Construction lingo can lead to confusion before your job even begins. This often creates cost overruns and frustration. This article tells you what to look for in a construction bid so you can avoid surprises. Anywhere you see something you don’t understand, you should expect to be surprised by a cost that you didn’t anticipate.
Every homeowner who contacts us wants to maximize the value of their property. They know that an accessory dwelling unit can provide tons of usability and even extra income. Understandably, they want that value as soon as possible. So they ask, “How long will it take?” While the actual time will always depend on the
The New Avenue online project management system is reviewing hundreds of projects at any given time. We track all of the change orders submitted by contractors in these projects. This post highlights the 20 most common change orders. These are changes that may be called “surprises” on your project. Often, they shouldn’t be surprises at all.
This is a two-story addition with an office, master bath, laundry and storage/mudroom. This is about 300 square feet and will cost just under $200,000. Mudroom Bathroom Addition – Full Budget This ground floor will be an office: The second floor will be a utility room, mudroom, bathroom, and storage. Sign up to
We recently bid a million-dollar, 3,000-square-foot custom home in the heart of Silicon Valley. I grew up in a 1910 Sears Catalog home that would sell for $180,000 today. For anyone who lived in the same type of home, $1,000,000 might seem like an insane amount of money. Except that it’s quite common today, and
We recently completed a bid for a 2,886-square-foot custom home in Los Altos, CA. This is the heart of Silicon Valley. This project will be completed for just under $1,000,000 and was a little less than 3,000 square feet. That budget does not include the architecture, engineering and permitting, which can be another $250,000. You
Every day, homeowners approach us with questions about how they can improve the value of their property. They all know they want to change their homes in some way, but not everyone knows the best approach. So many people who contact us ask, “Should I do an addition, a backyard cottage, or a remodel?” That
An architect in our network is considering adding a 400-square-foot basement below a new 400-square-foot addition. It’s odd that basements are such a rare thing in the area. Basements are standard for the rest of the country, and they provide so much usable space. While they’re traditionally used for storage and to house appliances
This article is part of a series of posts on real project costs. New Avenue is the leading national design/build system. Homeowners and contractors enter bids in our system and send and receive payments for completed work. Any changes are submitted by the contractor and approved by the owner before the budget changes. This keeps