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How much does a Builder cost on average?

Average Price
$300 - $400 per day

How much will I pay for a Building Contractor?

The job of a general contractor can’t be overemphasized, especially if you want your building project to be successful and completed within record time! Read on to find out how much you’ll pay when you hire a general contractor.

What is a General Contractor?

A general contractor is a professional who oversees all activities that happen on a building site. They’re responsible for making sure that work proceeds as planned, managing the crew that works on the site (as a foreman), providing materials and the labor needed to make sure the construction project is successful and staying around until the job is done.

Typically, the general contractor is hired by a client, architect, or the project’s engineer, especially when these people cannot be readily available for the job at hand.

Why you need a General Contractor

Hiring a general contractor is necessary for your construction projects. Just in case you’re not yet sure, here’s why you need the services of a general contractor:

  • A general contractor takes a lot of stress off your shoulders, giving you the time and space to focus on the things that matter to you the most. When a general contractor is on the scene, you don’t have to worry about being too involved in the construction process, because they’ll understand what you need and will be well equipped to organize all the available resources. 

  • A general contractor has access to a vast network of professionals and handymen who have the skills to make your project successful. Once you’ve hired the right general contractor for your construction project, you may not have to worry about hiring any other person because the contractor takes it up from there.

  • Hiring a general contractor will be a cheaper choice. This is because most general contractors have access to people who can provide material and resources at discounted rates - saving you time and money!

How much do General Contractors charge in America?

General contractors charge different amounts, but the two most common pricing structures are: 

Pricing StructureAverage cost
Percentage of the entire project cost 20 - 30% in total
Daily cost $300 - $400 per day

What affects the price of hiring a General Contractor in America? 

Prices differ, and this depends on a few reasons including: 

  • Location

  • Individual vs. agency 

  • Expertise/experience level of contractor

Location 

Location is one reason why the price of hiring a general contractor can vary a lot. When your project site is in a place with a high cost of living (like the center of New York), rest assured that you will have to pay more to your general contractor. If you do not want to spend a lot of money, you may want to consider building at a place that isn’t expensive in terms of the cost of living.

Individual/agency

An individual will always charge less than an agency. This also applies to general contracting. Except you can afford it, you may want to stick to individual general contractors. 

Expertise/experience level of contractor

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 are capable as well.

Hiring a Builder - is it worth the cost? 

Hiring a builder is well worth the money for anyone interested in completing their project to a high standard! 

A builder will make sure that all activities which go on in a building site are as planned and meet all required standards. They serve the purpose of maintaining order and seeing to it that work progresses in a building site. It’ll save you time and money too! 

To get a more detailed breakdown of how much you will need to hire a General Contractor, request a quote from any of the General Contractors around you on Bark today!

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