Well that price sounds right,I just gave and estimate for a 3 story house with 2 bath,enclosed porch,3 exits new 100 amp servise with all the required minimum code items for $6,100.00 (house is gutted)and another local contractor mention by name"I was told by owner is going to do it for $2,000.00"Location is Camden New Jersey,The owner of property is a doctor.I estimate that the 2,000 will be for materials alone.
So go figure as long as there is people willing to under cut others we will never be respected as we should be,nothing works with out electric and we will always be considered thief for charging what we are suppose to charge.