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Old 03-26-2011, 07:06 PM   #1
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Thoughts around basement renovation quote


Hi,

After getting terrified with a $36,000 quote for renovating the basement - 390 sq ft, I need to get your opinion on the new quote. THis does not include plumbing, or tiles, toilet, doors, sink, faucets. The cost is about $50/sq ft.

Size - 390 sq ft.
1 bedroom - 10x10
1 - 2 piece washroom
install drywall, insulation,
no finishing
there are 3 doors - 1 bedroom, 1 washeroom, 1 in the furnace area which iwill be closed off.
There is no moving walls, or pipes (which is plumbing).
building materials are provided.

I think the price is very expensive given that it is a very straight forward job. The basement is bare right now, so there is no behind the walls surprises. There is no electrical work other than lighting wiring - electrical box stays in place, only needs to be boxed in.

Thoughts?

Thanks so much in advance.

Nerina

What do you think?

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Old 03-26-2011, 09:27 PM   #2
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Thoughts around basement renovation quote


Neri,
A lot depends on where you live and what the actual project entails. Initially it sounds like a lot, but without the rest of the details, it's hard to say. Why not check around for another contractor or two based on satisfied recommendations from past customers.
Mike Hawkins

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Old 03-26-2011, 10:17 PM   #3
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Thoughts around basement renovation quote


thanks Mike. actually it just entails drywall, 3 door frames and covering ceiling and subfloor. I have a plumber doing washroom stuff. I'm in Ontario north of toronto. I will ask around but after having done many renovations in 3 different houses, I am not very trusting of contractors. btw, I'm female, so I suspect that there might be an automatic upcharge when they read "I'm gulilble" on my forehead
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Old 03-26-2011, 11:18 PM   #4
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Thoughts around basement renovation quote


Does the bedroom have proper egress?
Cabinets?
what does no finishing mean?....no paint or no tape, sand and finish?
Stairs?

Hard to say if it's expensive or not.
Reputable contractor? been around for a while?
How'd you get him to give you a price?
Does he know that the plumbing, tile and doors are not part of his scope?

I'd get a second or even third estimate too.
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Old 03-26-2011, 11:45 PM   #5
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Thoughts around basement renovation quote


Three estimates will usually give you a good idea of pricing for a job. You have to ensure you give the same requirements to each prospective provider to ensure you are comparing apples to apples. After I get the three prices, if I have one especially high/low I go back to that provider and ask them to help me understand why thier price differs from the others substantially.
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