
1.
That's a tough question to answer, impossible, in fact, without details. It would be like asking "How much would it cost me to take a vacation?" Without knowing where you're going, how you're getting there, how long you'll be gone, where you will stay, what you'll eat, and many other details, you can't answer that question. That's why we ask a lot of questions in determining the cost of your home improvement project; all the details determine the price. We have put together some national averages for various home improvement projects, but these are just averages. Your project could be a lot more, or a lot less, depending on your individual project.
| Project / Mid-Range |
Job Cost |
|
|
Upscale |
|
| Attic Bedroom Remodel |
$44,073 |
|
|
Bathroom Addition |
$60,535 |
| Basement Remodel |
$56,724 |
Bathroom Remodel |
$38,165 |
| Bathroom Addition |
$28,918 |
Major Kitchen Remodel |
$107,973 |
| Bathroom Remodel |
$12,918 |
Master Suite Addition |
$176,268 |
| Deck Addition |
$14,728 |
Roofing Replacement |
$24,693 |
| Family Room Addition |
$74,890 |
Siding Replacement (fiber cement) |
$13,149 |
| Home Office Remodel |
$20,057 |
Siding Replacement (foam-backed vinyl) |
$11,139 |
| Major Kitchen Remodel |
$54,241 |
Window Replacement (wood) |
$16,910 |
| Master Suite Addition |
$94,331 |
Window Replacement (vinyl) |
$13,120 |
| Minor Kitchen Remodel |
$17,928 |
|
|
| Roofing Replacement |
$14,276 |
|
|
| Siding Replacement (vinyl) |
$9,134 |
|
|
| Sunroom Addition |
$49,551 |
|
|
| Two-Story Addition |
$105,297 |
|
|
| Window Replacement (wood) |
$11,040 |
|
|
| Window Replacement (vinyl) |
$10,160 |
|
|
PDF files for each of the 60 cities surveyed in the 2006 Cost vs. Value Report are available for purchase immediate download from costvalue.remodelingmagazine.com. A bound copy of the 2006 Cost vs. Value also to be ordered (delivery after January 1, 2007). The 88-page research report organizes the survey data 25 pages of project data from 60 US cities, one page per project; and 60 pages of city data for all 25 pages per city. Also included is a table of national averages as well as tables for nine US regions.
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2.
Depending on the complexity of the project, the bigger the project, the longer it takes to secure necessary permits and inspections. A typical room addition can take ten different inspections prior to completion and is subject to the availability of the inspector.
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3.
If your project costs more than $5000 or involves structural, electrical, plumbing or heating & air work, a permit is required.
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4.
Many problems can arise when working with dishonest contractors willing to jeopardize your home and peace of mind. Besides being illegal, projects without permits can prove to be dangerous. Home inspections are designed for your protection. Consequences of improperly done construction can range from minor inconveniences to life threatening situations.
Additionally, Insurance companies have begun to deny claims on home improvements that did not have proper permits. Also, if selling your home, you are legally required to disclose to potential buyers that you had work done without the proper permits. As you can imagine, this would scare off many potential buyers. Tempted not to disclose? If a problem arises later, the new buyers can hold you legally responsible and you may find yourself in court. In the long run, it’s better to be safe than sorry.
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5.
If the total job costs less than $30,000 and does not involve electrical, plumbing or heating & air work, anyone can do the job. However, if any one element above is involved, you need a licensed general contractor. Some companies will take a job more than $30,000 and split it into parts less than the $30,000 total. Obviously, this is illegal.
The only exception is if a homeowner acts as his own contractor. If you have the skill & time, you are allowed to work on your home. Beware-- some very well known companies will contract for electrical, plumbing and heating & air work but are not licensed to do so. They will tell you they hire licensed tradesmen but this is also illegal. Bottom line-- you want to make sure your contractor is licensed.
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6.
Anyone that will come out to your home and make a contract with you to do your work is a contractor, but they may not be a licensed contractor. Many home improvement contractors are out there of considerable size, members of both the Better Business Bureau and Chamber of Commerce and appear to be upstanding businesses, but are misleading homeowners. While they may list themselves as “fully licensed” with a number, this is only a city privilege license number. They are not state board certified.
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7.
Visit www.nclbgc.net, the official North Carolina Board for General Contractors.
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8.
You might, but then again, might not. If your total project costs less than $30,000, you may use someone unlicensed. Again, you need to be aware of the unlicensed contractor pretending to be licensed.
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9.
Some of the benefits of using a licensed contractor are:
• We’re accountable to the State Licensing Board
• We don’t want to do anything to jeopardize our license
• We’ve passed a licensing test that has a 60% fail rate so we’ve been thoroughly screened
• The State has a reimbursement fund for homeowners using a licensed contractor
• Contact NC home renovations contractor - Tim Moss Home Improvement
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10.
Again, it only protects you. North Carolina licensed contractors are professionals who have passed rigorous technical exams and have proven they have the financial means to support their business. Should a substantial problem arise, the Licensing Board for that trade will investigate the complaint and take appropriate action if needed.
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