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I’m trying to quote more accurately; to anticipate as much as I can. The project at hand is a handicapped renovation of an 8′ square bathroom in an old house (structurally sound). The plan is to gut the room, and add a 3X3 transfer shower, wall-hung lav, and elevated toilet, tile floor – some tricky framing to use existing door and window openings. I’m coming up with about $11 K for high-quality work (119 hours at $35, including 15% profit, 20% overhead)in my Excel spreadsheet (attached). This seems high, but the figures are there. I’m sure the woman would pay, but I’d like to feel I’m competitive.
Anyone have any feedback on this? Thanks for all the paint stripping (off board ceilings) info – I’ve taken it to the client.
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Forrest, congrats on not working for free. This is not a profitable job. Anything goes wrong...and you lose. I, personally, price these (hassel jobs), high...just so that I don't have to deal with them. It is almost like gambling. They take just as much planning, you still have to depend on the suppliers, and plumber, and pricing the fixtures etc...takes time. Probably the same amount of organization required as would be for a 20x20 addition, but you have to work clean.
Don't feel guilty....Profit is a good thing...it means you will be around next year.
L
*I don't have much experience at this, but I think you certainly are not high. As I look over the spreadsheet, each item seems reasonable, but I've learned that if it sounds reasonable, it isn't enough (I'm a cheap bastard). I think you come out a bit low. If you change it, raise it.Rich Beckman
*Hey, you got the same post in the Business section. Don't forget to look over there for replies, too.
*Yup. Its a quote alright.Next !