Estimate for Installing a Bathroom Fan

[James R.]

Hey Fellow BPers!

I have an upstairs apartment in one of my buildings that needs a bathroom exhaust fan installed.  Here's what the contractor told me via email this morning: 

"Just stopped and looked at the job it's going to cost $1050 to install a fan in that bathroom I have to find electricity in the Attic and vented out through the roof please let me know if you want to proceed with the project thanks"

Has anyone else had this done recently?  Is this estimate reasonable?  An estimate usually means that it is going to cost more, before the work gets done.  Also, can this usually be done in a couple of hours?  I think that this contractor's estimate includes a full 8 hour day of work. 

Thanks in advance for your replies!