The Budget for Maggie & Ed's Renovation

The Budget for Maggie & Ed's Renovation

9c44ee4002f69115513ccb21a3e75664fbd02d1d?w=240&h=240&fit=crop
Tess Wilson
Apr 10, 2015

Name: Ed and Maggie Williams (of MVW Architect)
Type of Project: Multi-Room Renovation
Location: Freret, New Orleans, LA
Type of Building: Craftsman-style shotgun double

The Renovation Diaries are a collaboration with our community in which we feature your step by step renovation progress and provide monetary support towards getting it done in style. See all of our Reno Diaries here.

We recently introduced Maggie and Ed's ambitious plan to transform their current kitchen and dining/music room in to usable spaces for cooking, dining, and working. They'll be augmenting the amazing existing elements of their 100-year-old home with materials such as quartz countertops, cork flooring, and ceramic tiles. Let's see how they've budgeted for such an undertaking!

From Maggie & Ed:

"Considering the extent of construction work that is involved, we decided to hire a general contractor for our renovation. In the past we have attempted to tackle some smaller construction projects ourselves and have found that, for us, it is best to just go with a pro for the sake of our sanity, sleep, property value, and marriage :) This renovation is also a 30th birthday present from Ed (thank you babe!) so hiring a GC seemed like the wise move for our project.
I am planning to assemble the Ikea cabinets myself, and we are going to do a few minor painting projects, but everything else will be the contractor.
We are going to sell our old appliances, sink, and faucet to offset as much of this cost as possible."

Budget Specifics:

LABOR:
General Contractor: Crescent City Comeback, LLC: $24,330 Quote includes everything except building cabinet frames, furnish and install of countertops, and painting of music room & chalkboard paint on pantry doors, covers the following:
Demo/Disposal & Site Maintenance: $3,100
Frame Carpentry: $840
Electrical: $2,950
Drywall & Paint: $3,835
Finish Carpentry: $4,000
Tile work: $600
Plumbing: $3,260
HVAC: $500
Flooring: $1,190
Overhead/Profit/Permits: $4,055
Total: $24,330

DESIGN FEES:

Countless hours of Maggie's time: Priceless

APPLIANCES:

Dishwasher: Bosch, $600
Refrigerator: Frigidaire Gallery Side-by-Side, $1200
Range: GE, $0 (a wedding gift from Maggie's parents, thanks Susan and Bruce!)
Microwave: GE, $250
Total: $2,050

FIXTURES:

Sink (bought this months ago when I spotted a great sale!):$89
Faucet: Giagni Fresco, $169
Pendant lights for Music Room & Laundry: $0. (bought from Crate & Barrel with wedding gift certificates, thanks family and friends!)
Under-cabinet Lights: $75
Total: $333

CABINETS AND COUNTERTOPS:

Ikea Cabinets: $4,230
We are hoping to get quartz countertops at around $65/SF for 40SF = $2600 + $300 (sink cutout & trip charge) = $2900
Total: $7,130

FLOORING:

Cork Flooring for the music room: $300

FINISHES:

Music Room Paint: $50
Chalkboard Paint: $25
Backsplash Tile: $10/SF x 24SF = $240
Stripping & Refinishing of 2 Doors: $70/door at Strip-Ease + Tung Oil = $150
Total: $466

OTHER BUILDING MATERIALS:

Stacking kit for Washer/Dryer: $30

DECOR:

Curtain & curtain rod for kitchen window (to match existing dining room curtain): $40
Kitchen island stools from Ikea: $60 each = $180
Total: $220
Total budget:
$34,859

Overall Project Schedule:

Assemble cabinets: 2 weeks

Contractor construction schedule: 2 months

Paint music room and refinish stripped doors: 2 weeks

Total time: 3 months

Check out the full series (so far) and be sure to join us next week as Maggie and Ed's renovation gets underway.

(Image and diary text: Maggie and Ed Williams)

Created with Sketch.