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Overbudget and over time

December 1st, 2017 at 02:11 pm

Well we are officially over budget and way over time Well the timing thing is tight. The contractor told me Thanksgiving which I always thought was optimistic. Turns out I was right. As it stands we are hoping 12/20 before my parents arrive. Of course it won't be completely done the glass shower door and side won't be done. That is looking like January but hopefully everything else will be done.

We are currently framing the windows and just finished priming. We have to paint and do the tile of the fireplace and floor. Then there is still the upstairs work and attic, fan, insulation to still deal with, which I may tell them come back in January. We've got guests for the holidays and I don't think I can deal.

Budget wise we are over period. Over my "budget" not what they told me. When we started we were at $3700 for garage doors, $55k contractor, and $5k for designer and OOP. I figured we would come in around $75k. We are at $77k and not done. I knew things would come up and things would change But I was thinking 20% over was generous. I was wrong.

Things that changed? Our shower was rotted, we finished the garage, moved a door, found rot on the siding, replaced some rot and reinforcements. So our change orders are currently at $18k and we aren't done yet. Things happen when walls come down and you don't know what's behind them.

Oh well. I hope this works out okay. We are in so deep that we can't turn back now. Whatever it's worth I think if I escape under $100k I'll be happy right now. I don't think we should be that much further over I am going to guess $85k all in. But don't hold me to this. I'll continue updates and more importantly I'll post photos when it's done. I can't wait.

4 Responses to “Overbudget and over time”

  1. Amber Says:

    Hopefully things will wrap up by the 20th and nothing else comes up

  2. rob62521 Says:

    Gee, this is frustrating, I'm sure. Hang in there!

  3. klarose Says:

    Is this me writing this!?

    I am in the same boat. Contractor budget was $40k. I planned on $60k to be safe. I'm now at $90k and in too deep to stop. I only paid $50k for my house and acreage... So that's right. This remodel is almost DOUBLE the original price of my house.

    Our deadline was November... then end of the year... Absolutely final deadline is March. We are trying so hard to finish.

  4. LivingAlmostLarge Says:

    I won't comment but we did budget $75k and DH budgeted $100k. I thought starting at $60k put us safely in the zone we'll see.

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