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Reply to "Cost to build on owned lot in Arlington "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We just renovated a house in Arlington. We spent $480K. House was 2000 sq ft. Needed almost everything. New roof, new windows, new HVAC, mostly new floors, all new appliances, all new bathrooms & kitchen, driveway, significant yard work. Repainted outside. Repainted inside. [b]Our contractor has better prices than most because he doesn't charge margin[/b]. Project took about 5 months.[/quote] Huh? Your contractor is working for free? [/quote] Of course not. We paid him a fee to PM the project. But it was a fixed fee. And then everything else cost what it cost, not cost + 33% of whatever most builders charge (which is what margin is). So if we spent $20K on kitchen cabinets we only paid $20K for the kitchen cabinets. Most builders mark everything up.[/quote] There's a difference between project managing and being a general contractor. [/quote]
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