Getting Estimates

Everyone has done it: You want a job done quickly and you take the first contractor or tradesperson that comes along. Sometimes it works and sometimes it doesn't.

When it comes to spending $10,000 to $20,000 for a renovation you have to make sure that you are getting value for your money. In addition, each estimator or contractor who is giving a bid for your project will also give you advice on how to do it. In many cases it is a cheaper way to do it and in a way that the others never thought of. So try to get at least 3, and better, 4 estimates for a renovation job.

In addition, give each company or contractor a level playing field. Get detailed information for the project and give it to each bidder. There might be a small discrepancy in square footage but nothing that would tilt the cost one way or the other in any great proportion. The point is, make sure that the bid will come in based on your specifications.

And don't be intimidated by an estimator who wants to you agree to a certain price immediately or the price will go up. They want you to commit on the spot and will use pressure tactics to hook you. The bottom line: Walk away. You don't want to deal with a company like that.

Remember, in major renovations the contractor becomes your partner. So the question you want to ask before accepting any bid is: Do I want this person as my partner?