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Need a builder to help with an upcoming project but confused about costs? In this guide, we’ll walk you through all you need to know about the cost of hiring a general contractor!
A general contractor oversees all activities that happen on a building site. They make sure that work proceeds as planned, manage the crew that works on the site (as a foreman), provide materials and the labour needed to make sure the construction project is successful, and stay onsite until the job is done.
Generally, the general contractor is hired by a client, architect, or the project’s engineer.
There are many reasons why you should hire a contractor for your building project. Here are just a few:
A general contractor takes a lot of stress off your shoulders. When you hire a general contractor, you do not have to worry about being too involved in the construction process, because they understand what you need and will be well equipped to organize all the available resources to deliver satisfactorily.
A general contractor has access to a vast network of professionals and handymen who can make your project successful. So, picking the right person indirectly means that you’ve automatically hired all the right people for your project.
Hiring a general contractor is cheaper than doing everything by yourself. This is because they'll have access to people who can provide material and resources at discounted rates.
General contractors charge different amounts, but the two most common pricing structures are detailed below:
| Pricing structure | Average price |
| Percentage of the entire project cost | 20 - 30% |
| Hourly | $20 - $120 (per hour) |
As you can see, prices differ! This depends on a few reasons including:
Location
Individual/agency
Expertise/experience level of contractor
This is one reason why the price of hiring a general contractor changes. When your project site is in a place with a high cost of living, hiring a general contractor will cost more. To cut down on unnecessary costs, you may want to consider building at a place that isn’t expensive in terms of the cost of living.
An individual will always charge less than an agency. This also applies to general contracting. Unless you can afford it, you may want to stick to individual general contractors.
It will cost more to hire a highly experienced general contractor, than if you hire a mid-range contractor. To cut down on extra costs, you may want to consider hiring contractors that are a bit less experienced but capable as well.
The job of a general contractor is key to any building project, especially if you want it to be successful and completed within record time.
General contractors are professionals whose job is to make sure that all activities go on in a building site as planned. They serve the purpose of maintaining order and seeing to it that work progresses in a building site.
To get a more detailed breakdown of how much you will need to hire a General Contractor, request a quote from reliable, local General Contractors on Bark!
The average rating for Bark Builders is 4.71, based on 5,346 reviews
5/5
based on 5,346 reviews
