I just put in a bid for $4406.00 for a 1155 sq ft 2 bedrm single family home with approx 74 openings, everything electric, a 200a service, all basically standard stuff. Would like to get some approx bid comparisons. What would an approx bid be for you. Am I in the ballpark? Thanks,
The Golden Rule - "The man with the gold makes the rule"
We were recently asked to bid a similar project. We do mostly commercial and industrial work and explained to the customer that we would probably be high. The job included a lot of recessed lights and ceiling fans in most rooms. We proposed using CAT 5 instead of CAT 3 for phone wire and RG6 Quad shield for future home networking. A 200A OH SE w/Copper wire in conduit and a basic Leviton Home Networking panel. We bid $7,200.00. Another contractor got the job for just under $4,000.00. I'm sure that he didn't include provisions for home networking but theres still a big spread. I would like to know how anyone makes any money doing homes for this price. How much profit is there? How long does it take? How many men? How much are the men paid? Someone please, please reply.
Re: New Home Estimate#9004 04/18/0209:42 PM04/18/0209:42 PM
Master66, speed is the key. We can rough in 9000+ sqft in a week. We pulled 6000 ft of 12/2 yesterday before 2pm. Five man crew including myself. I usually keep two crews in two places, three men on rough in and two on trim out. We can knock out a 3 bedroom spec house in one day. That's what it takes to make money in residential. All work is to my uniform standard. Any of my guys can make up a 4 gang box w/ one s.p., two three ways and a four way and I can't tell which guy it was. That way who ever comes back to trim out knows exactly what's going on. Labor runs $10-$14 per man depending on time served. We also install LANs and structured cabling for houses with a Low Voltage distro panel we custom build. It offers a lot more than Leviton or PS and is actually cheaper.