Does this rehab estimate sound reasonable?

[Sharad M.]

Hi,

I am a little confused about this proposal for one of my rental properties. I will appreciate if you can guys can give your opinion whether the contractor is reasonable with his numbers.

Scope of work:

*Install new carpeting and flooring throughout (About 1,000 sq. ft. of flooring)
*Replace damaged ceiling tiles in living room (replace 3 fiber glass ceiling tiles)
*Replace kitchen ceiling and repair damaged wood (water damage in the kitchen ceiling, the plaster will be taken out. Repair/replace damaged wood in the ceiling and sheetrock the kitchen ceiling)
*Install new 60” kitchen base, counter and sink
*Paint throughout (1,000 sq. ft. house)
*Replace 6 windows
*Secure rear basement door and basement windows
*final interior cleaning/disinfecting
*Install new rear entry door and front basement door (Steel entry door in the rear and solid wood door for the basement)
*install new locks (keyed-alike)
*Install new glass on rear door (a piece of 2x1 glass)
*Replace front stair treads (about 40 feet of treads)
*Replace bathroom subfloor and “sister” new joists (approx. 50 sq. ft. of subfloor)
*Install new tub surround/vanity/faucets
*Install insulation under bath/kitchen
*Fabricate new handrails for rear stairs

Labor price is $3,900 and material price is $3,100 for total price of $7,000. What do you guys think of the price? No mark up on the materials.

I understand that the price varies from one region to another, but just wanted to see what you guys thought of the labor price of $3,900 for the scope of work. I had 3 other bids, one came way below, the other was in the same ballpark, and the 3rd was way higher.

Thanks in advance for replies.