Pricing a renovation project is always tricky. There is the drive to meet client expectations on budget and affordability, whilst ensuring every last detail of the scope of works is covered and of course, making a profit to ensure the quality and speed of progress are sustainable not just on the project in question, but for the business as a whole.
What we have found at Old Town Property Services is that there can be a huge discrepancy between what a client thinks the cost of a renovation will or should be, and where the actual cost lies. This can drive an end decision not based on quality, project delivery and programme but cost, and cost alone.
This should be carefully considered and whilst understanding that everyone has a budget, to expect a top quality job, top quality trades, aftercare and delivery on programme for a price that is significantly below other quotes received just doesn’t add up.
Advice from Neil at Old Town Property…
Get your quotation itemised as far as possible, discuss it with Old Town Property and make an informed decision not one based on pure cost, it could come back to bite you..
The final part of the decision making process is to speak to recent clients, look at recent projects completed and do your research. You’re about to spend large sums of money on your most valuable asset in many cases, take your time and get it right!!
If you would like advice or guidance for your upcoming renovation or redevelopment contact Neil today.