

  2. Piffin | Sep 17, 2007 01:17am | #5

    I think there is a misprint on the whole house remo

    unless they are focusing on small houses.

     

     

    Welcome to the
    Taunton University of
    Knowledge FHB Campus at Breaktime.
     where ...
    Excellence is its own reward!

  3. Oak River Mike | Sep 17, 2007 02:21am | #6

    Those are high numbers for Florida but I guess its all relative as if we told folks an addition was between $125k - 300k, there would be silence on the phone and then the click of the dial tone.

    In my experience, its really hard to put an across the board price on anything until you see it.

  4. User avater
    EricPaulson | Sep 17, 2007 04:11am | #7

    Basement underpin & remodel....$ 150,000 -  $ 275,000

    Let me guess.......someplace with clay soil?

    [email protected]

     

     

     

     

  5. User avater
    shelternerd | Sep 17, 2007 05:05am | #8

    I have a good friend who posts prices on his web site and stays quite busy. You really need to look at his http://www.buildsense.com website to get a sense of how much info he puts out there but it certainly hasn't hurt his business. Of course he has the systems, product, and satisfied clients to back it up.

    here is an excerpt from his website.

    I'm not ready to follow his example on my website but I salute his cojones.

    M

    WHAT BUILDINGS COST -- BUILDSENSE, INC.
    EXAMPLE ONE: CUSTOM SITE BUILT HOME ON A RURAL 12 ACRE SITE
    3,200 SQUARE FEET OF CONDITIONED SPACE
    UNFINISHED BASEMENT
    GENEROUS PORCHES
    HARDWOOD FLOORS THROUGHOUT
    GOOD FINISHES AND FIXTURES
    EXCELLENT WINDOWS, PROPERLY SHADED AND ORIENTED
    2X6 FRAME CONSTRUCTION WITH OPEN CELL FOAM INSULATION
    ULTRA ENERGY EFFICIENT GEO-THERMAL HEATING & COOLING SYSTEM
    MINOR ENGINEERING SERVICES REQUIRED
    OWNER'S PLAN TO DESIGN AND INSTALL THEIR OWN LANDSCAPING
    OWNER'S ARE LOOKING FOR INTERIOR DESIGN HELP
    $145 COST PER SQUARE FOOT (FROM COMPARABLE PROJECTS)
    CONSTRUCTION COSTS
    CONDITIONED SPACE 3,200
    1/2 VALUE FOR CALCULATIONS:
    GARAGE 600 300
    BASEMENT 1100 550
    PORCHES 500 250
    DECKS
    CARPORT
    HOUSE AREA 4,300
    CONSTRUCTION COST SUB-TOTAL $623,500
    DEVELOPMENT COSTS
    WELL $4,000
    SEPTIC SYSTEM $7,000
    SEWER TAP
    WATER TAP
    IMPACT FEES
    DRIVEWAY $9,000
    LANDSCAPING
    WALKS $2,500
    FENCING $3,000
    OTHER
    SUB-TOTAL $25,500
    DESIGN AND ENGINEERING FEES
    BUILDING / SITE DESIGN $43,645
    ENGINEERING $3,000
    LANDSCAPE DESIGN
    INTERIOR DESIGN $3,000
    $49,645
    TOTAL PROJECT COST $698,645

    ------------------

    "You cannot work hard enough to make up for a sloppy estimate."

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