Getting quotes from potential contractors can be exciting and a bit nerve-racking. But this initial stage is crucial in determining which general contractor is the best fit for your project and how much it'll cost. Aim to get at least three quotes for your home improvement or remodeling project.
How many contractor quotes should I get?
How Many Estimates Do You Need? Many people say you shouldn't undertake any type of home improvement project until you've gathered three estimates. The reality is that you should get as many estimates as you need to make an informed decision you can feel good about.
Can a contractor charge more than the quote?
However, any increase in price should generally stay within 10 to 15% of that new final cost. You may get an estimate in writing that states the contractor will not go above a certain percentage to make it safer. In contrast, a quote specifies the precise cost of a job.
How long should estimates be good for?
Most quotes are only good for one month. This can change based on who offered the quote and what that company's policies are. If it has been more than one month since a quote was issued, verify that it is still valid with the company before moving forward. In some cases, it may be honored.
What is the most expensive part of a remodel?
The most expensive rooms to remodel in a home are the kitchen, bathroom, and basement or other such entertainment spaces.
How do you calculate the cost of a home renovation?
$100-300 per square foot
One way to create a rough budget for a whole home remodel in Los Angeles is to separate it into its major components. You start with the most expensive parts, which are likely the kitchen and bathrooms, assuming these are all included in the remodel.