Residential prices

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LarryFine

Master Electrician Electric Contractor Richmond VA
Location
Henrico County, VA
Occupation
Electrical Contractor
Lemme guess......... "You give me a low price, and you get to wire the rest of 'em!" I got a dollar that's what he said to everyone. And someone took him up on his supposed promise of future work.
That guy probably made a dollar, too. :cool:
 

RH1

Member
Lemme guess......... "You give me a low price, and you get to wire the rest of 'em!"

General contractors always say that, it's gotten so old and so clich? that I laugh out loud every time a GC delivers that tired old line. My response is "Sure, let's sign a contract for all the houses right now and I'll give you a killer price!"

People love to gush about "all their other work", they think we will suddenly bow and scrape and humble ourselves at their feet. In reality, what they are offering us is the amazing, once in a lifetime opportunity to work long and hard at below market rates.

Yippee! I can't wait!
 

Power Tech

Senior Member
I think you are too cheep.

I bid a against Mennonite electrical company that bid a house for a ridicules price.

I had to stop by. I could not believe it. Little girls in (Little House on The Prairie dresses) running wire in the attic. I was kinda thinking that maybe little girls can do this job. Aren't there laws against that?

Guys with scruffy beards, hats and suspenders.

I stepped back in time into the Twilight Zone.

That was weird.
 
One of my old bosses had a saying for this. 2 bums are sitting on a park bench. One says to the other, " Ya know what? I never lost a bid."
There's much easier ways to end up in the poor house than having to work for it!!!! LOL
 
Last summer a neighbor is GCing his own McMansion a couple blocks away, he already has some numbers from new build ECs. Anyway I've got 2 boys 16 & 17 both thinking about the trade, too young to take on my kind of job sites. I figure this would be perfect intro course for my sons (lots a time on the rough, I can work odd hours, close to home, friendly with GC). I come up with the kind of numbers I would charge my mother. Customer loves the idea.
OUTCOME - I was about 4 grand high
 
I'm in So. Calif. and did a 3400 sq ft house (rough)/ T&M, 2 years ago for $20,000. This included 95 recessed cans, LV wiring, Service upgrade with remoted load center. I ended up in court cause the guy thought it "should have cost $10,000". Times are EXTREMELY tough right now; but be careful you don't pay him to keep your guys working.
 

peter d

Senior Member
Location
New England
I'm in So. Calif. and did a 3400 sq ft house (rough)/ T&M, 2 years ago for $20,000. This included 95 recessed cans, LV wiring, Service upgrade with remoted load center. I ended up in court cause the guy thought it "should have cost $10,000". Times are EXTREMELY tough right now; but be careful you don't pay him to keep your guys working.

Now, to be fair, you do live in the land of illegal day labor. Of course your price was too high. :roll: ;)
 

Sierrasparky

Senior Member
Location
USA
Occupation
Electrician ,contractor
I'm in So. Calif. and did a 3400 sq ft house (rough)/ T&M, 2 years ago for $20,000. This included 95 recessed cans, LV wiring, Service upgrade with remoted load center. I ended up in court cause the guy thought it "should have cost $10,000". Times are EXTREMELY tough right now; but be careful you don't pay him to keep your guys working.
How did you wind up in court ,no contract for that 20k?
 

sparky 134

Senior Member
Location
Joliet, IL
Chatting with two carpenters that are employees of the GC about the jobs they're working on. I asked who's doing the electric ?

"Some fat kid that charges $40.00 per opening. Switch, 3way, GFCI, recessed light, furnace, etc."

This is using conduit and wire.....

And he probably thinks he's making money and this particular GC will string him out for 60-90 days on payouts.

He doesn't use supports on the 1900 boxes when they're mounted to metal studs so the receptacle ends up pushing back into the wall when someone tries to plug something in.

Same GC had me bid a bathroom remodel. Old house, cloth wire, black pipe. We found a 1.25" PVC chase from the attic to the basement so I planned on running a piece of 1/2" greenfield thru it, land a junction box in the attic and basement, run pipe back to the panel and thru the attic (big attic with a floor), install one shower can, one exhaust fan, one light opening, one GFCI and supply a circuit for the floor heat.

My price was $1,275.00 and I never heard back from him....
 

Mr. Wizard

Senior Member
Location
Texas
7000 sq foot house. Has 400 amp service, supply 45 recessed lights, ~100 recepts, 42 single poles, 26 3-ways, 6 4-ways. Oven, microwave, hood, sub-zero, standard appliances, washer and dryer, Heat pump w/10 kw back-up heat, gas furnace & AC unit, wet bar in basement w/ disp & ref, 9' ceilings in basement, 10' first floor, 8' 2nd floor. No under cab lights, no dimmers, no whirlpool, no cathedral ceilings, no phone, data, or TV. Gas Fireplace w/ blower, sump pump, recpts for security panel, low voltage panel, 2 humidifiers. GC has 5 like this here in town. Gave him a price of $16,000. He told me I'm "not even in the ballpark." I'm curious what you all's take on this is. Is that price way to high? Maybe I can't afford to wire houses any more.

Maybe he meant your price was too low :grin: If it were too high, wouldn't he say that you knocked it OUT of the ballpark??!?!
 

Mr. Wizard

Senior Member
Location
Texas
I'm in So. Calif. and did a 3400 sq ft house (rough)/ T&M, 2 years ago for $20,000. This included 95 recessed cans, LV wiring, Service upgrade with remoted load center. I ended up in court cause the guy thought it "should have cost $10,000". Times are EXTREMELY tough right now; but be careful you don't pay him to keep your guys working.

How does that happen? This is not the first I've heard of someone being hauled into court because they "charged me too much." If a contract is signed, certainly the contract was read by the customer. An if it was signed, then certainly the dollar amount was read and agreed to by the customer. How on earth can you be taken to court after the fact? The customer agreed to the price. If he didn't like it, he could have went elewhere. That is absolute lunacy. What was the outcome of the court proceedings? I hope you won on the grounds the customer was a lawsuit-happy moron. :mad:
 

480sparky

Senior Member
Location
Iowegia
How does that happen? This is not the first I've heard of someone being hauled into court because they "charged me too much." If a contract is signed, certainly the contract was read by the customer. An if it was signed, then certainly the dollar amount was read and agreed to by the customer. How on earth can you be taken to court after the fact? ..........


Trust me........ it happens. More than you know. Bin dere, dun dat.
 

Bill Ruffner

Member
Location
Plainfield, IL
Here's what I came up with based on your info. It includes 159.9 hours which is right on per your comment of 2 guys for 10 days. The material pricing is based on a national average.
 
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