Categories

Markup on Costs for a home renovation in Toronto

Question Icon
Posted by: from Toronto
1/25/2012 at 11:57:02 AM

Hello,

Really a general type question, but here goes...

I would imagine it varies greatly, but generally what would be a mark-up to costs charged by a home renovation contractor in the Danforth area in Toronto? For example, if costs are approximately $450K (materials, permits, etc.), what would be the typical mark-up (including labour).

Would $565K be within a reasonable charge? (i.e., 20% to 25%).

Thanks. PH

REPLIES (3)
User Icon
Date/Time1/25/2012 at 12:33:21 PM

There is no typical markup, and I don't think you'll find anybody to tell you the truth either, retailers would never tell you there profit margin.

Take wood flooring for example the labour is usually the same but the materials can cost from $3- $8 a foot and beyond.

User Icon
Jack in Toronto
Date/Time6/4/2012 at 5:06:53 AM

yes I think it,s reasonable price including labor charge..

User Icon
Ricky in Quebec
Date/Time7/3/2012 at 6:02:02 AM

I totally agree with James. It's all depends on you because you are the selector of materials to be used.

Search the TrustedPros directory and discover the best contractors in your area.

Find your home service pro
Great renovations start with a great contractor.

Since 2004, TrustedPros has been helping homeowners find the right contractor for their home improvements and repairs.

Post Your Project

Within hours you'll be comparing offers from top-rated professionals. It's free to post and you're under no obligation to hire.

 
Trustedpros Inc. does not warrant the accuracy, completeness, safety, legality or usefulness of any Content, or Whether Content is Current and up-to-date, and TrustedPros Inc. Shall have no liability whatsoever with respect to your use or reliance upon any content or for content being removed or otherwise ceasing to be available. Please refer to the terms and conditions of use of this websites for more details.
Categories

It appears you may be located in the US

TrustedPros is designed to deliver results targeted to your location.

Get Free Estimates

Post your project and compare offers from top-rated pros.


x