Lorimer Lake CottageContemporary Exterior, Toronto
What Houzz contributors are saying:
Ensure Your Budget Is RealisticIt’s easy to look at TV shows and get the wrong idea about what things cost. In most cases those budgets are not realistic for a bunch of reasons, most of which revolve around how suppliers and trades price their services to be included on the show. There is an old project management saying that goes, “Price, speed, quality — pick any two.” It’s not totally untrue, and it underscores that there are no easy trade-offs in a construction project. It would be problematic for me to suggest pricing in this article, as it varies substantially based on a number of factors, including location, number of trades in the area, level of finish, complexity of construction etc. The budget number that most clients care about is the “all-in” number. That includes everything they will write a check for including moving expenses, fees and construction. (More about that later.) Your design team can help you get a sense of what a realistic budget might be for your project; you can also ask friends who have done projects in the recent past, or check the Houzz Real Cost Finder. Pricing tip: Pricing can change substantially in certain areas over as little as a few years, so be sure that the projects were completed recently for the best idea of pricing.