Builders original price cost worksheet vs current
two_know_her
14 years ago
Featured Answer
Sort by:Oldest
Comments (15)
macv
14 years agojmagill_zn4
14 years agoRelated Discussions
Is it rude to ask builder to disclose costs/profit?
Comments (40)The first thing that came to mind as I read the responses from folks who said they were told their builder's O/A and profit was that they only got what the builder typically gives out for public consumption. The second thought I had was how on earth does a consumer compare the quality of work, schedule maintenance and ease of communication between contractors who quote a "fee" (whatever that means) of 8%-15%-20% or whatever? Is the "fee" the overhead/administration, the profit, both or none of the above? Sorry to say but none of these numbers really mean very much in the grander scheme of things for consumers. What (should) matter to an owner is the quality of the work, how long it takes for occupancy, if the builder can carry on a resonable conversation using simple declarative sentences, and the bottom-line expense to be able to move in and occupy the completed house. And appraisals (for financing and insurance) are often in another world entirely unrelated to construction costs which is called "comparable sales" by appraisers/real estate agends and the most boggling phrase of all "replacement cost" by insurance reps. It's natural enough to wonder and even ask about builder's O/A and profit. Just don't think you're going to get a useful number. Just my experience....See MorePurchasing materials... Builder vs. homeowner
Comments (54)"For example, it doesn't cost more to install a $12,000 Viking range as opposed to a $1,000 lower end model." Yes it does cost more to install a $12,000 stove. The gas lines and electric lines are routinely larger for the 'pro style' stoves. A low end model will run on a 'standard' capacity circuit and likely not need more than a 3/4 inch gas line. If you have ANy problems with the installed equipment do not expect support from the builder/installer. ANY problems WILL be caused by the equipment. 'Time and Materials' sounds good until you see how much time can get wasted running up the bill. 'Fixed Cost' can be made to work, but expect EVERY change to be more $$....See MoreReproductions vs originals dilemma
Comments (11)Guys thank you very much for your responses. I was away to a business trip and did not have the time to respond promptly but your advices are very helpful and educational. I would like to respond to each one of you individually. To pauldowns I see your point; first it depends on the use of each item and if is something is used often or not, so one spends accordingly; but also I understand that each product especially modern furniture, eventually come from a factory; either that is Italy or China. Helpful advice thanks To mogator 88. Great comparison parallels, I guess it all boils down to what one can spend for furniture. To western pa luann. There are many items I am interested from both sites but few items that both have are the following: Womb chair+ottoman, barcelona chairs cowhide, barcelona daybed cowhide,swan chair leather,some of their beds and sofas(looking at least one bed and one sofa three seater)So To dcollie,patty cakes and kabir thank you for the information on reproductions vs knock offs. I did not know the difference of the two words. I did not decide yet with which furniture store I will go with or both in that matter, for selected items, but I definitely look forward in further discussion , especially with people that had experience with any of the companies above . Thanks to everybody...See MoreSpending on improvements vs. current economy
Comments (30)I have the same pit-in-the-stomach anxiety. We bought an old farmhouse last December and have been fixing it up with the intention of moving in. We paid cash for the house, but have already sunk about $73,000 into "improvements" including a modest master suite addition, new foundation piers, and a wrap-around porch. The remodeling so far has drained a significant portion of our ready savings and yet little work has been done to the interior. I am extremely nervous about the craziness in Wall Street and the economy in general, and am thinking DH and I need to hold tight and don't take on any more financial liabilities so the house may sit vacant for a while. I do like to garden, however, so have planted a considerable number of trees, shrubs and perennials around the house, which makes me feel better when we go over there and makes the house look better as well and overall wasn't very expensive because we did all the planting ourselves. I am good at delayed gratification and can wait until the time is right (if ever) to spend money on something. Like Chelone, I always pay more on my monthly mortgage payment on our current little house and last year at Christmas I paid an additional $1000. I don't like debt and don't have any, other than a mortgage. I think this is a good time to differentiate between needs and wants. As other posters have said, listen carefully to that inner voice. That is your intuition speaking....See Moresrercrcr
14 years agomacv
14 years agophillipeh
14 years agorobin0919
14 years agocreek_side
14 years agomacv
14 years agophillipeh
14 years agosue36
14 years agomacv
14 years agotwo_know_her
14 years agomacv
14 years agotwo_know_her
14 years ago
Related Stories
REMODELING GUIDESOriginal Home Details: What to Keep, What to Cast Off
Renovate an older home without regrets with this insight on the details worth preserving
Full StoryHOUZZ TOURSMy Houzz: Original Drawings Guide a Midcentury Gem's Reinvention
Architect's spec book in hand, a Washington couple lovingly re-creates their midcentury home with handmade furniture and thoughtful details
Full StoryGREAT HOME PROJECTSHow to Replaster (or Remodel) Your Pool
Have an old pool? It could be time to update the plaster, landscaping and more for a pool that works swimmingly with your current style
Full StoryREMODELING GUIDESHome Building: The Case for Cautious Optimism
Ben Bernanke's speech at the 2012 International Builders Show: Gray clouds and silver lining
Full StoryGREEN BUILDINGZero Net Energy: A Hardworking-House Term to Know
Homes that consume only as much energy as they produce by renewable means are a goal for builders. Learn what ZNE means for you
Full StoryCONTRACTOR TIPSLearn the Lingo of Construction Project Costs
Estimates, bids, ballparks. Know the options and how they’re calculated to get the most accurate project price possible
Full StoryGARDENING AND LANDSCAPINGChoosing a Deck: Plastic or Wood?
Get the pros and cons of wood, plastic, composite and more decking materials, plus a basic price comparison
Full StoryWORKING WITH PROSWhat to Know About Working With a Custom Cabinetmaker
Learn the benefits of going custom, along with possible projects, cabinetmakers’ pricing structures and more
Full StoryDIY PROJECTSReinvent It: Salvage Savvy Keeps an Urban-Farmhouse Bath on Budget
See how resourceful shopping and repurposing gave a homeowner the new bathroom she wanted at the right price
Full StoryKITCHEN DESIGNKitchen Sinks: Stainless Steel Shines for Affordability and Strength
Look to a stainless steel sink for durability and sleek aesthetics at a budget-minded price
Full Story
two_know_herOriginal Author