Chapter 15-Home Construction Pricing & Cost Estimating (The Pat Fay Method)

In this chapter of The Pat Fay Method the homeowner will learn the basics of cost estimating and methods of home construction pricing. You will also learn: three methods of arriving at construction pricing, an example in pricing a new 200 amp electrical panel, use Home Depot, Lowe’s and Costco for comparative pricing, cost estimating for the homeowner, budgetary estimating, detailed takeoff from drawings, what does square foot costs mean, square foot cost by activity, square foot costs go down for larger jobs and up for smaller jobs, the Pat Fay Method of how to think about estimating, adding contingency or risk to the estimate, overtime will destroy a homeowner’s budget, what is a reasonable profit for the contractor, and 15 detailed cost estimating sections.