TLDR: General contractors charge for their services using two primary methods. Most general contractors charge a fixed price for building or renovation projects. Allowing you to get a precise and accurate estimate after an inspection. Other general contractors charge by the hour. These contractors typically charge about $50-$100/hr. Before hiring any general contractor, go online, and compare the various service providers in your area.
Whether you’re trying to make improvements to your home or renovate an entire section, hiring a general contractor is the best way to go. For those DIY home improvement specialists out there who think they can handle all their renovation tasks with no help, don’t take risks.
Attempting DIY home improvements
While you may be able to perform some simple home improvements on your own, general contractors guarantee quality results. One of the major drawbacks of hiring a professional contractor for many people is paying for service.
General contractors can be expensive; but, they don’t have to be. The final price you pay for a general contractor will depend on the specific type of materials and procedures you’re trying to get done.
How much does it cost to hire a general contractor?
There is no real way to calculate the average cost of hiring a general contractor because every project is different. Another reason it’s hard to calculate the average price to hire a general contractor is that not all general contractors charge using the same metrics.
A small general contracting project can cost anywhere between $1,000-$5,000. For larger projects, you should expect to pay between $5,000-$10,000 and up. Keep in mind, these are just general numbers, and your project cost will depend on the desired result you’re trying to achieve.
Breakdown of general contractor hourly pay
For general contractors that charge for their service by the hour, you can expect to pay between $50-$100/hr. Most general contractors who charge hourly rates do so during the pre-construction process. After, they revert to flat-rate pricing once the construction phase begins.
One thing that is concrete about hiring general contractors is that they provide comprehensive support throughout the process. Anytime you hire a professional general contractor, they will provide you with the following:
- Construction Management – general contractors can help you get necessary permits. They can also assist with hiring individual tradesmen.
- Design Help – general contractors can help you design the perfect layout for your home. Doing so on your own can be challenging.
- Reduced Material Cost – a lot of general contractors, have existing relationships with material providers. This allows them to get the same materials you want at a significantly reduced cost. Especially compared to you buying them yourself.
- Pre-Planning Help – general contractors can assess your property and give you an accurate project estimate. The pre-planning stage is also the phase in which your contractor will begin building your new project’s blueprint.
Finding a reliable yet affordable general contractor
It’s hard to find skilled tradespeople who can complete certain aspects of your building or renovation project. This is one of the primary reasons why it’s so beneficial to hire a general contractor. While it may seem unnecessary you to hire a general contractor, the value gained is worth more than the money spent.
Go online and do a little research about some of the best general contractors in your area. Doing so will enable you to compare the various service providers out there to decide which one can complete the job. All general contractors will be more than willing to sit down and work on your budget with you. Ensuring you stay within your bounds without sacrificing quality results.
People Also Ask
Q: How do general contractors set their prices?
A: General contractors set their prices in two distinct ways. Either they’ll charge a fixed price or give you a bid for the total cost of your project.
Q: Why hire a general contractor?
A: most general contractors have connections with sizeable commercial material providers. Because of this, they’ll be able to give you special discounts on the work you need. At the same time, ensuring high-quality results due to their experience.
Q: How to choose a reputable contractor?
A: you can perform an analysis of how reputable a general contractor is by reviewing their service history. Comparing their experience with other service providers in your area also works.
Understanding how much does it cost to hire a general contractor
Use all the information in this article to assist in your journey of finding the right general contractor for your next project. Before contacting a general contractor, ask yourself these two questions: “How much am I willing to spend to get the results I want?” and “What areas of my project can be sacrificed to save money?”
If a general contractor is what you need contact Pro Remodeling today. We’ll make sure to bring your dream home to life!