Reply to Renovation cost- too high or about right

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[quote=Anonymous][quote=Anonymous]OP-  have you signed a contract with this firm or they are just giving you an estimate of costs? The challenge with deign build (at least when we spoke with them) is they won’t give you any detailed estimate until they do the design, which you have to pay for. I am guessing they are just estimating the cost. If your house is 2100 sq ft and they assume $200/sq for Reno cost, that puts you at $420k and possibly they added in fees for permitting and structural engineers, etc. In reality, the actual estimate could be lower, depending on how much of the work is floor space v walls or bedrooms v bathroom/kitchen. But if you haven’t signed a contract, I would assume they are making assumptions about high end finishes and worst case scenario discoveries.[/quote]

PP that is what we thought, but how are we supposed to shop around if to get a solid quote we have to pay 2.5K? Also it takes time for that kind of project analysis...hence it is likely we are getting over the market price after all and wasting the time . Have you thought about splitting the job into parts. It is much easier to get a quote for say knocking down the wall or kitchen remodeling but separately [/quote]

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