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Bidding House Additions

 
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Old 03-23-2012, 08:50 PM   #1
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Bidding House Additions


Can anyone tell me if they use a homes sq ft value to bid an addition to the home. Say if the value is 400$ sq ft. You bid the project at 200$ sq ft. Would this be right or Is there a better way. Thanks
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Old 03-23-2012, 08:56 PM   #2
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Re: Bidding House Additions


Alot of variables in bidding additions using sq ft .

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Old 03-23-2012, 09:08 PM   #3
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Re: Bidding House Additions


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Can anyone tell me if they use a homes sq ft value to bid an addition to the home. Say if the value is 400$ sq ft. You bid the project at 200$ sq ft. Would this be right or Is there a better way. Thanks
I don't. I figure the addition like a new home, add tie in, contingency and the inevitable remodel work involved, separately, sort of. Add ons really aren't that hard to figure imo, compared to a full scale remodel, but not as easy as a new house.
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Old 03-23-2012, 09:09 PM   #4
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Re: Bidding House Additions


Absolutely not.

What kind of space? Bedroom? Bath? Kitchen?

There's absolutely no per square foot rule that should ever be applied to remodeling.
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Old 03-23-2012, 09:12 PM   #5
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Re: Bidding House Additions


I have seen cheap additions on nice homes, and gorgeous additions on modest homes. A few years ago, we put a 7000 sq ft 1.5 mil addition on a 400k house.
gotta treat each job differently.
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Old 03-23-2012, 09:21 PM   #6
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Re: Bidding House Additions


I paid around $150 a square foot for my home and want you to build a kitchen addition with a nice deck and an additional bathroom for $75 per foot. The addition will be around 1,000 sq.ft. so $75,000 should be plenty of money. Please start tomorrow.
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Old 03-23-2012, 10:21 PM   #7
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Re: Bidding House Additions


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Absolutely not.

What kind of space? Bedroom? Bath? Kitchen?

There's absolutely no per square foot rule that should ever be applied to remodeling.
Yep.

Chris, Warren and Ohio are all correct.

The tie in is the part that separates the remodelers from regular builders. Takes a lot of labor , knowledge and experience to do it right, properly protecting the existing home and keep it clean, while drying in for the elements.

Sq ft pricing doesn't matter to me even in custom homes, cost what it costs. I always check what the sq ft price ended up being, but it is what it is.
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Old 03-23-2012, 10:23 PM   #8
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Re: Bidding House Additions


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Originally Posted by jawtrs

Yep.

Chris, Warren and Ohio are all correct.

The tie in is the part that separates the remodelers from regular builders. Takes a lot of labor , knowledge and experience to do it right, properly protecting the existing home and keep it clean, while drying in for the elements.

Sq ft pricing doesn't matter to me even in custom homes, cost what it costs. I always check what the sq ft price ended up being, but it is what it is.
But mainly Chris.
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Old 03-23-2012, 10:31 PM   #9
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Re: Bidding House Additions


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But mainly Chris.
He was mentioned very favorably at the TAB Remodelers Council by the lady who is the NAHB Remodeler 20 Chair. Pretty cool to be famous nationally in your industry. Lol. Texas is long way from Indiana.

Must suck to see Peyton go, Chris. Hope Luck is as good there as at Stanford. He is a stud, but its pretty gutsy or dumb, depending on results going forward, to drop Peyton Manning for a rookie. IMHO
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Old 03-23-2012, 10:32 PM   #10
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Re: Bidding House Additions


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Originally Posted by jawtrs

He was mentioned very favorably at the TAB Remodelers Council by the lady who is the NAHB Remodeler 20 Chair. Pretty cool to be famous nationally in your industry. Lol. Texas is long way from Indiana.

Must suck to see Peyton go, Chris. Hope Luck is as good there as at Stanford.
No doubt about it chris gets the attention. He is my idol. Honestly he is one of the guys I look up too and I have never even met him or even talked to him much at all. Its nice to have successful guys to look up too in an industry full of so many clowns.
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Old 03-24-2012, 07:11 AM   #11
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Re: Bidding House Additions


Quote:
Originally Posted by jawtrs View Post
He was mentioned very favorably at the TAB Remodelers Council by the lady who is the NAHB Remodeler 20 Chair. Pretty cool to be famous nationally in your industry. Lol. Texas is long way from Indiana.

Must suck to see Peyton go, Chris. Hope Luck is as good there as at Stanford. He is a stud, but its pretty gutsy or dumb, depending on results going forward, to drop Peyton Manning for a rookie. IMHO
Carol Longacre is absolutely fantastic. Her and her husband were in my Big50 class.

Love her to death.

On Peyton, I hate to see him wear another jersey. I kinda see both sides, though.

All good things come to an end eventually. Hopefully Luck lives up to the hype.
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Old 03-24-2012, 07:25 AM   #12
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Re: Bidding House Additions


The peyton, tebow, luck debacle will go down in history one way or the other. Lets hope the good guys win..
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Old 03-24-2012, 10:47 AM   #13
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Re: Bidding House Additions


Quote:
Originally Posted by Veysal View Post
Can anyone tell me if they use a homes sq ft value to bid an addition to the home. Say if the value is 400$ sq ft. You bid the project at 200$ sq ft. Would this be right or Is there a better way. Thanks
Some of the slick contractors did this back when housing was booming and loans were easy. They'd just charge what you could get for a loan based on the new addition value OR their regular price, whichever was higher.
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Old 03-27-2012, 05:02 PM   #14
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Re: Bidding House Additions


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Carol Longacre is absolutely fantastic. Her and her husband were in my Big50 class.

Love her to death.

On Peyton, I hate to see him wear another jersey. I kinda see both sides, though.

All good things come to an end eventually. Hopefully Luck lives up to the hype.
Yes, she seemed like a very nice lady. It was informative and pleseant to have a conversation with her. She is part of the Young Builders commitee TAB is trying to get us to get involved in.

I like Luck, and can see the business sense Isray was using, but I hope Denver and Indy meet up in the playoffs and Peyton slaughters Indy.
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Old 03-27-2012, 06:50 PM   #15
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Re: Bidding House Additions


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No doubt about it chris gets the attention. He is my idol. Honestly he is one of the guys I look up too and I have never even met him or even talked to him much at all. Its nice to have successful guys to look up too in an industry full of so many clowns.
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Old 03-27-2012, 08:12 PM   #16
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Re: Bidding House Additions


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Old 03-27-2012, 08:17 PM   #17
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Re: Bidding House Additions


Since I have to be more informative now I will just say that bidding a room addition can NOT be done through square foot pricing.

If you are planning of building a room addition in Dayton Ohio I will be happy to come buy and explain a proper process to you.
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Old 03-27-2012, 08:17 PM   #18
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Re: Bidding House Additions


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Sorry.....
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Old 03-27-2012, 09:55 PM   #19
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Re: Bidding House Additions


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I like Luck, and can see the business sense Isray was using, but I hope Denver and Indy meet up in the playoffs and Peyton slaughters Indy.
Oliver Luck (Andrew's dad) played for the Oilers back in the day. Hopefully Andrew has a little more talent
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Old 03-27-2012, 10:00 PM   #20
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Re: Bidding House Additions


I just finished a real nice addition last year when it was complete you couldn't tell the house was even added onto. I bid it as if it were a totally seperate entity. Then figured the tie-in. Then the remodel portion. Worked out real well for me.

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