ArticlesBeing Your Own Contractor
The thought of contracting one's own home is an idea that many Canadian families entertain. It is an idea that requires a great deal of consideration before the actual decision to "go it alone" is made. As this article is titled "Being Your Own Contractor - Pros and Cons.", we hope to perhaps enlighten those whom this article might apply.
One of the biggest motivators an owner may encounter when considering the possibility of contracting his own home is the lure of saving money. This can be defined as "saving the contractor's fees". The contractor's fees can be included in a price quotation for construction, or listed as a separate item altogether as a percentage of the actual construction cost (cost plus). These "fees" are simply charges for such items as design and blueprinting, estimating and supervision of construction, the cost of guaranteeing the work, as well as the usual overhead costs and PROFIT. It is ONLY the profit factor that the owner may save, as he will still have to bear all other costs in some way.