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Real Estate
Reply to "cost of renovation - MD 'burbs"
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[quote=Anonymous]The yellow sign isn't the permit, those have to be posted in a window/door. I have noticed that prices have gone up 20-25% in the past 18 months for major renovations...between 2009 and 2011 most contractors were just trying to stay busy, even if it meant a low profit margin. Now there are more projects and less labor (a lot of it has moved back south), so costs are higher for major renos. So a lot of $250k renovations are in the $300-$350k ballpark now. My suggestion to those looking for this size project - find a good architect (get references from homes you like in your area), and work with them on budget and finding the right contractor. Some are good carpenters, some are good at coordinating multiple different sub-projects within one project, some are better at the woodwork required of arts and crafts homes, some might be better masons, etc. And in the end, it's not about the lowest bid, but the lowest bid from a contractor you trust and who can get the job done on time and budget.[/quote]
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