Building Solutions for Grenada

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The Builder's Guide

The  magazine is the most trusted source for building  services in Grenada and a must for all potential homeowners to assist them in building better and safer homes. Our experienced editorial team have worked for many years in the construction sector. US$38.95

Price Too High

Q We just received the breakdown on the cost of every item along with the builder’s markup for profit, do I have any negotiating power with the builder. We really love the house design but we feel his price is too high. Is their any way of getting the builder to come down? V. Smith

 

 

A The construction market is very competitive and quality builders are in high demand. That said, most builders usually provide an “allowance” for kitchen, bathroom, tiling etc. For example, if there is $10,000 allowance for kitchen and the homeowner chooses a kitchen that costs more, the homeowner will need to pay the difference. If the kitchen selected costs less, the money is reimbursed to the homeowner. During negotiations, visit the workshops of the designated contractors and determine whether you can work within the allowances.

 

Some builders give the homeowner a “homework list” that details what types of fixtures and appliances they will need to decide upon as a guideline, a starting point for their research and decision-making

you can negotiate hard on these prices, the builder may give in for a lower profit margin or consider none essential features  and fittings that can be added at a later stage.

 

 

 

 

 

 

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