What Percent to charge for a renovation project only?

Question

Hi Guys ,I'm doing a side project. (renovation for a client)

I know what i would make form a house flip but I have no idea what I should be charging on a renovation for a client .I don't own the property Im just upgrading and modernising the place for a client . New kitchen new floors , new closets , new bathrooms etc

Should I just charge a percent of the whole job .

Its a high end 80K renovation for a luxury condo .Is there rule of thumb I can go by ?

Chris Seveney · Answer

@Jeff Matthews

Cost plus 20% is not out of the ordinary.

Sergey A. Petrov · Answer

Is there a general contractor involved or are you acting as one? A typical GC markup is 10-15%. A project manager running the project from start to finish and overseeing the GC is typically hourly. Hourly rates vary wildly depending on the market you are in and the project manager’s qualifications

Jeff Matthews · Answer

Thank you guys - i used your advice and so far so good the client is good so far .lets see how it goes

What Percent to charge for a renovation project only?

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