MD 02 3rd Quarter 2013

MD 02 Summer / Fall 3rd Quarter

HomeTech Remodeling and Renovation Cost Estimator

2013

48th Annual Edition

The data contained in this manual has been researched for the following area:

MARYLAND 2

Baltimore and Surrounding Areas

MD0233

Copyright ? 2013 by Hometech Publishing. Printed in the United States of America. All rights reserved. This book, or parts thereof, may not be reproduced in any form without permission from the publisher.

HomeTech Publishing 10534 York Road, Suite 101 Hunt Valley, Maryland 21030 Phone: 800-240-8210 Fax: 410-630-7302 H o m e Te c h P u b lis h in g .c o m

ABBREVIATIONS

THE FOLLOWING ABBREVIATIONS ARE USED IN THIS MANUAL:

CF

LF SF EA

EA PLUS

SF

UI

PER CUBIC FOOT (ONE FOOT WIDE, ONE FOOT HIGH AND ONE FOOT LONG)

PER LINEAL FOOT (PER RUNNING FOOT)

PER SQUARE FOOT OF AREA

EACH UNIT (A WINDOW UNIT INCLUDES WINDOW, FRAME, TRIM AND LABOR TO IN S TA L L )

ADD THE AMOUNT OPPOSITE "EA" (EACH) TO THE TOTAL OBTAINED BY MULTIPLYING THE SQUARE FOOTAGE OF AREA BY THE AMOUNT OPPOSITE "SF"

UNITED INCHES

TO CONVERT TO GROSS PROFITS OTHER THAN THE 33-1/3% RATE SHOWN IN THIS MANUAL, USE THE TABLE BELOW:

TO OBTAIN % OF GROSS

PROFIT 50% 45% 40% 35% 33-1/3% 30% 25% 20%

MULTIPLY BOOK SALES PRICE BY

1.34 1.22 1.12 1.03

- .96 .89 .84

MULTIPLY BOOK COST BY

2.00 1.82 1.67 1.54 1.50 1.43 1.34 1.25

TABLE OF CONTENTS

SPEEDY RECKONER ADDITION .. . . . . . . . . . . . . . . . . . . . . . . . . . 2 BATHROOM . . . . . . . . . . . . . . . . . . . . . . . . . 20 BREEZEWAY . . . . . . . . . . . . . . . . . . . . . . . . 30 CARPORT . . . . . . . . . . . . . . . . . . . . . . . . . . 31 DECK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 DORMER . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 GARAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 KITCHEN . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 PORCH .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 BASEMENT ROOM . . . . . . . . . . . . . . . . . . . 52 CONVERSION . . . . . . . . . . . . . . . . . . . . . . . 54 RENOVATION . . . . . . . . . . . . . . . . . . . . . . . . 60 ALTERATIONS . . . . . . . . . . . . . . . . . . . . . . . 62 AREAWAY . . . . . . . . . . . . . . . . . . . . . . . . . . 63 FIREWALL . . . . . . . . . . . . . . . . . . . . . . . . . . 64 CLOSE-IN . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 DOOR ALTERATION AND ADJUSTMENT . . 66 WINDOW ALTERATION & ADJUSTMENT . . 68 SKYLIGHTS . . . . . . . . . . . . . . . . . . . . . . . . . 70 FRAMING ALTERATION .. . . . . . . . . . . . . . . 72 ACCESS RAMP . . . . . . . . . . . . . . . . . . . . . . 73 CELLAR DOOR . . . . . . . . . . . . . . . . . . . . . . 74

SECTION II

1. PLANS AND PERMITS . . . . . . . . . . . . . . . 76 2. TEAR-OUT AND DEMOLITION . . . . . . . . . 78 3. EXCAVATION .. . . . . . . . . . . . . . . . . . . . . . 98 4. CONCRETE .. . . . . . . . . . . . . . . . . . . . . . . 106 5. MASONRY . . . . . . . . . . . . . . . . . . . . . . . . . 122

6. FLOOR FRAMING . . . . . . . . . . . . . . . . . . . 132 7. WALL FRAMING . . . . . . . . . . . . . . . . . . . . 136 8. ROOF FRAMING . . . . . . . . . . . . . . . . . . . . 138 9. ROOF COVERING, FLASHING, ETC. .. . . 141

10. EXTERIOR TRIM, PORCH, DECK . . . . . . 156 11. SIDING . . . . . . . . . . . . . . . . . . . . . . . . . . . 166 12. EXTERIOR DOORS AND DOOR TRIM . . 172 13. WINDOWS AND WINDOW TRIM . . . . . . . 182

14. PLUMBING . . . . . . . . . . . . . . . . . . . . . . . . 222 15. HEATING AND COOLING . . . . . . . . . . . . . 231 16. ELECTRICAL .. . . . . . . . . . . . . . . . . . . . . . 237

17. INSULATION . . . . . . . . . . . . . . . . . . . . . . . 242 18. INTERIOR WALL COVERING . . . . . . . . . . 246 19. CEILING COVERING . . . . . . . . . . . . . . . . 253 20. INTERIOR DOORS AND INTER. TRIM .. . 257 21. CABINETS AND APPLIANCES . . . . . . . . . 276

22. SPECIALTIES . . . . . . . . . . . . . . . . . . . . . . 286 23. FLOOR COVERING . . . . . . . . . . . . . . . . . 292 24. PAINTING . . . . . . . . . . . . . . . . . . . . . . . . . 296 25. CLEAN-UP .. . . . . . . . . . . . . . . . . . . . . . . . 315

INDEX .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 317

iii

Preface to 48th

This estimating manual has been prepared for the use of contractors, estimators, supervisors, architects, insurance adjusters, urban renewal specialists, apartment house managers and all other professionals who need up-to-date cost information on which to base estimates and sales proposals.

Job costs include laying out the work, sweeping up and piling debris outside the building, but not removal of debris from premises unless so indicated.

A 33-1/3% gross profit is included in each sales price, which is obtained by adding 50% of the total labor and materials costs for each item. Therefore, 2/3 of the sales price is cost and 1/3 is gross profit.

Materials Costs

The materials costs in this volume are based on current costs in a metropolitan area including applicable state, provincial and federal sales taxes.

The cost of materials includes everything that goes into the job. For example, drywall material would include the board, drywall nails, corner beads, tape, joint compound, even sandpaper. A normal waste factor is also included.

Labor Costs

The labor costs include: Hourly Wages Workers' Comp. Insurance Social Security Taxes State Unemployment Tax Minor Daily Cleanup Coffee Breaks Set up and Layout Time Minor Materials Pickup

Also included are the normal inefficiencies of the remodeling business: time spent in discussions with customers on the job,

placing and protecting delivered materials, assisting subcontractors, waiting for customer selections or official building inspections, etc.

Paid holidays, vacation and medical benefits are not included in the labor costs. If your employees receive these fringe benefits, you should calculate what these are as an hourly figure for 2,000 hours per year and add that to the labor cost shown in the manual.

Subcontractor Costs

The TOTAL column costs for plumbing, heating, electrical, roofing, masonry, painting, machine excavation, asphalt paving, marble and ceramic tile, and blown-in insulation are the amounts subcontractors in the trades would charge a general contractor for the work.

The trades listed above require special skills and equipment which the average general contractor does not possess; therefore, he will subcontract out the work. The amount the subcontractor charges the general contractor includes all the subcontractor's costs, including equipment, overhead and profit.

A contractor may use his own crews for the other trades, such as roofing, framing and painting, or he may employ a subcontractor. A subcontractor, being a specialist, may do the work so quickly and efficiently that he is able to charge no more after adding a gross profit to his costs than it would have cost the contractor using his own crews for the same work.

The TOTAL column for these other trades shows the contractor's total cost whether the work is done by a subcontractor or by the contractor's own crews.

Annual Edition

The amounts in the "PRICE" columns throughout the volume are the amounts a general contractor would charge a homeowner or customer for the work. The job costs shown, therefore, include the subcontractor's own profit on the job.

While many contractors do not charge a full markup for work done by subcontractors, it is our view that a remodeling contractor cannot make enough gross profit on a job to cover overhead unless everything, including subcontractors, is marked up at least 50%.

The contractor has spent a good deal of time finding subcontractors who can do a job properly, on time, at a fair price. The contractor is responsible to the customer for quality of work if any problem arises later on. Should the subcontractor be unable or unwilling to correct the problem, the remodeler must do it at his own expense.

Overhead Items

Overhead items must be paid for out of the gross profit which is included in the amount shown in the "PRICE" column.

Overhead items include the following: Sales Commissions Office Salaries Job Supervision Truck Expense Telephone Advertising and Marketing Office Rental Office Supplies Legal Fees Accountant Fees Leased Office Equipment Tools and Equipment Interest on Loans Bad Debts Insurance and Bonds

Judgement Factors

Remodeling and renovation work is the most difficult to estimate in residential construction. There are more hidden problems resulting in additional costs than normally occur in new home construction. Care should be taken to determine whether structural defects exist inside closed floors, walls and ceilings before submitting a final bid.

Estimators must use judgement in working with this manual. Conditions under which jobs are performed in the building trades are variable, but normal, sunshiny job conditions and easy access to the job have been assumed in estimating the cost of each item. Important factors governing costs and bids received are the season of the year, general business conditions in the area, and the amount of work subcontractors have ahead when bidding your work.

Every effort is made to provide up to date, accurate cost information. Building costs throughout the United States and Canada are monitored, but cost changes occur frequently and are not always consistent with general economic conditions in an area. No warranty or guarantee is made as to the correctness or sufficiency of the information contained in this book. The editors and publishers assume no responsibility or liability in connection with its use.

The editors wish to thank all who have generously assisted in the preparation of this volume. Constructive criticism which will assist us in the preparation of future editions will be welcomed.

-The HomeTech Publishing Team

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