Transparent Renovation Pricing, Explained

Why one-line quotes are a red flag

A reputable Vancouver renovation contractor will give you a line-item estimate covering:

• Labour
• Materials
• Allowances
• Contingencies

If a quote is one round number with no breakdown, you cannot compare it to other quotes and you have no protection if scope changes.

What allowances actually mean

Allowances are dollar amounts set aside for items you haven't selected yet — tile, faucets, lighting. The estimate should specify:

1. The allowance amount
2. What happens if you choose above or below it
3. Signed change orders adjust the total before work proceeds

Contingencies: build them in, don't hide them

A 10–15% contingency line is normal and honest. It accounts for the inevitable surprises behind walls, especially in older homes. Lower contingencies often mean change-order surprises later.

Comparing apples to apples

When you have three estimates in hand, line them up side-by-side and check:

• Is the scope identical?
• Are the same allowances specified at the same dollar values?
• Is the timeline realistic for the work scope?
• Does the contractor's insurance and licensing check out?

The lowest number rarely wins long-term. The clearest scope and most honest estimator almost always does.