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General contractors charge a 10% to 20% fee percentage of construction costs for large projects and a fixed, daily, or hourly rate for small jobs. Contractor hourly rates are $50 to $150 per hour on average. General contractor pricing depends on the labor and material costs, project size, and location.
What does this registration cover? Home Improvement projects on existing residential structures only with a value exceeding $7,500 but not in excess of $50,000, including labor and materials. This registration does NOT cover swimming pools.
Checks and wire transfers are two of the popular payment methods with contractors. Checks make it easy to keep records on the project, and wire transfers are a great way to move money quickly so that work doesnt slow down. Before you pay your contractor, find out what methods they accept and what they prefer.
General Contractor Estimated Cost by Project ProjectAverage Project CostGen. Contractor Cost Home remodel $20,000$75,000 $2,000$15,000 Home addition $23,000$75,000 $2,300$15,000 Bathroom remodel $2,500$15,000 $250$3,000 Bathroom addition $18,000$50,000 $1,800$10,00013 more rows Dec 18, 2024
Costs Involved With Hiring a General Contractor This can start from $50 per hour, and go all the way up to $1000 per hour, depending on the contractor and the nature of the project. Other contractors markup their price, and accept installments as they work on the projects.
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