The first contractor to submit a bid on our 1,000 square foot addition came in about 40% more than our original low-ball budget.
And, in fact, his total was 7% more than our undisclosed upper bound. And you know that the actual price will be even higher than that! We'll probably end up paying 60% more than our original figure. And none of this includes the pool!
The project would consume 75% of our personal savings.
We'll get other bids but the pricing will be comparable. Construction costs are up. The house needs so much work.
Gotta think about it.
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