Anonymous wrote:You should knock down and rebuild. I’m serious. I mean is your basement tall enough? So many things you can change with a rebuild.
Anonymous wrote: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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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. The SOW did not include a price breakdown of any of these items, just a grand total at the end. Is that normal?
Why did you buy a house that was in such bad shape? Did you get a major discount for the poor condition? Unless you bought it for way under market due to conditions, it’s hard to see how that reno makes financial sense.
Just want to say that this is a very irritating, presumptuous, unhelpful, and rude post.
Truth hurts?
Anonymous wrote:You should knock down and rebuild. I’m serious. I mean is your basement tall enough? So many things you can change with a rebuild.
Anonymous wrote:Anonymous wrote:We are in a similar situation. Got the estimate in a range though 380-480K , for the detailed split with the plans, the contractor asked 2.5K.
$2500 to justify the estimate??? Or would that include drawings?
Anonymous wrote:We are in a similar situation. Got the estimate in a range though 380-480K , for the detailed split with the plans, the contractor asked 2.5K.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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. The SOW did not include a price breakdown of any of these items, just a grand total at the end. Is that normal?
Why did you buy a house that was in such bad shape? Did you get a major discount for the poor condition? Unless you bought it for way under market due to conditions, it’s hard to see how that reno makes financial sense.
Just want to say that this is a very irritating, presumptuous, unhelpful, and rude post.