Going cheap isn’t going smart, or is it?

[Anthony Testino]

After 16 years of being in business its safe to say that going cheap isn’t always a smart move. Theres a difference between looking high and low for the most rock bottom prices from contractors that God him self couldn’t provide Vs looking for costs that make sense and yield profit. As a business owner (construction) it is to often I get phone calls for estimates and receive an email weeks later stating “Bobs price was 25k less than yours, therefor were going with him” right. About three months later, thousands over budget, nothing done right, and a divorce brewing in the household, I come in to the job to fix what is now over 25k and a nightmare. When it comes to investing your money into a powder room or an entire renovation/rehab, do-diligence and homework are just 2 tools needed to obtain a great deal. By great deal, I mean hiring 20 people to save $4,500 may sound good but it may also put you $8,000 in the hole. Contractors who give rock bottom prices are usually over night, start up, or desperate. In any situation giving a company play is great, but your turn around is key. I feel that getting 3 estimates, comparing them, investigating the companies social medias (pictures are real, clients have good reviews, price isn’t too cheap, materials are included, they have a vehicle, this isn’t their aide gig) etc, are things you need to check. With various outlets such as Thumbtack, Angieslist, Home advisor, AMT Inc, its easier than ever to find an affordable, honest contractor. Saving is awesome. But spending that few extra dollars on quality and speed (L&I passes everything, home inspector loves their work, materials aren’t D grade, everything is up to code) is what counts. It takes money to make money and if your fine with the tile guy who charges $20 an hour and does ok work thats fine, or pay $4,500 for that bathroom floor and make an extra $10K off the property. How do you all feel regarding cheap Vs efficient and does this always apply?

[Ben Sears]

Contractor here from Virginia. Couldn't agree more. When I get told my price is too high I've learned to say "thanks and good luck". My price is what it is and you pay for quality work. I believe in giving honest work for people's money but I have to eat as well. As far as materials, cheap is ok but I prefer builders grade. Cheap enough to replace when needed but not sooner than it has to be