Knowing what to look out for in your renovation quotation helps you make an informed decision on which renovator to engage and minimise unexpected costs down the line.
Pro-Tip: Your decision to engage a renovator shouldn’t be based solely on the lowest price. Other crucial considerations include their ability to meet your specific needs, track record, workmanship, customer service etc. Also, if the price sounds too good to be true, it probably is.
Request For An Itemised Quotation
As every interior firm has their own way of preparing quotations and charges differently, it is difficult to make an apple-to-apple comparison unless they are itemised.
Also, an itemised quotation requires time to prepare, so, you should only expect to receive it before or during the 2nd meeting with a renovator.
Bad v.s. Good Example
Ultimately, an itemised quotation allows you to compare renovation quotes fairly as you can see how you are charged for each specific item.
Disclosure of inclusions and exclusions in renovation quotes
When reviewing renovation quotations, do ask for clarifications on any descriptors you find ambiguous. The goal here is to eliminate any room for misinterpretations or hidden costs.
Bad v.s. Good Example
The key word here is “you” because it is entirely up to your own personal interpretation. Basically, if anything appears unclear to you, just clarify.
Estimates for charges that cannot be calculated in advance to be reflected in your renovation quotation
Your renovators might not be able to provide an exact renovation quote for certain works due to uncertainties or fluctuations in prices e.g. ordering niche supplies from overseas.
In such cases, you should ask for an estimate along with approximate variation costs. This helps you avoid any unpleasant surprises or mark-ups down the line.
Bad V.S. Good Example
Compare at least 5 Renovation Quotations
Unfortunately, renovation is the industry that receives the most complaints in Singapore. This makes it important to hire an interior designer/renovation contractor who is transparent and follows good business practices without your constant prompting. Be sure to do your own due diligence and identify red flags early on.
To make a fair comparison and be extra confident with your decision, we highly encourage you to meet with at least 5 renovators. To streamline your search, we recommend working with interior firms with the CaseTrust mark as it ensures that you’re protected before, during, and after the renovation.
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