Market Forces-
As with any business or
industry, the construction field can also be
subjected to the same market forces of supply
and demand which can effect the types of
estimates or bids you obtain. When the economy
and housing market is strong, prices will be
higher. When things slow down, bids may be more
competitive. But one observation I have made
specifically about the Central Coast of
California is that the very high cost of living
versus the locally available good paying jobs,
puts a special pressure on construction costs
that other areas may not generally experience.
If an experienced carpenter
can get the same wage in some other part of the
state, or even some other state, but can afford
to buy a house for his family, which fewer and
fewer people are able to do in this area, then
he will leave. This leaves a smaller pool of
experienced people to draw from in this area,
and the wages and costs to you will be higher.
Doing Some
of the Work Yourself-
Almost every client I have
had has asked me if they can save money by doing
some of the work themselves. Often, these
are the types of things that many people even
have some, if not a great deal, of experience
doing such as painting, buying and delivering
materials themselves, even plumbing and
electrical work. And there have been instances
where clients actually have saved a great deal
of money by undertaking some of these tasks.
I don't want to go too far
to discourage people from taking on some of the
work involved with their project, but I would
like to share my own personal experiences as a
contractor in this regard which has been
confirmed time and time again by other
contractors with whom I consult on an almost
daily basis.
Easily
Underestimated-
When working with clients
over the years, by and large having them attempt
to do significant portions of the work
themselves, or even to have someone else they
know do the work, has been problematic and, in
my opinion, not really saved money in the long
run, and has often diminished the quality of the
overall project.
I know this is not what you
want to hear. But, I think most people tend to
highly underestimate the amount of work it takes
to, for example, do the painting work on their
project. It is one thing to paint a couple of
rooms in an existing house. It is another thing
entirely to start with fresh drywall, interior
doors, trim, cabinets, etc. and to do all the
necessary prep work, priming, and all of the
other steps it takes to do a quality job that
you won't have to be re-doing too soon, or that
just doesn't turn out the way you'd like, or
that is consistent with the rest of the
professionally done work on the project.
And when the general
contractor handles these things, it is also a
matter of scheduling, having things done in the
right order and in a timely manner to stay on
schedule with the project. Staying on schedule
will save you money. If you underestimate the
time required to accomplish your end of the
work, you may throw the schedule off for the
completion of the rest of the project. That can
force re-scheduling of work by future subs, the
general contractor may have to leave the job
idle until they can return, etc., and that will
inevitably cost you more money one way or
another.
My Own
Experiences-
In my earlier years as a
contractor, I was much more open to allowing
clients to do some of this work themselves. As
the years went on, and I gained more experience,
I became more and more reticent to agree to
this, especially when my clients had full-time
jobs, and children to care for, etc. It didn't
always turn out poorly, but more often than not
I think it was a mistake. I think almost all
contractors eventually come to this conclusion.
So, if you are serious
about attempting to do significant portions of
the work on your project yourself, think long
and hard and take a very honest look at whether
or not you have the time, experience, or
capabilities to accomplish it in a timely
manner, and with results you will be happy
with. Also keep in mind, it is one of the most
common bones of contention between owners and
contractors. It should not be considered a
magic bullet to solve any budget problems.
I offer a
low cost feasibility analysis that can help
you get started in the right direction with
issues such as estimating construction costs,
and many other issues that you will need to know
about proceeding with any construction project.