One of the biggest unknowns for many homeowners, as repair costs to appreciate at home. Depending on who writes the estimate, can be confusing and very difficult to understand exactly what is included and what is the actual amount of money that is needed to to pay. I can not teach it, on one side by a professional valuer. It takes years of experience and is a constant learning process. My goal is to offer, through a basic understanding of the methodsEstimators in determining cost. It all starts with the crowd. How much of a certain product or service you need?
Breaking down measures repair costs
Most things in the building are measured in linear feet, square meters and square feet. Many of you may already know this.If so feel free to skip. But, I am starting from the beginning for those who may be completely unfamiliar with these concepts. Meter is the easiest. If you dragHer band from one end of a straight wall to the other and measure: 10 ft 6 in, then you have 10'6 "linear feet of finished wall using carpenters cut meters to measure, baseboards, cabinets and example.. If you were remodeling the kitchen and replacement of cabinets, we measure the length of each enclosure to determine that at least 18 m (LF) and 22 units of the minor (left) wall of need.
Go to the next type of action I'm talking aboutis square. This is probably the measure most commonly used in construction and is simple enough. Basically, two separate measurements were multiplied. If you wanted to find the square footage of a floor in the bedroom, for example, one could multiply the width by the length of the room. If the room is 12 feet wide and 15 m Length: 15?12 = 180 square meters. If you need the square footage of a wall in a room, you would simply multiply length x height. Square foot measurements are used toMost of the home repairs, including painting, drywall flooring, countertops, and many others. Square is another measure used in cost estimating, primarily for the carpet and other floor coverings. To find the square footage of a territory, you can divide the square footage by 9. So, if a room 10 feet x 9 feet (90 m) was divided by 9 and you have 10 square feet. Measure for carpet is a bit "more difficult to find the square yardage of a room. For more information about this check out ourFlooring page.
Defining the scope of work for home repairs
Now that we are the process of measuring a bit to understand better, do not go to the budget preparation. It all starts with the scope of work. Let's say we go to renovate the kitchen. Make an entry that lists all the repairs at home.
Replace cabinets lf-18 lower, 22 higher lf
Painting walls and ceiling ceiling sf-192, 240 sf walls,
Removing linoleum flooring-156 sf
Installing CeramicTile floor-156 sf
Installing Granite Top-36 sf
Installing Ceramic Tile Back Splash-27 sf
Install (6) in the recessed ceiling light
Install new devices Built-in double oven, hob, extractor hood, dishwasher
Install new sink and faucet
Cabinet Stain and Finish
Building cost estimates
The simplest method for determining the cost of the project is that general contractors provide the entire project. Try to give at least three GC alignRelying on the project. Schedule appointment times for each of them differently. You do not want them all together, but casually say that you expect other offers. Hopefully it will make them competitive. The following suggestions may be helpful in the interview process.
If you have questions or their contribution to the project as you prepare a list and use it with all bidders. We do this to ensure that the process is the same.
Decide on a time frame of when itthan their estimate. (Range one week to 10 days should). This will show you something about their ability to do things quickly and meet deadlines.
If you want to contact the contractor for all labor and material costs in their bids, you need to get certain things like appliances and flooring to ensure the desired quality. An expert technician to these questions just ask.
Ask them to include the expected time (number of days or weeks)it will take to complete the project.
Tell them you will see a list of subcontractors that must be used. (To check it and to preserve lien to make clear that they were paid).
After completion of the interview process, you sit back and wait for offers. If you get it, they compare closely to ensure that they are equal. Look for exceptions or exclusions in the small print. Some people can omit elements that were within your reach. This may be OK, onlyknow in advance. If you are satisfied with the number of bids received, the cost estimates you believe, you choose fits best and go forward. If you do not get the best deals, read on and you will be advised how to determine whether prices are fair to see.
If you want the contract, you have to price each phase of the work and everything together, to build an estimate of repair costs in your home. We can start with the areas of workPlanning to get it to go alone. Perhaps your goal is to paint or stain the cabinets. In this case, the cost of materials and only the new tools could be needed. If the list of the material, not to forget the little misc. Items you need. In painting, as well as the painting itself, do not forget, caulking, stucco, paint thinner and plastic flooring and furniture covering. These objects are cheap, but it adds up. After estimating the cost of the material is a good idea to addabout 10% caused a state of emergency for error or unexpected problems (there's always something). Make a row for each phase of the work you plan to do for themselves.
Now we are ready for offers diving for the rest of the repair cost of the house. Finding the right contractor is key to a smooth, organized project. All it takes is one bad, to ruin it for everyone. Appointments with the U-boats for every phase of work. It's a good idea to schedule appointments withvarious trades while a feedback on the things that have to do for another trade can occur. For example, the plumber or electrician, you may need to reposition the pipes or cables before installing the new cabinet carpenter again. But usually, you are not planning sub of the same trade at the same time. You need to get a feel for each individual, a race in progress. Give each bidder a copy of your entire scope of work, so that they know in advance the circumstances under which you are working with. He canRaise questions that have not thought of. Make it clear whether material or equipment, such as household appliances and lighting intend to fulfill.
If you want the sub to give everything you want to include a check or ask. An allowance is an amount of money it has determined for a particular item. For example, if you have a check for $ 200 for a ceiling fan, this amount could be in the contract be canceled. Once I decide that you really want the fansis $ 329. He has recorded the $ 129 to the contractor. If it is not, you will receive a credit. This is a great way to get estimates, but I would always recommend that you select what you want and to ensure the contractor is not leaving, you get the value for which you pay for. If you have a check, you may be able to play some money from the search for ways to save or used items. Upon receipt of all your bids sub, make selections, and combine the offers diversPrices of the articles online for the things you do yourself and the entire are will be the final cost of repairs for your home. It's a good idea, then add 5-10% contingency. Usually there are unexpected things that arise. If not, then you still have the money, but if you have more expenses, you will have planned it.
Home Repair Cost Control
The last thing I want to discuss the cost of repairs at home, how to determine if youa fair price. The easiest way is to have several offers in the preparation of cost estimates. If you follow these 4 Price:
$ 31,000, $ 22,000, $ 19,500, $ 17,900
It's pretty clear that the market price should be in the $ 18,000 ? $ 22,000 range from $ 31,000 and the price is high. However, it may be able to 4 offers. You can only get 1.If you were not enough, offered an estimate of repair costs in your home that you feel comfortable with writing, you can get a little "Research with estimation procedures that we have already discussed. Use the video and measures to make a few phone calls or visit hardware stores to control prices. For example: You need 156 sf of ceramic tile. Call several contractors, tile and ask what they charge to install sf floor (only work). After several calls to determine that the price of labor will be about $ 3 per sf. You know from your previous purchase, that your tile is $ 6 for: sf and miscMaterials are $ 0.50 per SF, you can use the following formula helps to control costs:
The work materials $ 3.00 $ 6.50
Asking Price $ 9.50 x 156 =% 2B sf sf $ 1,482.00 20% of O & P Total Price = $ 296.40 = $ 1,778.40
The addition of 20-30% for overhead and profit is not unreasonable, but if your small business, not be necessary. If you are an offer for $ 3500, is likely to get high.This process can interact with many of the elements of the estimate of the costs that are assessed on the basis of films usedMeasurements. It is not an exact science, but it can help you know if your would be very small projects in the ball park, the exception. If all your doing is a small bathroom, contractors are not likely to make an offer because they do not earn money this way. It is really impossible, the costs of certain services, including estimation: plumbing, electrical and air conditioning. The only option, even for professional evaluators is to use multiple offers. Spend the extra time if necessary. Willworthwhile.
Let me close this topic and offers some advice I learned the hard way.
The estimated cost of the cheapest is not always the best. If you have three prizes and one is half the height of the lowest neighbor, be careful. They may have lost something, or maybe just do not know what they are doing. It is tempting, even for experienced entrepreneurs. But if the sub-or GC offered under the project and can not get to the end, you have a big problem. I'm on both sidesthis, and it turns out well for both sides.
Don t lie to. If You will not get your quotes and your research done and the cost estimate presented as a project of $ 20,000, but you have only $ 15,000, is still a $ 20,000 project. You go do not think there is a way to save $ 5,000. You may end up with the house no longer be drawn. Take something to wait a while 'until you have the necessary resources.
Finally, make sure that the price is up to date, some services andMaterials can be very different for several reasons. If there are several months since you made your budget, check with the suppliers and contractors to ensure that prices are still good.
We hope that your armed with some knowledge 'and more ammunition for the preparation of budget. Proceed with caution and good luck!
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