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Window Trim pricing (complete)10/24/12
I'm figuring some interior trim pricing and would like some input. Does anyone think the following figures are out of line or too low??
This is all broken down to lineal footage pricing...jamb extensions and window seats all made and finished in house.
3 x 3 Window 2 x 4 walls---$89.75
By the way....I'm in the middle of the country where house prices average about 85-90 bucks a square foot.
Yes, way low. Assuming your pricing includes trim material, finishing and installation. I'm in NC.
I'm not following your pricing method at all, but it's still too low! Is it 3' x 3' windows? 2 x 4 walls? Might be easier if you give us a running total of trim in linear feet, and then total number of windows.
Even without knowing exactly what your doing I know I wouldn't even do just the installation for $200! Have you counted the cost of materials, overhead, and labor?
If you can provide a little more detail we may be able to give better advice.
I'm trying to come up with a base figure for a given window size. 2 x 4 is the thickness of the wall that the window is in so you would have an idea of jamb extension size.
Now, when I do the math and put the numbers all together for those size windows, the numbers given above are what I come up with.
OK I'm going to have to make a bunch of assumptions here.....
I'm assuming your buying off-the-shelf casing and marking it up to come up with your prices of $1.85 lf? As that's likely too low for even basic custom. If so I usually mark up material for this type of work about 15%, so if your in that neighborhood your good.
I'm assuming your charging $.55 per foot for the entire finishing process? Which I can't imagine you'd be competing with anyone anywhere? My understanding is that most guys when they bid this type of work bid per coat. Now if you double it and charge per 2 coats I think you might make a little money. If you charge per coat you may be expensive....but only b/c that's a lot of coats. Trim work for me would be 1 coat of stain and if I top coated, (which I don't), it would be 2 coats. So you'd be charging 3 x $.55 for the finishing. Small jobs are much tougher since you need a certain minimum just to cover the material costs before you even start hitting labor costs. So you may need to charge more for a smaller job like this, than you would a job with hundreds of lf..
As for your installation I don't do this type so I can't help you there. But if your buying material, finishing material, delivering and installing that material all for $212....I just don't see how you can make any money?
Here's a job I recently finished up which is a different situation, but may help? I ran a custom 3-3/4" red oak chair rail sanded with 1 coat of stain for $3.66 per lf.. Knives and setup fee were a separate flat charge. Broken down I charged $1 per lf for the sand and stain. It worked out well for the base and cap, but came up a bit short for the casing. So that even at $3.66 I should have been a little higher. I planned on roughly 15% waste and it worked out OK.
Now different parts of the country are going to price things all over the map. However, no matter where you are you need to know that your making money at the end of the day. So step back and look at it like this, how long is it going to take you to do this start to finish? I can't see it being any less than a full day and likely more. Now starting with $212 and deducting for all the materials your going to use....how much is left for you? And is it worth it for you to work for that? I know I couldn't work for under $200 a day and keep my doors open:(
Thanks for your help.