Construction Quote Analysis: 35/100 — Overpriced
Total quoted: $150,000
This quote for a 312 sq ft residential addition and remodel totals $150,000, which translates to an extremely high $480.77 per square foot. This is significantly above the high-end benchmark of $420/sqft for similar projects in the 33433 zip code, indicating it is overpriced by at least $18,960 compared to high market rates, and potentially over $56,000 compared to fair market value.
Top flag: Overall Price Per Square Foot is Extremely High
The total quoted price of $150,000 for approximately 312 sq ft of new construction and remodel equates to $480.77/sqft. This is significantly above the high-end benchmark of $420/sqft for residential additions in the 33433 zip code, suggesting the quote is substantially overpriced.
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