dunenfool
Member
- May 6, 2021
- 29
- 30
What was the permit, architect and engineering cost on that example?
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I'd guess about 50-60k. This was just first round numbers to put together a rough bid based on plans. Cost ended up being about 200k more with changes and extra costs from Covid (Lumber virtually tripled)What was the permit, architect and engineering cost on that example?
I know guy's who sq' projects all the time and every one of them has been bit in the ass at least once.One thing people need to realize is that the cost to build a house , especially a new one, does not increase in price by the same metric. In other words. a 3000sq' house does not cost 1/3rd more than a 2000sq'house, 4000sq' is not twice as much etc. Its much less. That's why I never would use price per sq' when people ask. too many variables.
What's the 8 Grand in general liability?Yeah I am amazed how quickly costs add up. Here's a spreadsheet I did for a house I built last year. 2900sq' new house on the water. Other than a elevator, not a lot of bells and whistles. I worked out a cash deal and lowered my rate. This will give a lot of you guys some idea how it all adds up.
View attachment 28232
View attachment 28233
The owner wanted a "job specific" policy. If a contractor has a million dollar general liability policy, and he gets sued by a client and wins, then there's only X amount left to cover any defects on a different project. If you pay extra for a job specific policy then your project will always be covered by the full amount.What's the 8 Grand in general liability?