Price Per Square Foot

 
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Old 04-21-2006, 01:43 PM   #1
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Price Per Square Foot


I am trying to figure out how to charge for painting per square foot of actual wall space. My friend who works in the insurance company says they pay out 52 cents per square foot and that includes spackling, primed and painted with two coats and it includes all materials. I figure that's a little low, insurance companies don't make money by writing big checks, so I have some up with 63 cents. This is painting walls only, two coats and some spackle where needed. Does that seem a reasonable amount? I am in St. Louis and good painters are hard to come by, and if I do say so myself I am a really good painter.

Any thoughts?

This forum is really helpful btw, god bless the internet.

Thanks,
Brian

P.S. anybody out there recommend accounting software? I am the only employee.

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Old 04-21-2006, 02:44 PM   #2
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Re: Price Per Square Foot


I never price by the square foot, at least not when I'm figuring my costs.
Find out what it would cost for you to do that work, and divide it by sq ft, and there is the price. Do a search for 'pricing', 'estimating', 'sq ft', etc, and you'll find we've hashed this out many times on this forum.

Acoounting software- Quick Books Pro

Welcome from St. Louis. Where exactly are you located? Do any wallcovering?
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Old 04-22-2006, 10:44 AM   #3
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Re: Price Per Square Foot


Quote:
Originally Posted by ProWallGuy
Find out what it would cost for you to do that work, and divide it by sq ft, and there is the price.
I find that's the best way with interior repaints
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Old 04-22-2006, 10:45 AM   #4
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Re: Price Per Square Foot


Quote:
Originally Posted by Thewallfixer
...I have some up with 63 cents. This is painting walls only, two coats and some spackle where needed. Does that seem a reasonable amount?
It seems low
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Old 04-22-2006, 10:46 AM   #5
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Re: Price Per Square Foot


Quote:
Originally Posted by Thewallfixer
P.S. anybody out there recommend accounting software? I am the only employee.
QB Pro
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Old 04-24-2006, 01:02 PM   #6
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Re: Price Per Square Foot


I remember a mentor telling me about the $0.50/sq.ft. that insurane companies pay out. But that was 80's pricing and for one coat of paint only!

-plainpainter
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Old 04-25-2006, 12:03 PM   #7
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Re: Price Per Square Foot


I never price by the square foot, at least not when I'm figuring my costs.
Find out what it would cost for you to do that work, and divide it by sq ft, and there is the price. Do a search for 'pricing', 'estimating', 'sq ft', etc, and you'll find we've hashed this out many times on this forum.

Acoounting software- Quick Books Pro

Welcome from St. Louis. Where exactly are you located? Do any wallcovering?

I am in the city and plan on doing most of my work this side 0f 270. I do no wallcoverings. I am more of a plaster repairer and painter. I think there are plenty of plaster walls to fix in the city to keep me busy for the next 20 years

I think I will try out .63 per square foot (my insurance friend yelled at me when I suggested charging more than 52 cents, the going rate according to him, for two coats and spackle) and I will soon find out if I am making money or not and change it appropriately. I will be charging an additional charge for trim and the ceiling.

The reason I am doing it by square footage is so that the client go to my website and can figure out how much it's going to cost before I show up, therefore I waste less time with those who can't afford a professional paint job. time=money.

Thanks for the info everyone.
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Old 05-29-2006, 09:05 PM   #8
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Re: Price Per Square Foot


I charge at the least $2.00 per sq. ft ..... ( new construction)
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Old 05-29-2006, 09:44 PM   #9
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Re: Price Per Square Foot


Quote:
Originally Posted by KellyPainting
I charge at the least $2.00 per sq. ft ..... ( new construction)
fro floor space or wall space??
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Old 05-30-2006, 07:09 PM   #10
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Re: Price Per Square Foot


Were doing average on a easy rating of .70 sq/ft in Kansas City.
Price goes up if theres alot of prep,moving stuff, dark colors or high ceilings. All bids are rated easy, medium, or hard.
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Old 10-05-2008, 07:44 PM   #11
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Re: Price Per Square Foot


Im in northern maine, although i am a kind of do it all company, we do, do alot of painting both interior and ext. Up here I am charging .50 sq ft. that is 2 coats. Then i add on for trim, high ceilings, basicly anything that might slow me down. I charge for drywall/wall repair seperate. Been at this rate for 4 years now. back then thought it was a little high, but now with costs of everything going up, think its just about right!
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Old 10-06-2008, 08:40 PM   #12
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Re: Price Per Square Foot


[quote=Thewallfixer;86742] so I have some up with 63 cents. This is painting walls only, two coats and some spackle where needed. Does that seem a reasonable amount? I am in St. Louis and good painters are hard to come by, and if I do say so myself I am a really good painter.

Any thoughts?

My thought on that is about right without furnishing the materials. Especially, if good painters are hard to come by. I try for around .40 first coat for labor only.
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Old 10-09-2008, 07:29 PM   #13
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Re: Price Per Square Foot


50 cts per sq ft of wall was the going rate in the early 80's, its 2008 and I belive, fuel, materials, insurance, and evrything else costs way.................more , so how in Gods name can you make money at that price????????????????

Get a grip............Im sorry but painters just work for so much less than they should.

Eagle Bid software will let you add all your business costs and prouction rates and give you your sq ft price or you can do it the old way.

I dont want to rant but do your self and all other professional painters and learn to estimate.............please.
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Old 10-09-2008, 07:41 PM   #14
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Re: Price Per Square Foot


We are at .55 per Sq ft. But if you want to see what most insurance companies pay, I hear they mostly use the Exactimate program for Claims.

QuickBooks Pro - For accounting.
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Old 10-17-2008, 12:55 PM   #15
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Re: Price Per Square Foot


The pricing I am seeing on this site makes me understand why I am losing so many bids. What a whore's world painting has become!
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Old 10-17-2008, 04:59 PM   #16
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Re: Price Per Square Foot


i live on IL/IA border in midwest i have no problem getting bids charging .65 per sq wall space for repaints and that is per coat so $1.30 for 2 coats includes prep and product, i charge extra for moveing contents and charge on average about 40 bucks to each job any thing over 5 colors i add 50 bucks extra for each extra color. for appartment same color walls and cellings painting i average 25 cents per sq ft per coat good luck
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Old 10-17-2008, 06:51 PM   #17
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Re: Price Per Square Foot


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Originally Posted by harness View Post
for appartment same color walls and cellings painting i average 25 cents per sq ft per coat good luck
Thats just labor, right?
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Old 10-17-2008, 06:58 PM   #18
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Re: Price Per Square Foot


yes labor only on appartments
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Old 10-17-2008, 08:41 PM   #19
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Re: Price Per Square Foot


Quote:
Originally Posted by PlainPainter View Post
The pricing I am seeing on this site makes me understand why I am losing so many bids. What a whore's world painting has become!
I can guarantee that I am not whoring my talents out.

I have not listed what I charge after reading this thread for a reason...



And yes, I make a killing.
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Old 10-25-2008, 08:00 PM   #20
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Re: Price Per Square Foot


Man you have to be kidding on these prices. I got an estimate for a two story victorian yesterday. 2300 sq ft new home: 4500 sq ft exterior two colors; there 44 windows and 13 exterior doors, all this comes out of the 4500. The siding is a primed concrete product similar to Hardie plank, all chaulking is already done. Estimate is $12,450. I think I'm being riped.
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