When planning for a remodeling project, homeowners are generally advised to get bids from at least three contractors so they can compare apples to apples. However, when the bids come in, homeowners are often confused and/or discouraged by what they read. For one thing, it’s common for bids to have substantial price variations, despite being for the same project. Furthermore, bids are often much higher than homeowners expect. In fact, the American Institute of Architects reports that over 60 percent of building plans never get built, in many cases due to the projected costs exceeding the amount homeowners are willing to spend.
Read the full article