Posts Tagged ‘cost’

The Reality of Multiple Bids

April 12th, 2010 by KTU | No Comments | Filed in Cost and Budgets, Park City Mountain Modern

My strategy with bid negotiation was to only solicit bids from subcontractors who were highly recommended by trusted sources. That way, I could hopefully focus on price without worrying I was getting bids from guys who do shoddy work. In most cases, I adhered to this strategy, although occasionally I got a bid from someone brought in by a related subcontractor (e.g., a heating guy who got a bid from a plumber friend).

In most cases I got at least three bids. I plotted the results of this bid process for the major subcontractors involved in the first phase of my project. These are the costs to do the work, including materials (except for framing, which is labor only). My house is about 3,700 sq-ft of living space with a 600 sq-ft garage. The flatwork quote includes all the concrete floors in the house, a concrete driveway, tinting the concrete, and applying acrylic sealer.

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Construction Costs – Park City Modern House

January 12th, 2011 by KTU | 10 Comments | Filed in 1. Planning and Design, Cost and Budgets, Park City Mountain Modern

I finally had a few minutes to sort my actual construction expenses and put them in some reasonable categories. This is a brief summary of the construction costs.

First, the basic parameters of the house:

  • 4348 sq-ft of space, including the garage
  • 3-level “walk-out” design
  • 2092 sq-ft footprint
  • 4 bedrooms
  • Cathedral ceilings in upper levels
  • 5 bathrooms
  • Enclosed deck on upper level
  • Front and rear paver terraces

The total construction costs were $619,000. This is every dime I spent from the time we applied for a permit to the time we received the certificate of occupancy. It does not include the design fees (architect + structural engineer), which were about $60,000. It also does not include the cost of about 15 trips from Philadelphia to Utah, which cost about $10,000.

The cost comes out to $142/sq-ft of enclosed space. The square footage includes the garage but does not include the enclosed deck off the master bedroom, nor the covered terrace. I believe the calculation should include the garage, because the garage basically has the identical finishes as the rest of the house (same concrete, framing, drywall, paint, windows, casing, electrical, etc.).

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