Richard Schulman's Blog

Three years ago you walked into an open house, saw a 2 bedroom condo that was a mess and KNEW it would cost $50,000-$75,000 to remodel it.  Well, those numbers have burst as well.   

We are seeing full remodels done as $5,000-$10,000 per bathroom and kitchens done as low as $10,000 for remodelling "down to the studs."

New construction costs are as low as $135 per square foot, and I have a client gutting a 1,600 square foot house, adding on 75 square feet for under $80,000.

How are costs so low?  A few reasons.  Demand for remodelling is way down from its peak, leaving an oversupply of materials and labor, pushing costs down.  Also, I have worked out bulk deals with suppliers of materials and contractors.  I promise them a large volume of business and they cut their prices for me and my clients.   

For a referral to a licensed contractor who can do anything from a small project to ground up construction, let me know.