One of the primary elements of any home remodel is the expense involved with the project. One of the confusing issues that homeowners come across when dealing with finances and planning is the difference between estimates and quotes when dealing with contractors.
What’s the Difference?
Although they might seem similar, there are some major differences between estimates and quotes. In most cases, the circumstances involved will determine which one will be presented by Remodeling Contractors. The main difference between these two aspects lies in their exactness.
A quote refers to a financial offer related to a contract and is constituted of the exact expenses a contractor will charge for their services. An estimate, on the other hand, is an approximation of what a particular project would cost after the contractor has completed a professional evaluation. This means that the numbers involved with an estimate are likely to change when the project commences, while a quote will remain the same.
Which Is Better?
If you’re working on a strict budget, insisting on a quote is the best way to have a clear picture of the potential finances involved. An estimate can be requested when you’re not sure about the work you want done and are still at the planning stage of your remodel. We offer the best remodeling services in town, so call us today! Exponential Construction, your preferred contractor.
