How Much Do Remodeling Contractors Cost?
Remodeling contractors are general contractors who can help you with several projects if you are looking to do some remodeling work on your home. Whether you are interested in remodeling your basement or your bathroom, a remodeling contractor will help you create your vision.
Once you've decided what type of remodeling you want, only then can you decide what type of remodeling contractors you are going to need, so the actual cost to hire a remodeling contractor will depend on the type and the extent of the job at hand.
How To Choose a Remodeling Contractor
Apart from the type of remodeling project you want to get going, there are several things you can do to ensure you get the correct remodeling contractor for your project.
- Compare quotes: By comparing estimates you will be able to not only find a contractor that will suit your project and budget, but you will also be able to get a feel for regional pricing trends. It's always recommended to get at least 3 estimates, and remember that your geographic location could also make a huge difference in your estimate.
- Check references: You ABSOLUTELY have to check references of your potential remodeling contractor. Check their website or Facebook page for comments and reviews. Word-of-mouth is by far the best reference you can get, so if you know someone who recently did a remodel, go and view the work and ask them about their experience with a particular contractor.
- Check credentials: With any remodeling project comes the added pressure of ensuring everything is done up to local building codes. Be sure to check that your chosen contractor has the necessary credentials and licensing to do all the required work.
- Interview your potential contractor: Once you've narrowed down potential candidates, interview them and ask as many questions as you can. Keep in mind that they should also have several questions. Communication should go both ways, allowing you to get a feel for your potential remodeling contractor.
Since a remodeling contractor specializes in remodeling contracts, there is no need for you to hire a general contractor. However, do your homework and be sure to check all the paperwork and contracts before you sign on the dotted line.
Questions To Ask Before Choosing Remodeling Contractors
Before selecting your remodeling contractor, you should always establish the following:
- Does the remodeler have a permanent office, email address, fax number etc?
- Do they have a good reputation in the community?
- Do they have insurance policies in place to protect you?
- Do they have a successful track record?
- What certification do they have to show?
How Much Will It Cost To Hire a Remodeling Contractor?
In short, this will depend on the type of remodeling contractor you require. However, the cost to hire a remodeling contractor will essentially be a percentage of the total cost of the project, which is usually anywhere between 5% to 25%. This does average out at around 10% to 15% for most projects.
A remodeling contractor will essentially increase the overall price of your project, but they will provide several services, meaning that you will save money by not employing a bunch of sub-contractors to work for you. By controlling all aspects of the remodeling, your contractor will also be able to complete the job in a shorter time frame. Also, their familiarity with local building codes, building inspectors, and sub-contractors will save you money while they also have access to lower cost materials.
Remodeling Cost Breakdown
To get a better idea of what the cost to hire a remodeling contractor is, let's examine some possible remodeling projects:
Bathroom Remodeling
According to an annual construction cost survey by Remodeling Magazine, a bathroom remodeling project for an average 35 - 70 sq ft bathroom comes in at around $18,000. The cost to hire a remodeling contractor for your bathroom remodel could be anywhere between $900 and $4,500, but it all depends on how extensive your remodel will be. You could always opt for a few hours of onsite consulting which could set you back anywhere between $50 - $100 per hour. Click here for a more accurate breakdown of the cost to remodel your bathroom.
Basement Remodeling
If your basement is between 700 - 1000 sq ft you could be spending around $18,000 - $20,000. Keep in mind, however, that the cost to remodel your basement will largely depend on whether you are starting from scratch or finishing off an existing basement. The cost to hire a remodeling contractor for this type of project could be as low as $250 for a few hours of onsite advice, but considering the average basement remodeling costs, you are more likely looking at anywhere between $900 and $5000. Click here for a more accurate breakdown of the cost to remodel a basement.
Kitchen Remodeling
For an average kitchen remodel, Remodeling Magazine's annual survey pins the price at around $20,100. However, this is also a project that has many variables to consider and will ultimately depend on the extent of your remodel. This would put the cost to hire a remodeling contractor for this type of project at anywhere between $1,000 and $5,000. Click here for a more accurate breakdown of the cost to remodel a kitchen.
If you are in the market for a remodeling contractor, remember to narrow it down to 3 prospective contractors. Comparing estimates will not only ensure you get a feel for the best remodeling contractor, but you will also get a feel for current pricing trends in your area.
Get in Touch With Local Remodeling Contractors
It's important to remember that working with hi-end remodeling contractors can cost you in excess of $15,000, so it's of utmost importance to get in touch with a local remodeling contractor to discuss all your options.
If you would like to know exactly just how much it will cost to hire a remodeling contractor for your particular remodeling requirements, simply enter your home zip code in the space provided below and you will be put in touch with a remodeling contractor in your area.
Remember, entering your home zip code now comes with absolutely no obligation to sign any contracts and there are no hidden costs whatsoever. You are simply agreeing to get in touch with a professional for a FREE localized estimate.
