How Remodeling Costs Are Like Budgeting For A Party
Pricing For Kitchen & Bath Remodels, Additions, Porches, & Outdoor Kitchens In The Memphis Area
Let’s face it. One of the biggest questions you have about your home remodeling project is: how much is it going to cost?
And the truthful answer is… IT DEPENDS.
We understand that can be a frustrating answer, but it really does depend. One important fact is of course the square footage of the project. But even for similar sized projects, pricing can vary significantly.
We sometimes explain variable remodeling costs as like planning for a party.
How Much Will Your Party Cost?
Let’s say you’re planning a party for an upcoming Friday night with a spouse or a friend and you start talking to each other about how much it will cost.
Even if you agree on inviting say, 20 people, does that tell you how much it will cost? It’s a start, but you will still have to discuss how much it will cost.
That’s because everything will depend on your specific choices for the party. It might cost $100 or it might cost $1,000.
If you decide to use decorations you have on hand, tell your guests it will be BYOB, and serve hot dogs, hamburgers, that will keep your budget toward the low end of the scale.
If on the other hand you decide to serve filet mignon, provide top shelf liquor for your guests, have gourmet appetizers, buy special decorations, and hire help to clean up, you can easily spend $1,000.
Either way you’re having a party Friday night (and hopefully having a good time) – but the real budget depends completely on your choices.
How Much Will Your Remodel Cost?
We think of remodeling costs in a similar way. We start off by giving you an estimate and say, “your remodel will cost somewhere in this range.”
When we give you that estimate range, we design it so you’ll have a good “party” either way (we assume when giving you a range that you always want quality results and not the cheapest junk materials).
From there, where your final costs fall within our estimated range will be dependent on your choices.
If you want the ‘hot dogs and hamburgers’ version of flooring, that’s fine. As long as that flooring is of reasonable quality (not something that will look terrible or won’t last), we’re fine with that and that choice will help keep your final pricing on the lower end of the range.
If you’d prefer the ‘filet mignon’ version of flooring, that’s great, too. We can do that for you and tell you exactly how much it costs.
As you make each decision, you’ll know how it impacts your overall costs (kind of like filling up your grocery cart the day before the party and seeing the prices on the shelves).
With our way, you get an overall budget range first so you have a good ballpark number to start with, and then you get an exact quote as you make your choices.
You’ll Know Your Final Quote Before We Start The Work
One thing customers have told us they like is that we provide a final quote to you AFTER you’ve made all your choices but BEFORE we start the actual physical work of your remodel.
With our way of budgeting, we provide crystal clear information that allows you to make choices with cost transparency. You stay in charge of costs and everything is spelled out so there are no surprises on the final invoice.
Other companies give you an original price, but then make choices and changes on the fly, always telling you that “costs extra” or pressure you into change orders that balloon your budget.
It’s almost as like not telling you what the party costs until it’s already started and it’s too late to do anything about it.
If we were truly talking about a party, that would be a mild problem. But it’s a tremendous headache and budgeting nightmare when you are talking about a major remodeling project.
Want To Take A Risk-Free First Step?
If you’re seriously considering a kitchen or bath remodel, a new porch or outdoor kitchen, or an addition to your home, we can get you started with a free consultation and estimate.
If the estimate doesn’t work for you, no problem – we can part as friends. But if the range sounds good, we’ll ask for a small deposit and get started on planning your remodel in detail.
Are you ready for your next remodeling project? Let us take it to the next level. Schedule a free consultation today!