What are allowances?

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What are allowances?

We usually specify product cost allowances in our proposals early in the process to establish a remodeling budget. Unless you have a specific item in mind we will include an allowance amount. Here’s an example, say in your kitchen remodeling proposal we include a faucet allowance of $700. If you select a faucet with a price of $600 you’ll get a $100 credit. If you spend more you’ll just have to make up the difference. Be aware of remodeling proposals with low amounts for allowances. This is a common way for contractors to provide a lower cost estimate than other contractors.

By Chris Rosseland|2018-10-07T14:20:55-05:00October 7th, 2018|0 Comments

About the Author: Chris Rosseland

Chris has been remodeling and building in the Chicago area for over 30 years. He has the experience and knowledge to guarantee a successful home remodeling or building project.