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Old 10-17-2018, 05:28 AM   #81
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With the devastation caused by Hurricane Michael, I sincerely doubt that demand for materials will "back off".
One big problem in Florida is their anti-gouging laws. The price of future building supplies and labor will be the same as it was in Florida before the hurricane.

That means plywood companies, drywall manufacturers and roofing manufacturers do not make any upward shift in production since they have no monetary reason to do so. Houses that can be rebuilt and reroofed will have big blue tarps on their roofs a year or two from now because there are no building supplies to buy.

People that are building homes in other states will have to pay out the nose for plywood, drywall and shingles in the future. Contractors in other southern states will also be difficult to find the next year when they go to work in Florida temporarily. When the supply of labor goes down, the price goes up.
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Old 10-17-2018, 06:32 AM   #82
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We just finished off our attached two car garage into what was supposed to be a family room and a laundry room. Our estimate came in at 40k. I had only allotted 30k to the entire project. We ended up keeping the washer/dryer in the basement and made the laundry room into a mudroom, which was the real reason we needed the space. We also skipped on the cabinets and pellet stove from the contractor because we knew we could add them ourselves after the fact. Do I regret it? Not one bit. We use that space every single day. We planned ahead and built a detached garage with loft storage to make up for losing the attached car space.
Now saying all this, we have no intention of moving in the next 15 years so I'm pretty certain that we will get our money back on the investment. If I were you, I'd evaluate how long you're planning to be there and see if you can DIY some of the work.
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Old 10-17-2018, 06:12 PM   #83
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Have you gotten at least 2 other estimates for this project?
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Old 10-25-2018, 07:54 AM   #84
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Iím curious, Dr. Roy, what did you decide?
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Old 10-25-2018, 05:55 PM   #85
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Have you gotten at least 2 other estimates for this project?
Yes we did. The contractor we chose was initially the low bidder, very good reputation, knew the local inspectors well, and was the best communicator.
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Old 10-25-2018, 06:02 PM   #86
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Iím curious, Dr. Roy, what did you decide?
We are still deciding to some degree, as the project does not begin for another couple weeks anyway. The contractor has found a bit of savings and we have pared back a little from the list. Still at $75K. To cut more we would really have to start taking away elements that we want. We can afford it, so, even thought I feel like there was some bait and switch, the response to the post mostly said that such things are nearly inevitable, and that others have been very happy with the results they got in similar situations. My guess is that we will proceed at this point. I wonder what would have happened with our second choice builder, but I would also hate to switch now, delay everything to get on a new track, and wind up in the same place.
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Old 10-25-2018, 09:27 PM   #87
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Just mentally budget for a 20% overrun.
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Old 10-25-2018, 11:52 PM   #88
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We are still deciding to some degree, as the project does not begin for another couple weeks anyway. The contractor has found a bit of savings and we have pared back a little from the list. Still at $75K. To cut more we would really have to start taking away elements that we want. We can afford it, so, even thought I feel like there was some bait and switch, the response to the post mostly said that such things are nearly inevitable, and that others have been very happy with the results they got in similar situations. My guess is that we will proceed at this point. I wonder what would have happened with our second choice builder, but I would also hate to switch now, delay everything to get on a new track, and wind up in the same place.


Good decision IMO. Youíll be happy later that you got what you really wanted.
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Old 10-26-2018, 07:52 AM   #89
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we have pared back a little from the list. Still at $75K.
I would do what you want and forget about paring back the list, you will not miss the 5K over XX years, get what you want YOLO!
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