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rusti_weaver

GC Estimate and actual price??

11 years ago

We are getting ready to start a new construction on a 2100sq ft home, full basement and 500 sq ft bonus room. We told a GC we needed a bid on the entire project, ground up. We plan on being our own GC but the bank needs two bids, so we get everything back today and it is a WHOPPING 120k+ over what we bid it at!! Is this that common? We have built several houses before so we can do flooring, tile, electric, plumbing, paint ourselves. We gave him the prices of our matierals we had already priced out and it still came back that high, any experience with the GC bid being way OVER what you built for? Help! I am sick over this!

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