Estimate For Home

 
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Old 10-18-2006, 08:56 AM   #1
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Estimate For Home


Hey everyone, you all have seen my past 50 or so post's mostly dealing in residential service and I cant thank you all enough (an extra big thanks to MD) you have been a huge help for this detroit native living in so cal. I have had my c10 for almost 2 years and just recently gave up my day job to work full time for myself. ( I wanted to really feel the water first). Now about me, I am a 15 year seasoned vet with a lot of custom home experience but no estimating experience. I try and be very careful fair and i am definetly not trying to get rich fast, just trying to do good work and build a good costomer base. Now I am finally getting a few houses to bid on and one is just down the street from me and a really nice 2300 square foot ranch. I came up with a price of just under 21g and the guy was floored, which shocked me cause that house in it's location will be worth well over a million.( My apprentice is an x realestate appraiser) so with the info below in all of you collective opinion does this price seem to high
64 outlets 9 gfi's 31 single poles 18 3-ways 3 4-ways 42 cans most of them shallow on slopes with an eyeball 23 other light openings 6 cable outlets 5 phone 2 chandaliers both from vaulted ceilings 3 exhaust fans 7 smokes 4 shower trims 4 keyless

there is 3 kitchen circuits ( very large kitchen ) with seperate fridge and micro circuits 3 arc faults dish disposal two fau's garage door
Iam going to pull 6 lighting circuits a 125' ac run 200 amp all in one overhead service and some extra work for future stuff I.E landscape lights and some other backyard stuff.

I have liabillity workmans comp and all those extra overhead things that we all have I estimated the rough and finish material with 15% markup at about 7500 so How does all this sound to you guys.

One again thank you so much for all your help in the past future and present and of course go wings! and Tiger's.

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Old 10-18-2006, 09:47 AM   #2
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Re: Estimate For Home


Ask the customer what the mortgage company allotted for elect. Most mortgage companies or appraisers I've dealt with submit a breakdown to the HO.

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Old 10-18-2006, 12:24 PM   #3
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Re: Estimate For Home


$16K for me to do it in my area without seeing it and not knowing the full facts. For a carpenter in my area $8k.
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Old 10-18-2006, 01:54 PM   #4
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Re: Estimate For Home


All I can add is that I just received two quotes from electricians for a 2300 sqft addition, (I don't have the quotes in front of me) but what I have read that is included looks very similiar, give or take a few. The quotes were between 18K and 19K. No kitchen in our addition, but 3 levels, 3 bedrooms, 2 offices, 2 bathrooms, family room, hallway, mechanical room.
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Old 10-18-2006, 04:22 PM   #5
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Re: Estimate For Home


Holy crap! $21k (!), $16k, $18k, $19k????? For 2300'/sq?
Unless this were a log cabin I know I would be under $15k.

I am in the same general area as all of you.
I have to raise my prices.
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Old 10-18-2006, 07:29 PM   #6
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Re: Estimate For Home


$18,735

Your low voltage (phone and cable) seems a little on the light side for that many square feet. I'd have about 10 of each in that many square feet, and probably try to upsell network. Also, halogen PAR lamps for the cans are a nice upsell over incandescent R lamps. I mention this, because you have planned for so many.
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Old 10-18-2006, 08:50 PM   #7
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Re: Estimate For Home


My price is lower than most and I know it. But you need to know ANYBODY and I mean ANYBODY can do electrical. I have to compete against the carpenter, GC, EO and anybodys cousin who will do the job for $8k. It is hard to compete aginist this type of S....

Last edited by CE1; 10-18-2006 at 08:53 PM.
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Old 10-18-2006, 09:04 PM   #8
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Re: Estimate For Home


Some more info, I forgot to mention the halogen above and below cabinet lights, and about 14 touch dimmers, and the ceilings are vaulted everywhere. I myself thought it was high but really do not have much to compare too, I have undersold myself a few times on smaller jobs and definetly do not want to do this here and now. California title 24 rules will be in effect so that adds to the cost. Thanks for the input so far I will probably work on lowering the price a few thousand. wish me luck. thanks again bk go wings and tigers!
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Old 10-18-2006, 09:08 PM   #9
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Re: Estimate For Home


Yeah.. that makes a difference. I add 100 bucks a device location for touch dimmers (this is because of the call backs I seem to always get, no matter what brand of tough dimmer I use). That's 1400 bucks more, right there.
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Old 10-19-2006, 09:28 PM   #10
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Re: Estimate For Home


My heart goes out to ya bkessler. 19k sounds a little high where I live in No. Cal. I just finished 3000 sq. ft 2 story, full basement, lots of halo cans (75). With extras I was at 16k. My original bid was 14k and I wasn't the lowest guy. I've been an electrical contractor for 15 years and it's been my experience that bidding low will come back to haunt you.
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Old 10-20-2006, 12:09 AM   #11
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Re: Estimate For Home


can i ask a question. 18,000 for new contruction electrical? I thought it would be more then that in a custom home. Does that included the electrical devices or is that not included in the price. Meaning the smoke dectors and exhaust fans and chandlers and the cans or is that not included in the 18,000. Meaning the homeowner has to buy that stuff and your just charging to make it happen.
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Old 10-20-2006, 06:52 AM   #12
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Re: Estimate For Home


For me, I WILL NOT buy or supply or choose decorative fixtures or range hoods. That type of thing.
I supply recessed fixtures, bath fans, CO/smokes, devices, dimmers, etc.
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Old 10-20-2006, 07:29 AM   #13
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Re: Estimate For Home


I'm with Petey on that. I can't even find a light fixture to make my wife happy, let alone someone elses wife!
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Old 10-20-2006, 07:31 AM   #14
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Re: Estimate For Home


Hey speedy is that your bike in your avatar. What Kind? I use to have a honda Cr 125 when i was in high school back in the late 70's. I ran belray mixed with the gas it screamed.
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Old 10-20-2006, 09:35 AM   #15
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Re: Estimate For Home


45 outlets, 11 sp switches, 12 3-way, 4 gfi's, 3 wall boxes (2) exterior, 3 ceiling boxes, 40 recessed lights, 1 computer network drop cat5, 5 tel/catv, 4 nutone ventless bath fans, 3 ac/dc// smoke detect, 1 combo smoke & co2. Reroute, rewire, hvac, upgrade of subpanel. 2300 sq ft addition. 19,600. Including materials - only fixtures are recessed lights, if you consider that a fixture.
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Old 10-20-2006, 02:29 PM   #16
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Re: Estimate For Home


747, yeah, that's mine. It is ten years old but now it's in real good shape.
I basically rebuilt the whole thing. I changed quite a bit even since that pic was taken.
It is an ex-AMA pro class KX250.
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Old 10-20-2006, 05:28 PM   #17
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Re: Estimate For Home


Quote:
Originally Posted by 747 View Post
can i ask a question. 18,000 for new contruction electrical? I thought it would be more then that in a custom home. .
It certainly can be. The electrical ruff and finish (including the service) will run between 5 and 9 percent of the final value of the home, normally. From those percentages, for a 300,000 dollar home, you can guesstimate that the electrical will between 15,000 and 27,000, depending on how minimal or fancy you want things.
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Old 10-20-2006, 07:22 PM   #18
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Re: Estimate For Home


That bid inluded everything on for rough and finish except the chandalier's coach lights and vanity lights. I also inluded venting the exahuast fans. Also I was going to post the question of what percentage is the electrical of the cost of building a custom home in a real nice part of southern california? So thank you. go wings and tigers!
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Old 10-21-2006, 06:09 PM   #19
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Re: Estimate For Home


New to this forum. This is just my 2 cents . This in CT should be about $20 K.
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Old 10-23-2006, 11:23 PM   #20
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Re: Estimate For Home


If costs run between $15k-20k, approximately how much of that is in material? Does the ballpark figure include the service feed, or is that separate as it's installed at the beginning of the construction process. Does the HO typically have an allowance and shop for their own fixtures if the GC doesn't specify?

An electrician friend mentioned in northern DE they charge $100 (or $125?) to install an outlet. Are electrician quotes derived in this manner, where each thing has a cost (i.e. as Debookkeeper mentioned 45 outlets, 45(x$100) )?
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