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[quote=Anonymous]Can someone explain why a bid for a renovation (adding sunroom/mudroom, adding 2 bathrooms and doing a pull and replace on 1 bathroom, adding casework in living room and family room, total overhaul of electric system, HVAC replacement, replacing all windows, and upgrading all hardware in the house) would be 100k more than another bid.  The contractor I prefer bid the job at 500K and the lowest bid was 400K.  When I asked the preferred contractor about it, he said that the lower bid likely underestimated the full scope of the work and was willing to cut corners (for example, lower bid used lower quality insulation in the attic and didn't do a full replacement of all pipes in the bathrooms).  I'd really like to use the contractor with the more expensive bid and we can afford to spend 500K on the renovation, but I don't want to burn 100K if this is just a load of BS and there is absolutely no benefit to using the more expensive products.  FWIW, I we are living in our forever home and this renovation will fix every issue in our house that I don't like.  Our house is worth 1.5M or so now and is in NWDC.  After the renovation, I think the house would be worth more like 1.8, which is probably the cap on our home's value given the .2 acre lot size.  [/quote]

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