Estimating & Appraising
Pricing Remodeling Jobs Right
Source: Remodeling Magazine
On a good day, pricing is difficult to master - part art, part science. An economic downturn can throw more than a wrench into the works. Take a recent Money magazine article, "Home Renovations on Sale," which suggests that the tight market for jobs and lower prices on many building materials make it a good time for consumers to negotiate better prices with remodelers. "Overall," writes Donna Rosato, "experts say you can expect to save at least 10% on the cost of renovation and possibly a lot more depending on where you live and the project you choose."
This added pressure on remodelers - along with lack of knowledge of estimating, job costing, and markup - can lead to fatal mistakes.
