HOW DO YOU KNOW IF THE BUILDERS QUOTE IS REALISTIC?

Q BTiZcuM7fx2uayWH7ebL xFKqTC1Z3gM5vA1Wk2HhoKj6D6aiphq Dy8nOPM9M0hffStI5RrkWEjsQe5ig8zQvBMK81hxq5Qo3cFBlWrUYJO5TnSoaNwcX 71ig7lYeauu8ZvO

Starting a home renovation project? – it’s really important to make sure you get the best bang for your buck! Whether you’re giving the kitchen a simple facelift or planning a big home extension, getting the best value all around is a must.

Getting a quote from a builder (or two, or three builders!) is one of the most important parts of your project. And comparing quotes and making sure you’re comparing apples with apples might seem a bit tricky.

Whether it’s for a complete house build or a job undertaken by an individual trade, gathering quotes is a time-consuming but necessary part of your project. Simply accepting the first price you get from a general builder is a dangerous game because there’s a raft of reasons why prices can vary.

There will always be a difference between quotes for the same work, regardless of what kind of scheme you’re tackling – be it a new home or a simple extension. In this feature, I’m looking at how to approach the process to ensure that you get the best possible value for money.

j 8uP96SO0qs1GkkcsLoDE5vR4odA9IHZ0mYE oD WzXB8L1x56Q mLvNLf9NYFCW5ix1VCLykmENLae6ViLfWPhc8RGyGFEzGRNgkyUahGBw96P7w47Xl8M30EQn6l8VDzb sIC

1. RESEARCH

Back to basics: it all starts with research. Nowadays, a few clicks of the keyboard will bring up a long list of builders in your area!  But don’t fall into the trap of just choosing the builder one on the top of the search results – if you want your project to be 100% successful, you need to do your homework thoroughly.

Research builders and renovation teams online. Look at reviews. Talk to family and friends who have successfully completed renovation projects. Visit showrooms and display homes.

2. HOW MANY BUILDERS SHOULD I CONTACT?

NGj6F4guE2slejdDgygWy7FoH1Jw9qJpb5j584L 3WlyNPCv GQqcIZyfUsBU 45 hXp8MqFgw680CQHeTeuZgGLzHiLYw946JPSp6penMiI653aTJI9Wr 6pCo ZMAkTVEIo1bO

Once you’ve whittled down your list of options, it’s time to get quotes for building work. The rule of thumb is to get three builders' quotes from the UK and compare them – a bit of a laborious process maybe, but it’ll be worth the effort.

Contact your chosen builders via the internet or phone. To avoid confusion and ambiguity, list out your requirements clearly. If possible, meet your builders on site: a face-to-face meeting allows you to assess each builder’s professionalism and approach to your project.

Ask each builder about their insurance policy – what are they covered for? Also, what warranties/guarantees do they offer for their work?

3. UNDERSTAND THE DIFFERENCE BETWEEN AN ESTIMATE AND A QUOTE

6tPbewcG2zubhXo6tudxpkM v9 ROWNGVxX0kAT14y G9oXimIySWhKgB NOoOKdOlFdWe ZxTLA5rwJgDv ldR9jsubZSG68B9XdQq02JxpddfhvO6oDL7YoLu3Etb36 jh88F

In simple English, an estimate is an educated guess; a quote is a fixed price. To avoid costly budget blow-outs, we recommend getting quotes where possible. Ensure that the builder spends time on the detail of your project and clearly sets out each stage of the project and relevant costs.

Remember, when you’re renovating an existing property, there’s likely to be extra unexpected costs that may only be discovered once demolition has started. Make sure your builder allows a buffer amount for this in his/her pricing.

4. GO THROUGH EACH QUOTE CAREFULLY

8QcQDtr6ZBdkqGQynKS1tWsi0iPm4fLlW502FB5FF3V8ZiMp1ntS1zOWT 8AJ0xlJRnOZl eklckSnVljVflCj VfVdChHm2Z61GalylDUUzur

When you get your quotes back, (this might take anywhere up to 3 weeks) go through each of them carefully. Make sure you understand exactly what the builder is quoting and how much detail is included for each stage of the project.

Beware of builders that quote ‘ballpark’ figures – it’s quite likely that he/she hasn’t accurately costed the job, so you might be in for some nasty surprises once the project is underway. Read the fine print. If you have any questions regarding the quote, don’t be afraid to contact us and ask.

5. CHEAPEST ISN’T ALWAYS BEST

83ebj0N1knj2Lc6FJ1dNu1EF7QUMzsrZ83alTBRjQ V0QqJWr79x

Don’t fall into the trap of simply opting for the cheapest quote. Yes, of course, the bottom-line counts, but a quote that is far too cheap to be true should flag a warning: how much detail has the builder gone into in the quote? Is the builder being realistic with the cost of materials and/or hours of labor? Nobody works for nothing, so where are they cutting the corners?

Similarly, if one company’s price is far higher than all the rest, take a good look at why – is the builder quoting for more extensive works than is necessary?

8DCfwIKSQWXhujjI sXUf6YzGIVBCy1ufCzXK7M7 crIz3G8I FNjKxU 4xBL Wzv6nDcIu9u6kMAps0AIKyKlFA3b4f4dsYPwytzUlZjsR7M nmAiUlfCuY23WWMB1n1l9 a3k

6. BE REALISTIC

Quality home renovations don’t come cheap, so be realistic about the costs when getting a quote for building a house or remodeling an existing one. Treat your home as an investment and remember that cheap renovations won’t help its resale value down the track.

Talk to your renovation team about areas where you can save a penny or two, and areas where it’s best to spend a little extra – they understand what counts when it comes to ensuring that you add real value to your home.

hFD4kiQbjVId fBOwKt3anOn fjAOvU6yi1c6owKsdNO TSELCgtoOJWSNMVP DYsZoxJI92V2iSedB FqNASQNs8 iX KRCuGbRzEZqtFL3Z2umD8jm4w4 foHNgpT8yAAKTvW1

If a quote looks reasonable, well thought-through and you’re happy with the price, why not accept it? Similarly, and notwithstanding the risk of the single quote route, you may know a good local trade who is the go-to person for a particular type of work, such as ceramic tiling. If so, it’s likely they’ll give you a decent price because local clients will be comparing notes and word will soon get around if someone has been treated unfavorably.

If you’re looking for a realistic and affordable home building project, Get in touch with us now! 020 7916 2087
We offer affordable home builds in London. Visit our website Property Contractors 247 and get your free quote.

Our Accreditation
Follow Us on Social Media
Address: 1B Fortess Road, Kentish Town, London, NW5 1AA | Company Number: 10799887

© Copyright 2021 Property Contractors 247. All Rights Reserved. A Stunning Web Designs Creation