Drywall Contractor Price - Sanity Check

[Glen Fernandes]

Hi, I have been running a small remodeling contracting company over the past 6 months (i.e. drywall, paint, flooring, trim). I recently provided the below estimate to a GC prospect, but received pushback mentioning that the price quoted was 2X than the 'market price'; he was expecting a price around $6-8 (vs. the $20K that I had quoted)

I am basically trying to understand if my estimation is WAY off, and if I need to bring my cost structure down. 

Scope of work:

• 2,500 sq.ft single-family home
• Installation of 65-75 sheets of drywall throughout the remodeled areas, including taping, finishing, interior paint and primer (does not include framing, as it is already installed)
• Installation of 6 interior doors
• Removal and new installation of three windows
• Installation of baseboard and trim for bedrooms, bathroom, closets and stairs
• Installation of bathroom and shower fixtures (e.g. three bathroom vanities)
• Installation of closet and shelving in kid’s bathroom
• Installation of insulation (as needed)
• Clean-up of areas where work was performed

My quote:

• $20,500 (inclusive of only labor, material is fully supplied by the GC)
• Labor includes 3 skilled workers + 1 foreman (allocated full-time); effort estimate is expected to be <15 days

[Chris Seveney]

@JD Martin

I was around $12k so we are close. They have 320 hours for drywall.

For that many sheets it should be a crew around 2 days tops to hang then rest of week to tape and finish.