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Old 09-10-2009, 10:51 PM   #1
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Pricing a job help

Hello everyone!
I'm having a little bit of trouble trying to figure out how much i should charge to build a basic storage shed (10x12 flat roof) for my brothers friend. I figure that once i get a price on materials i would take 60 percent of that and add it as a labor charge. For example if materials cost $1,000 I would charge $1,600 for the job. Is this a good price? I'm not exactly sure how i should price it but I guess this is good. Any ideas?


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Old 09-10-2009, 11:04 PM   #2
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It's not hard. Sit down and go through the job, step-by-step, figuring how long it will take you. Miss NOTHING.

Now, how much money do you want for that time spent... considering you have to pay your own taxes, worker's comp, liability insurance, license fees, permits, material delivery, vehicle wear and tear, gasoline, vehicle insurance, and inspection fees (if any)?

I think you'll find you're figuring a bit low.


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Old 09-10-2009, 11:52 PM   #3
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You can't use a percentage of materials - you have to estimate the time it will take you to do the job, and then calculate based on what you feel your time is worth.
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Old 09-11-2009, 06:42 AM   #4
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For a quick idea.... building one yourself will cost more than buying one if you apply any dollar value to your time. These are built with jigs to be mass produced very quickly and cheaply and materials costs less since they are buying in bulk.
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Old 09-11-2009, 08:29 AM   #5
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This site is geared towards DIY, not cost estimates
Thank you
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