Tips for Understanding, Comparing Estimates

Tips for Understanding and Comparing Estimates

Whether your Boulder, CO home needs an extensive repair or your are ready to make a dream renovation, choosing the right contractor in Erie Colorado is often the first hurdle. After getting recommendations and doing your research, its ideal to get at least three estimates. Once those are in hand, understanding each contractor estimate is key.

Estimate Breakdown

While every contractor approaches their quotes in their own way, every bid should contain the following:

Comprehensive description of the project, including dimensions.
Total cost with material and labor broke down.
Techniques to be during construction.
Listing of finishing details, add-ons or special requests.
Timeline for completion.

Comparison Considerations

If any contractor estimate doesn’t willing to provide the above information, narrowing your choices is made a little easier. If the bids are professionally presented and comparable, other considerations to help you make your choice include:

Consistency – When obtaining the quotes, ensure the same project is being given an estimate. Any deviance will make it difficult to compare.

Research – Although every company has different pricing, have a general idea beforehand makes it easier to know when a contractor is over- or underpriced.

Plan Ahead – If possible, have a written plan and potential materials to provide the most detailed outline possible.

Workspace – Ask each contractor what you can expect during construction and what measures they will take to ensure you can still enjoy your living space.

Licensing – Ensure contractors have the proper licensing, insurance and permits to complete the work.

Warranty – After the project is completed, be sure to know what type of warranty it comes with. If a leak or other issues arises, you want peace of mind that they pride themselves on their craftsmanship.

After getting a contractor estimate, understanding it doesn’t have to be confusing. Knowing key elements to look for and questions to ask can help you feel confident you are putting your project in the right hands.