$257,000: Cost Breakdown

May 30th, 20115 Comments

The Budget Part 2

Continuing with the last post, $257,000: The Rundown (Budget Part 1), where we detailed out what the project entailed. We first wrote about why we decided to be transparent with our remodeling costs in this post: Blogger’s Block. Now we are ready to share the full itemized list of how we ended up spending exactly $256,920.00.

To recap, in our case, we pretty much rebuilt the house entirely. Room by room, the entire interior of the house was gutted and rebuilt with all new systems and services from the street. In the process, the original woodwork was salvaged and restored including the doors and almost all of the windows. All that remains of the original are the bones: an almost-100-year-old foundation that we repaired, the original main floor framing/layout, and the exterior was left intact. A new roof capped it all off (literally). When you look at it that way, $257K doesn’t sound as insane to build a basically-new house with historical charm.

The $256,920.00 total was tallied by manually entering every remodel-related receipt into an excel spreadsheet and splitting purchases into categories. After all the receipts between March 2007-2011 were tallied, I went the extra mile and reconciled with our Quicken records to account for any lost receipts.

All told, the data entry effort probably took about 30-40 hours. And after all that, I’ve spent about 18 hours crafting this blog entry to show all of you. Fun way to spend Memorial Day weekend, right? :)

Pie Chart of Doom

Bungalowcious Remodel: $256,920 Breakdown Pie Chart
Download the $256,920 Breakdown Pie Chart (PDF)

Using the figures below, you can hopefully get an idea of how much a similar project would cost. However, every project is different and every market is different.

The costs marked “Pro” relate to professional contractor charges between 2007-2010 in Portland, Oregon. Most of our professional work was completed in Phase 1 through a general contractor in 2008, which increased the mark-up.

The costs marked “DIY” relate to materials we purchased, but did the labor ourselves. We do not have sales tax in Oregon, so keep that in mind. Not to mention that since 2007, prices on the same items have likely risen with inflation.

Phase 1 (March 2007-July 2008) references the work run by our general contractor, Diamond Construction and Remodel: the dormer addition, staircases, master bedroom and bath addition, kitchen, main bathroom, and basement remodel. Phase 1 completed 2/3 of the house restoration.

Phase 2 (June 2009 – October 2010) references our main floor renovation, which we acted as our own general contractor and did much of the work ourselves: the living room, dining room, hallway, bedroom, and some exterior improvements. Phase 2 completed the last 1/3 of the house.

What is left? We expect to put a cedar fence ($2K DIY), paver patio ($2K DIY) and more detailed landscaping in the yard. We should also replace our front stoop and have it repoured at some point.

However, we are in no hurry to spend any more money on the house. Anything we do in the future would have to be for our own enjoyment. For instance, if we keep this house for several more years, we may consider removing the vinyl and restoring or residing the house. This would run around $10K DIY or $20K+ professionally, so we are definitely in NO HURRY to sink money into that, as we know we wouldn’t recoup the cost.

Category Total
Asbestos Abatement 1,220.00
Bathroom Fixtures 7,165.067
Carpentry 49,056.07
Closets 106.06
Construction Loan Closing Costs 10,947.96
Demolition and Disposal 6,098.01
Doors 1,131.19
Drywall 10,255.00
Electrical 26,600.14
Exterior 6,706.85
Flooring 10,117.12
Foundation 7,540.40
Flooring 10,117.12
Garage 637.02
Gutters 808.40
Hardware 9,672.55
HVAC 9,672.55
Insulation 6,672.70
Kitchen Materials 20,461.62
Landscaping 1,075.87
Laundry 1,044.09
Lighting 4,431.48
Membership Fee 1,540.00
Miscellaneous 1,874.85
Painting, Interior 2,449.03
Plans & Permits 6,119.17
Pest Control 923.60
Plumbing 20,013.35
Roof 7,100.00
Sewer 4,500.00
Tile 11,845.38
Tools 666.55
Windows 5,504.04
Wood Refinishing 10,762.13
Grand Total $256,920.00

Asbestos Abatement

Who Cost Description
Pro 200.00 Testing fees
Pro 325.00 Basement duct wrap abatement
Pro 695.00 Kitchen tile abatement
$ 1,220.00 Abatement Total

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Bathroom Fixtures

Cost Description
  2715.18 Master Bath: Clawfoot tub, supply, faucet, shower, etc.
  616.10 Master Bath: 60″ vanity and double sink vanity top
  306.00 Master Bath: Sink faucets (2)
  163.00 Master Bath: Toilet
  154.60 Master Bath: Towel racks, shower curtain, hooks, toilet paper holder, glass shelving
  259.98 Master Bath: Recessed medicine cabinets (2)
Lighting
$ 4,214.86 Master Bathroom Fixtures Subtotal
  319.20 Basement Bath: Jetted tub
  275.42 Basement Bath: Curved shower rod and curtains
  169.00 Basement Bath: Shower and tub faucet
  398.00 Basement Bath: Vessel sink and cabinet
  119.98 Basement Bath: Vessel sink faucet
  106.40 Basement Bath: Toilet
  98.00 Basement Bath: Mirror
Lighting
$ 1,486.00 Basement Bathroom Fixtures Subtotal
  449.00 Main Bath: Corner shower enclosure
  128.75 Main Bath: Shower valve and head
  434.10 Main Bath: Pedestal sink
  214.72 Main Bath: Sink faucet
  163.00 Main Bath: Toilet
  75.24 Main Bath: Mirror
Lighting
$ 1,464.81 Main Bathroom Fixtures Subtotal
$ 7,165.67 Bathroom Fixtures Total

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Carpentry

Who Cost Description
Pro 34,325.00 Phase 1 rough carpentry/framing and materials from original bid for dormer addition, master/attic remodel, 3 baths, kitchen, staircases, laundry shoot and pantry conversion
Pro 7,511.43 Phase 1 finish carpentry and millwork throughout remodeled areas mentioned above
Pro 4,848.00 Window installation (basement and dormer), construction of custom door frames to fit salvaged doors in remodeled areas mentioned above
DIY

2,371.64

Phase 2 millwork for main floor bedrooms, living room, dining room, and hallway. Replacement trim for broken pieces, douglas fir wainscot, picture rail, window and door crown moulding, window/door stop, etc. (materials)
  Wood Refinishing
$ 49,056.07 Carpentry Total

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Closets

Who Cost Description
DIY 106.06 Shelving systems for bedroom closets (materials)
$ 106.06 Closets Total

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Construction Loan Closing Costs

  Cost Description
  10,947.96 Fees to service construction loan with Wells Fargo.
ALERT: Not a good idea. It’s simply $11,000 down the drain.
$ 10,947.98 Closing Costs Total

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Demolition and Disposal

Who Cost Description
Pro 1,250.00 Remove old furnace-venting chimney from roof down to basement
Pro 1,500.00 Phase 1 demo of roof and entire staircases for dormer addition, kitchen and main bath plaster removal.
Note: We did the majority of the demo ourselves to save on the labor cost.
Pro 2,734.26

Phase 1 disposal fees for debris

DIY 338.75

Drop box fee to demo and clean-out basement. We had friends help demo the basement down to studs and clean out the previous owner’s hoard.

DIY 275.00

Drop box fee to demo main floor (Phase 2). We had friends help demo the plaster down to studs.

$ 6,098.01 Demolition and Disposal Total

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Doors

  Cost Description
  775.00 Salvaged interior doors (3 basement doors, attic french door and linen closet door)
  115.00 Salvaged exterior doors (back entry and front screen door)
  241.19 New closet bi-fold doors (2 sets)
$ 1,131.19 Door Total

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Drywall

Who Cost Description
Pro 7,625.00 Drywall for phase 1: main bath, kitchen, pantry, dormer, staircases, basement areas, master bedroom and bath.
Pro 2,630.00 Drywall for phase 2: main floor hallway, 2 bedrooms, living room and dining room.
$ 10,255.00 Drywall Total

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Electrical

Who Cost Description
Pro 2,760.00 Service upgrade to 220 and new panel moved to utility room area
Pro 21,614.80 New electrical rough in and final installation
Pro 1,600.00 Unexpected: Reroute and relocate panel to bedroom closet/server room per city inspector demand
DIY 466.65 Network, phone and cable (materials)
DIY 123.72 Ceiling speakers (materials)
DIY 34.97 Doorbell and transformer (materials)
$ 26,600.14 Electrical Total

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Exterior

Who Cost Description
Pro 3,360.00 Dormer Hardiplank siding and installation
Pro 1,110.25 Dormer painting to match vinyl exterior color
Pro 1,985.60 Exterior window trim painting; stripping and painting of porch beams, ceiling and soffit beams around house
DIY 107.34 Porch floor stripping and refinishing (edger sander rental, supplies and stain)
DIY 143.66 Concrete stoop pressure stripping (pressure washer rental and paint supplies)
Lighting
$ 6,706.85 Exterior Total

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Flooring

Who Cost Description
Pro 5,019.00 Phase 1 hardwood floor patching and refinishing (kitchen, pantry, attic/master bedroom)
Pro 1,991.46 Phase 2 hardwood floor refinishing (main floor dining room, living room, hallway, 2 bedrooms) and supplies
Pro 3,106.66 Phase 1 carpet and padding (basement, staircases and attic closets) including installation ($1050)
$ 10,117.12 Flooring Total

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Foundation

Who Cost Description
Pro 5,895.00 Basement concrete work: structural footings to support dormer; full foundation formed under back porch to convert it to a kitchen pantry
DIY 773.56 Basement waterproofing gutter supplies installed around base perimeter of foundation walls (materials)
DIY 871.84 Foundation repair and resurfacing with Xypex waterproofing product. Replaced above ground lathe and plaster with foam board insulated areas covered with concrete board (materials)
$ 7,540.40 Foundation Total

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Garage

Who Cost Description
Pro 500.00 Minor paint stripping and painting garage to match house
DIY 137.02

Garage light, shelving and miscellaneous supplies (materials)

$ 637.02 Garage Total

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Gutters

Who Cost Description
Pro 785.00 Replacement of front and back gutters
DIY 23.40

Gutter cover supplies to keep from clogging (materials)

$ 808.40 Gutters Total

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Hardware

Cost Description
290.94 Kitchen cabinet hardware: glass knobs and bin pulls
1,386.99

Various door hardware (mostly salvaged): hinges, glass knobs, door plates, stops, strikes, mortises, etc.

195.77

Various hardware not categorized and polishing cloths, aging solutions, etc.

$ 1,873.70 Hardware Total

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HVAC

Who Cost Description
Pro

5,677.00

New high-efficiency furnace and central air system
Pro 2,550.00 New duct work, bath exhaust fans (3), range hood, dryer exhaust
Pro 646.00 Unexpected: Moving furnace during phase 1 remodel
Pro 335.00 Unexpected: Relocate main hallway return register
Pro 464.55 System maintenance
$ 9,672.55 HVAC Total

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Insulation

Who Cost Description
Pro

5,680.00

Phase 1 wall and ceiling insulation to code for kitchen, basement, master/attic, dormer/staircases, main bath
DIY 606.36 Phase 1 replacement of old attic insulation and added extra insulation for sound-proofing (materials)
DIY 386.34 Phase 2 wall, ceiling and soundproofing insulation for dining room, living room and 2 bedrooms (materials)
$ 6,672.70 Insulation Total

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Kitchen Materials

Who Cost Description
Pro

10,200.00

Custom Douglas Fir Cabinets
DIY

594.36

Custom stained glass (ordered online) and leaded glass supplies for cabinets (materials)
Pro 4,486.94 Stainless steel Maytag appliances: dishwasher, range, microwave, refrigerator
Pro 3,496.00 Kashmir White granite counter tops
DIY

746.86

Pantry shelving, cupboard, stainless steel table and storage (materials)
 

368.46

Apron-front sink
  265.00 Faucet
  304.00 Mobile island
  Lighting
$ 20,461.62 Kitchen Materials Total

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Landscaping

Who Cost Description
DIY

1,075.87

Plants, shrubs, mulch and assorted gardening items
$ 1,075.87 Lanscaping Total

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Laundry

Who Cost Description
Pro

835.53

GE Washer, Dryer and cords
DIY 78.00 Temporary laundry sink used during remodel
DIY 130.56 Basement bathroom laundry cabinetry (materials)
$ 1,044.09 Laundry Total

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Lighting

Who Cost Description
  199.90 Master bath sconces (2)
$ 199.90 Master/Attic Subtotal
  172.60 Basement bath 3-light vanity light
  493.10 Basement antique sconces and shades
$ 665.70 Basement Subtotal
  890.05 Kitchen lighting: 3-light pulley fixture, 1-light pulley fixture, 1-light fixture, pantry track light
  205.35 Main bath sconces (2) and salvaged deco fixture
  287.27 Dining room antique pan light and tiffany-style shades
  631.44 Living room antique 5-light pan chandelier and trumpet art glass shades, antique sconces and carnival glass shades (2)
  140.06 Main Bedroom (office) antique 3-light pan chandelier and shades
  50.06 Main Bedroom (guest room) antique fixture and shade
  215.88 Hall antique gaslight fixture and shades
$ 2,420.11 Main Floor Subtotal
  214.98 Exterior porch light and back door light
$ 214.98 Exterior Subtotal
Pro

741.80

Rewiring lights to UL standards
  65.86 Work and temporary lights
  123.13 Light bulbs
$ 930.79 Rewiring, etc. Subtotal
$ 4,431.48 Lighting Total

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Membership Fee

Who Cost Description
4,990.00 Direct Buy Membership Fee
ALERT: Don’t bother, its not worth the hassle.
Pro (3,450.00) Direct-from-manufacturer savings.
Note: We saved most on our appliance purchases that had a free home delivery special. Otherwise other items shipping and handling fees negate the overall savings.
$ 1,540.00 Membership Fee Total
*Dave Ramsey would call this "Stupid Tax"

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Miscellaneous

  Cost Description
1,874.85 Assorted supplies, nails, screws, bolts, gloves, goggles, etc. a.k.a. things not worth categorizing
$ 1,874.85 Miscellaneous Total

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Painting, Interior

Who Cost Description
DIY 573.35 Professional-grade paint sprayer, tips and supplies (materials)
(175.00) Craigslist sale of paint sprayer
DIY 2,050.68 Paint, samples, tape, drop cloths, assorted supplies (materials)
$ 2,449.03 Painting, Interior Total

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Plans & Permits

Who Cost Description
Pro 3,700.00 Drafting and design blueprints
Pro 2,419.17 Residential building permit fees, required second sink covenant
$ 6,119.17 Plans & Permits Total

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Pest Control

Who Cost Description
Pro 444.60 Spray for silverfish in basement, mouse baits
Note this was necessary due to previous owner’s wood pile in basement
Pro 479.00 Attic squirrel trapping and wire screen installation to keep them out of vented area between dormer and roof
$ 923.60 Pest Control Total

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Plumbing

Who Cost Description
Pro

17,890.00

Plumbing rough-in and final installation
Pro 960.00 Unexpected: Install backflow device per city inspector demand
Pro 885.00 Unexpected: Reroute kitchen drain around outside wall to plumbing stack per city inspector demand
DIY 278.35 Miscellaneous repair-related items (most pre-remodel)
$ 20,013.35 Plumbing Total

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Roof

Who Cost Description
Pro 6,155.00 New sheathing and 30-year shingles after complete tear off
Pro 945.00 Dormer addition roof installation
$ 7,100.00 Roof Total

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Sewer

Who Cost Description
Pro 2,600.00 Unexpected: Replaced sewer line from street to porch by order of city inspector because of "increased load on the old line."
Pro 1,900.00 Unexpected: Cut trench in basement floor and run new sewer line in basement
$ 4,500.00 Sewer Total

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Tile

Who Cost Description
Pro

2,955.95

Basement bath tile installation
  619.99 Basement bath, back door landing earth-gauged slate and glass tile (materials)
Pro 1,312.00 Master bath tile installation
  900.00 Master bath Carrara marble basketweave tile (materials)
Pro 4,520.67 Main bath tile installation
  490.17 Main bath subway tile, accent tile, black liner tile (materials)
Pro   Kitchen backsplash installation (barter worth $463)
  606.60 Kitchen salvaged subway tile, art nouveau reproduction tiles, cinnamon slice liner tile (materials)
Pro 440.00 Back door slate tile landing installation
$ 11,845.38 Tile Total

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Tools

  Cost Description
  666.55 Various tools including saws, drills, air compressor, nail guns, stapler, etc.
$ 666.55 Tools Total

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Windows

  Cost Description
Pro

4,349.45

Marvin wood windows for basement and dormer (materials)
Window installation (see Carpentry)
 

210.00

Stained glass rose windows (2) for master bedroom and porch decor (materials)
DIY

229.96

Screen and screen kits (materials)
DIY

195.59

Bronze weatherstripping (materials)
DIY 193.89 Glazing supplies and replacement glass for repairs (materials)
DIY 304.20 Roller shades for main floor windows (materials)
$ 5,504.04 Windows Total

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Wood Refinishing

  Cost Description
Pro 4,070.00 Dipping fees for doors, salvaged trim and a few windows
Pro 2,880.00 Contractor cost to strip built-ins, fireplace mantle, windows and door frames on main floor
DIY 599.45 Silent Paint Remover and scrapers
 

(300.00)

Silent Paint Remover and scrapers sold at end of project
DIY

3,512.68

Various stripping and sanding supplies, stain, rags, varnish and brushes (materials)
$ 10,762.13 Wood Refinishing Total

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Next up, we’ll go into more detail on HOW we paid for all this work with insane construction loans, HELOCs, previous home sale proceeds, and lots of income and overtime…

About author:

User Experience (UX) Design Consultant and Web Producer/Project Manager with an affinity for usable design, kittehs and cupcakes.

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5 Responses to “$257,000: Cost Breakdown”

  1. Eric says:

    This is very informative. Thanks so much for taking the time to pull it all together!

    This comment really seemed to be a good summary: “When you look at it that way, $257K doesn’t sound as insane to build a basically-new house with historical charm.”

    I guess the bottem line is comparing that total to the original cost of the house and the value of the comps today.

  2. Sharon says:

    I think you guys got an amazing amount of work done for your money spent. We blew through $257K a while ago, though we are doing the exterior too.

  3. amy says:

    I stumbled upon your site and I love it! This page is so helpful for considering the costs of building from the bones up. My house in Portland is in dire need of repair, and its worth noting what i am in for.I actually think you saved quite a bit by having friends help as well as the things you guys did. nice work!

  4. Evelyn says:

    Thank you for all your hard work in sharing this information.

  5. Celine says:

    OMG. You are AWESOME. Thank you so much for sharing. Congrats. Your home is amazing.

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