Let’s Talk About Money And Remodels/Additions (Here’s The Total Estimated Cost Of Our Original Plan)

First, let me remind you what the unique plan was, after we did some tweaking to the ground plan. That is what the ultimate plan for the massive addition appeared like. Behind the grasp rest room there was a hallway of kinds that allowed for a walk-in closet on all sides, with the walk-in closet on the fitting being the principle closet. And behind that was a big bed room. This plan additionally had two decent-sized storage closets, one which was accessible from the bed room for Matt’s gear, and one accessible to the brand new household room the place I might have a coat closet and in addition retailer issues just like the ten chairs I’ve for our Wednesday gatherings. This plan additionally had a brand new laundry room and a extremely huge household room.

Right here’s the road merchandise estimate I received from the contractor for that smaller 970-square-foot addition with out the closets. (That is for these of you who just like the nitty gritty particulars. 😀 ):

Allow price for Metropolis of Waco — $650.00
Allow price plan evaluation price — $500.00
Engineer value for engineered basis — $3,200.00
Demolition of current enclosed patio, aspect room and patio slab — $9,000.00
Framing allowance for lumber and siding — $22,310.00 ($23 x 970)
Framing labor allowance — $17,460.00 ($18 x 970)
Open cell spray foam insulation — $4,365.00 ($4.50 x 970)
Roofing materials allowance, shingles and flashings — $3,600.00
Roofing labor allowance — $2,700.00
Gutters, labor and supplies — $1,500.00
Labor and materials allowance for brand spanking new home windows — $3,040.00
Labor and materials allowance for inside and exterior doorways — $8,000.00
Drywall labor and materials allowance — $4,850.00 ($5 x 970)
Materials allowance for trim, backer board, fasteners, primer, paint, and so forth. — $23,280.00 ($24 x 970)
Labor allowance for trim, doorways, prep, caulk, and paint — $17,460.00 ($18 x 970)
Flooring materials allowance, 8% waste issue — $6,300.00 ($6 x 1050)
Flooring labor allowance — $4,200.00 ($4 x 1050)
Allowance for electrical circuit (breaker field) rework and relocate – $3,500.00
Allowance for electrical tough in and trim out — $8,972.50 ($9.25 x 970)
Allowance for fuel to new tankless water heater, HVAC unit, and hearth — $3,800.00
Allowance to Tough in, set out, trim out plumbing — $4,750.00
Plumbing allowance to put in pump station for sewer line, contains trench work and tie in — $3,800.00
Set up new ducted HVAC system for addition — $9,800.00
Allowance to put in exhaust fan and duct — $450.00
Hearth allowance for fuel fire insert and set up — $3,200.00
Trash/particles allowance by load to take away job associated trash and particles per load, contains metropolis dump prices — $4,500.00
Undertaking supervisor allowance for length of the venture — $5,760.00
Waste station allowance for port-a-jon — $1,600.00 ($200 x 8 months)
Overhead 12% — $21,905.70
Revenue 12% — $21,905.70
TOTAL $226,358.90

In fact, that’s not even the grand whole, as a result of on the estimate, I discover this be aware on the backside:

The house owner acknowledges that they’re accountable to offer all end fixtures/home equipment that aren’t particularly included above and are accountable to verify they’re on the venture website when wanted to keep away from schedule delays or further journey prices. This stuff are exterior of the supplies scope of this estimate. End fixtures embrace: door locks and {hardware}, cupboard {hardware}, bogs, sinks, lighting, ceiling followers, plumbing fixtures, rest room accent bars, mirrors, coat or organizing {hardware}, blinds, and so forth.

You’ll discover that there was a laundry room on the plan, however no laundry room cupboards listed on the estimate. No countertop listed. So these issues could be as well as. I’d estimate that cupboards and counter tops for a laundry room that dimension could be round $8000 minimal.

Additionally not listed:

Any kind of closet group system (I’d need PAX wardrobes)
Any and all furnishings and ornamental gadgets.

I haven’t priced out particular furnishings and ornamental gadgets, however for the plan proven above, I’d want a headboard or mattress, two bedside tables, an space rug, draperies, window shades, lamps, ceiling fan, and different ornamental gadgets for the bed room. For the household room, I’d want two sofas, two chairs, a espresso desk or ottoman, finish tables, an space rug, lamps, draperies, bookcases or different “filler” furnishings, ornamental gadgets, lighting, and so forth.

Estimating these issues with out having a particular design/adorning plan may be very difficult, however I’d think about that I might do the bed room for about $5000 (if I DIY some issues, clearly), and I might do the lounge for about $8000 (with extra DIYing).

Along with the addition 😀 , it was additionally the plan to redo the kitchen as soon as we completed the addition. It’s one thing I’ve talked about for some time now as a result of our present kitchen is small, inefficient, and was performed on a really tight price range 10 years in the past. So the plan was (1) construct and end the addition, after which (2) rework the kitchen.

I’ve been pricing out IKEA cupboards for varied future plans (as as a result of I’ve shared them with you), and even maintaining the kitchen the place it’s, which was the plan with the massive addition, new cupboards would have been about $15,000. New counter tops would have been about $3000 minimal. New home equipment are about $8000 minimal (however most likely extra, as a result of I need the matte white Cafe home equipment).