Reply to Renovation cost- too high or about right

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[quote=Anonymous][quote=Anonymous]Hi- we just got a bid from a design build firm for a renovation of our home and are in absolute shock. Here’s what we are doing:
-gutting the house down to the studs on the first and second floor
-replumbing, upgrading electrical, installing hvac,
- adding a powder room on the first floor, a second bath on the second floor
-gutting kitchen
-adding laundry room to the first floor
- replacing floors that cannot be salvaged refinishing the wooden floors so they match
We are not: finishing our basement or changing the existing footprint of the house, or touching the exterior.

We were not prepared for the number they suggested-$599k. The structural elements before any fixtures or cabinets alone was $475k. [b]The SOW did not include a price breakdown of any of these items, just a grand total at the end. Is that normal? [/b][/quote]

The bolded is not normal: they should be able to break it down.  
The price seems really high, but I've heard that construction prices are through the roof right now due to high demand and scarcity of some material.  Can you delay your project a little bit?  I'm also planning a renovation and hoping things will normalize.[/quote]

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