Most people have no idea what a renovation actually costs, and there’s barely any clear info out there. On one of our own projects, we bought the house for $330k and ended up spending $129k on the renovation. Once you factor in overheads, project management, and the builder’s margin, the true cost sits around $170k. My original “hopeful” estimate was $100k, but it blew out by 30%. That’s exactly why we take clients through a detailed pre-construction process—to nail down realistic numbers before
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