How Much Does a Construction Manager Cost?
Are you considering a home renovation but are a bit put off by all the planning you'll be forced to do? From dealing with different contractors to staying in constant connection with companies throughout the area, this is almost a full-time job. Of course, chances are you already have a full-time job, so attempting to do this on top of your regular work may not prove possible. With the help of a construction manager, you can breathe a sigh of relief. You just need to know what a professional like this is going to cost you.
How Much Does It Cost For a Construction Manager?
When it comes to the cost of a construction manager, there are 2 main price points you need to consider:
- their experience
- how they charge
Construction managers coordinate and supervise a wide variety of projects, including residential and commercial. Before you hire and begin construction, we recommend you compare at least 3 price estimates from multiple construction managers. This way you get the best price, service, and value for your money.
Experience
Experience is a big one when it comes to construction managers. This is someone who is able to handle all necessary documentation or city approvals for your building project. They are the ones who stay on top of contractors making sure everything is up and running smoothly. Having an experienced construction manager who knows the area and how to land the best prices can greatly benefit you. Some might charge a slightly higher rate, but it is well worth the price, especially if they help ensure the project or renovations stays on schedule.
How They Charge
Construction managers do charge in a couple different ways. The most common method is a one-time percentage fee. It might range from 10-15% of what the total construction cost is. Others might charge you based on time or other factors. Due to this, it is important that you ask how they intend on billing you. It can make a substantially large difference in the overall cost for a construction manager.
Cost Breakdown
Having a construction manager at your disposal can make life easier while your home is being renovated and upgraded. However, it is going to cost you. Now, on average, you can expect to pay around $3,600 for your construction manager. The minimum fee you can expect is around $1,300 and can rise as high as $4,500. It just depends on the extensiveness and nature of your renovations. Sometimes, for extended projects, the cost can increase to nearly $5,300, but this is not typical.
With all of this in mind, deciding to bring in a construction manager can be an immense help toward getting your project up and running as well as completing it timeously.
Get Your Free Estimate
If you are looking to hire, all you need to do is enter in your zip code in the space provided. We can connect you with the very best construction managers in your local area. They will offer you more specific cost breakdowns of their service and charging methods. The best part is, it's 100% FREE, and there's zero obligation to purchase.
