How is a Home Remodeling Project Calculated?
March 24, 2023
Many factors influence how your home remodeling project is calculated. For instance, your location, the project’s uniqueness, and specialized skills all affect the costs. Even additional home remodeling contractors play a role. These factors apply to projects like basement remodels, home additions, and renovations.
Contrary to popular belief, home remodeling cost isn’t determined by a simple formula. It’s not just compared against a national average or priced at a general “going rate.” Therefore, it is unrealistic to expect your custom home remodeling will precisely match national averages posted by popular home improvement sites.
CONTENT ON THIS ARTICLE
Why National Home Remodeling Averages Can Be Misleading
The Issue with Online Lead Generators and Underestimated Costs
Navigating Quotes from Local Construction Companies
Key Factors Influencing Your Remodel’s True Cost in CT & MA
Understanding Regional Cost of Living and Labor Rates
The Impact of Project Planning, Permits, and Site Specifics
Material Choices and Craftsmanship: Driving Remodeling Costs
Platinum Construction’s Approach to Transparent Home Remodeling Pricing
Why National Home Remodeling Averages Can Be Misleading
The Issue with Online Lead Generators and Underestimated Costs
The big home remodeling companies that occupy the first spaces you see when doing a search are not in the business of contracting your job or running a small local construction and renovation company. They want you to submit your contact information so they can sell your name, number, and address to multiple small local contractors for $85 – $150 each here in the CT and MA area. This is why they typically underestimate the cost of projects and use numbers that are not indicative of the real costs in our local area of CT and Western MA. It is in their best interest to make you think a project is more affordable than it may be, enticing you to submit your contact information.
Navigating Quotes from Local Construction Companies
As a small construction company who deals with these companies regularly, we see times when a homeowner is surprised by a quote after researching this information. The unfortunate result is that the project they are dreaming of is well above the posted “averages”. This can be frustrating to both the contractor and the homeowner.
Key Factors Influencing Your Remodel's True Cost in CT & MA
Understanding Regional Cost of Living and Labor Rates
The areas of Western MA and CT are known to have a higher cost of living in general and therefore everything that goes into a project is always priced higher. This includes materials, labor, insurance, gas, waste disposal, permitting, advertising, taxes, as well as several other costs associated with running a home improvement and remodeling business. This undeniably has a substantial and direct effect on the final cost of your project. This makes it difficult to simply compare your desires with a national average.
The Impact of Project Planning, Permits, and Site Specifics
Another factor that drives the cost of your home renovation is the construction plan specificities and uniqueness. Every project is customized in some way. Planning, permitting, extra time and specialty skills required to complete a project can all lead to price increases. For example, if you need certified plumbers, excavation, cranes, electricians, and heating contractors for your project, you can expect to see a price increase. The amount of difficulty in the construction directly determines pricing.
Material Choices and Craftsmanship: Driving Remodeling Costs
Material selections and availability are both significant contributors in any project. For example, a bathroom vanity and fixtures can run anywhere from $350 to $4500 or more. Most selections such as counters, molding, flooring, tile, doors, etc. all have similarly substantial differences in cost. The choices you make regarding material selections will certainly drive your home remodeling costs.
Platinum Construction's Approach to Transparent Home Remodeling Pricing
This article doesn’t cover every single cost factor for every project. However, it clarifies that pricing a home remodeling project is far from a simple, one-size-fits-all national average.
At Platinum Construction LLC in Western MA, we make a conscious effort to price jobs based on our customers’ unique needs, dreams, and individual budgets. This approach truly drives our process and pricing. We meticulously examine every project detail, calculating our costs based on time and materials. Furthermore, we find it very important to discuss the homeowner’s budget early in our relationship. This open dialogue allows us to offer solutions that work, avoiding unwanted surprises and extra charges. Ultimately, this fosters the trusting relationship we pride ourselves on.
We offer many options for our projects, ensuring fair pricing for everyone involved. With Platinum Construction LLC, there are no surprises—that’s our promise. Our customers consistently enjoy a superior experience, truly exceeding the gold standard in our industry. So, instead of relying on national averages or misleading information from many online companies, we highly recommend contacting us directly about your dream project. We promise to do our very best to make your vision a reality.
Your Local Construction Experts in Connecticut & Massachusetts
At Platinum Construction, we have proudly served homeowners in Connecticut and Massachusetts for over 25 years. We are your local, trusted partners for building beautiful custom homes, seamless additions, and quality garages in your community.
We specialize in bringing visions to life across communities like:
- Connecticut: Ellington, Enfield, Suffield, and Somers
- Massachusetts: Longmeadow, East Longmeadow, Palmer, Hampden, Wilbraham, Sturbridge, Ware, and Monson
Send us a brief description of what you’re considering, and we’ll contact you for a free consultation. Let’s discuss how we can build your dream project right here in your neighborhood.
