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#1 |
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Pro
Trade: GC/Carpenter
Join Date: Mar 2008
Location: Winnipeg, Manitoba Canada
Posts: 108
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Basement Developments
Do you think quoting a basement development on a square footage price (for example $50.00 per square foot) is a good idea?
Obviously adding cost for extras such as waterproofing in case of cracks etc. Why or why not? Thanks |
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#2 |
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Pro
Trade: Masonry consultant
Join Date: Nov 2006
Location: MSP, Minnesota
Posts: 2,453
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Re: Basement Developments
The money is in the quality, material options and features desired. If you have a very dry basement to begin with.
Little things like bathrooms, fixtures, flooring and HVAC modifications can run it sf price up. - If you look at the possible options, the list gets very long. A finished basement can be a saleable item to a homeowner since it does not appreciably increase heating and cooling operating costs.
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Dick Engineer, designer and consultant recently active domestically and internationally on construction and design in about 35 countries. |
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#3 | |
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Curmudgeon
Trade: carpentry/remodeling/"Yes M'am we do"
Join Date: Apr 2006
Location: Beech Grove, Indiana, Birthplace of the "King of Cool"
Posts: 11,707
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Re: Basement DevelopmentsQuote:
an existing basement for living space? Or, digging a basement as opposed to a crawl?
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#4 |
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Pro
Trade: GC/Carpenter
Join Date: Mar 2008
Location: Winnipeg, Manitoba Canada
Posts: 108
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Re: Basement Developments
I apologize, I should have said: Finishing an existing basement
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#5 |
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Curmudgeon
Trade: carpentry/remodeling/"Yes M'am we do"
Join Date: Apr 2006
Location: Beech Grove, Indiana, Birthplace of the "King of Cool"
Posts: 11,707
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Re: Basement Developments
I can't just pull a number
out of the air like that. I always have to do a take off and estimate time. Size, fit and finish, plumbing, relocating mechanicals.... it all makes a difference for me.
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#6 |
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Pro
Trade: Consultant
Join Date: May 2005
Location: Holly Springs, GA
Posts: 1,221
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Re: Basement Developments
It's a great idea if you quote the right cost per square foot- it's a horrible idea if you quote the wrong price. The question is, how do figure out the right price???
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#7 |
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Pro
Trade: Masonry consultant
Join Date: Nov 2006
Location: MSP, Minnesota
Posts: 2,453
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Re: Basement Developments
Bob -
A square foot price is good for intial talking, but will not fly unless you have a detailed description of what you are required to build. If you just have a general idea, it just gets down to last minute haggling after you have done the work and you know who will win then. If the owner does not have a plan, he is just using you and then you will have to compete with the guys your price is shopped out to. Get a plan or description and then figure what it will take in terms of time materials and your overhead for intangibles, profit and equipment.
__________________
Dick Engineer, designer and consultant recently active domestically and internationally on construction and design in about 35 countries. |
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#8 | |
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Pro
Trade: Consultant
Join Date: May 2005
Location: Holly Springs, GA
Posts: 1,221
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Re: Basement DevelopmentsQuote:
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#9 | |
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Curmudgeon
Trade: carpentry/remodeling/"Yes M'am we do"
Join Date: Apr 2006
Location: Beech Grove, Indiana, Birthplace of the "King of Cool"
Posts: 11,707
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Re: Basement DevelopmentsQuote:
one too.
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