There is absolutely no doubt about it, the most frightening aspect of remodeling is the cost. What initially seems like a small, inexpensive job to the untrained eye quickly becomes a big deal and very expensive. If you have some idea of how contractors come to their estimates and what is factored in, it might help you better understand the remodeling costs. While you still might not love the bottom line, you’ll at least be able to appreciate why it’s there. As you work on getting estimates for your job, keep these aspects of the estimate in mind.
One of the most commonly questioned parts of the remodeling costs estimate has to be the material estimate. Looking at an itemized estimate can leave you wondering why anyone would need to spend that much in nails. When calculating the material portion of an estimate variables like price index, dimensions needed, and the contractor’s markup are part of the final number. You can also expect the regional pricing and type of materials to be used to have an impact as well.
The other really large portion of the estimate is going to have to do with labor. Its might come as shock, but it usually isn’t cheap to hire people who know what they are doing. Take buying a cake for a birthday party for example. The standard decorated ¼ sheet cake costs about $15.99. The actual ingredients costs are probably only about $4. That means you are paying $11.99 for the decorator’s time and skill. Construction and remodeling professionals expect to be paid for the experience and knowledge they bring to the table as well.
Other things like the cost of a building permit can cause your remodeling costs to increase as well. Once you take the time to look over your itemized estimate, it doesn’t generally take too long for you to figure out where each dollar is slotted to go.
This article was written by Gregg Hicks of http://www.reliableremodeler.com which provides Internet-based home improvement information and services. Offering homeowners a simple, quick, and free way to access, qualified home improvement remodeling contractors.
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