Construction Quote Analysis: 45/100 — Overpriced
Total quoted: $135,000
This quote for a 336 square foot addition/renovation totals $135,000, which translates to $401.79 per square foot. While this is within the high range for a small custom addition in your area, several key finish allowances are significantly underbudgeted, almost guaranteeing additional costs through change orders. The overall price is approximately $50,000 higher than the adjusted mid-range benchmark for similar projects.
Top flag: Underbudgeted Finish Allowances
The allowances for flooring ($4.00/SF installed), toilet ($200), bathroom hardware ($60), and shower enclosed walls ($4.00/SF material) are significantly below market rates. This practice often leads to substantial cost increases through change orders, making the initial quote misleading. You could expect an additional $1,800-$3,000 just to bring these allowances to a reasonable mid-range quality.
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