General Contractors Want Your Plans

General contractors are asking, will home renovations go down in 2024? This is a question that everyone has right now and it is just as frustrating for general contractors near you, as it is for homeowners (future or current).  A lot of this is explained industry-wide in a term called “price-per-square-foot”. This term, as you have probably discovered, is pretty ambiguous. To help take some of the confusion out of the process, 40×40 Construction aims to nail down what exactly “price-per-square-foot” means for you when building a custom home or undergoing renovations in the Chattanooga or Cleveland, Tennessee areas.

First things first, you can’t build a strong house without a detailed plan. While ideas are great (we are fans of Pinterest and you can see our work there)…sorry for the shameless plug. A skilled general contractor needs you to have drawn up plans to look at. 

In other words, without a plan, any number a general contractor gives you is a guess. Someone might give you a low estimate to get their foot in your door, but that’s how at the end of your project you might be left confused at what happened to your original quote and the dollars going with it.

You might ask, why is so much information needed when we are just getting to know each other? Maybe you’re not even committed to signing a contract with 40×40 Construction?

Well, price-per-square-foot will fluctuate WIDELY based on finishes in a home renovation or custom home project.

Home Plans Help General Contractors

When you have a ready plan drawn up and finishes decided, 40×40 Construction can breakdown item by item and calculate how much square footage of flooring, drywall, cabinets, countertops, etc. you have in your project. 

Next, we look at historical costs. What does this mean? The market costs (inflation is something that plays a factor here); this is where many other general contractors might miss something, and what sets 40×40 Construction apart. We are as detailed as the plans allowed and it keeps the project under control.

With any project there is a risk factor of unexpected expense, but again, our experience and expertise helps us to plan and budget for those possibilities. That’s why we are confident that when you book with 40×40 Construction, we will do a great job for your build, regardless of price fluctuations in the home renovation market in 2024.

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