Hello friendly OZB communtiy first time renovators here and we need some help on sanity checking the recent quotes we have received.
So we are looking to fully renovate the following rooms in Western Sydney with no changes to the location of any existing plumbing services apart from switching to wall hung vanities from floor standing.
- laundry 2.5m x 2m
- main bathroom 2.5 x 2m
- seperate toilet 2m x 1m
- ensuite 2m x 2m
To date we have received back two quotes
Quote 1 $84K including labour and all materials
Quote 2 $75K total ($58K labour only and we would purchase our own materials worth approx $17K)
Do these seem remotely reasonable? We were expecting somewhere closer to $50K total and these quotes have left us a bit stunned.
Considering that both contractors have stated the job would take 3 weeks max even if i was to conservatively assume 3 guys on site at all times and a labour rate of $100 per hour the labour bill excluding materials should be somewhere around $36K (3 guys x 8 hours per day x 15 days x $100 per hour) not the approx $60K worth of labour im being quoted.
Update Quote 3 came back at a much more reasonable $58K.