July 30, 2019 Edition
Serving all of Fannin County For 47 Years Locally owned & operated
The Paper Of Record for Fannin County Texas
Classifieds are on pages: 14, 17 & 18 224 N. Main St., Bonham, TX 75418 fcleader@verizon.net www.fannincountyleader.us
Circulation 15,428 - Bailey, Bonham, Dodd City, Ector, Gober, Honey Grove, Ivanhoe, Ladonia, Leonard, Randolph, Ravenna, Savoy, Telephone, Trenton & Windom
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architect estimate what the cost will be when you complete the project. Their new cost should account for the increase due to waiting seven years and consider that it will take at least three more years to complete your project once it starts. You have a final dollar cost for the expected remodel, and you go to a group of people to borrow the remaining funds needed to cover the architects
07/02/19
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Continued See Remodel on page 8
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See Page 2
7/30/19
You have lived in your house for quite a few years and have decided to remodel it rather than build a new one. As this is a very involved reconstruction project and you want the best possible outcome at the end, you hire an architect to help in creating the plans and the estimated final costs for your project. You want a show place,
so the architect specifies extremely high-end materials and finishes to achieve the look you want in your remodeled home. You realize you don’t have enough money to do the project right off, so you wait seven years until you get help with the total payment from another source. Over these seven years though the price for the project has increased and you need to account for this by having your
price and the actual price bid. Maybe the architect working on your project missed something or worse was not familiar enough with a project such as yours to give a valid estimate. No matter what the cause – you need to find out why. Instead, you decide to ignore all indications that there is something wrong with your cost estimate and proceed to re-bid your project. This time though you will change many of the high-end items in your first drawings to something that will function the same but is much cheaper.
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record of doing dozens of projects on time and on budget. Looking at the work put into their bid, you can see just how much they tried to match exactly what the architects plans called for. You realize right off you don’t have enough money to make your dreams a reality. Based on your first builders’ credentials, most homeowners would have requested a stop and gone back to the architect to ask why there was such a difference in their expected
Honey Grove (903) 378-2200 Fax (903) 378-2436 P.O. Box 9 901 E. Main
expected price. You now need to find a builder to make your dreams a reality using the best workmanship and materials that are specified in your architect plans. Imagine your surprise when you only get one builder to bid on your project and his price is 87% higher than what your architect told you it would be. The builder is highly respected in the community, is a go to resource throughout the area for many other projects just like yours, and they have a track
Would You Remodel Your House This Way?
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