Electrician Estimate - seems very high

[Gabriel Miritello]

hello all

I have a house 3/1 single story, 1200sqft, 1950s home with a crawl space and clean attic that is in 10 day contingency period. I had a reputable electrician give me an est and he said the whole house needs rewiring- including taking from 100 amp to 200 amp. I talked to my general contractor and he agrees. It is either old in some places or the home owner ran wires that do not look right in others. I got an est back for $18k. I have not had to rewire a house yet just small electrical. Is $18k the going rate now days? Or does that seem high? 

Time is limited and with holidays i won't be able to another electritian in there to estimate. I may have to walk on the deal if thats the going rate. 

Thanks

[Adam Elbary]

Originally posted by @Gabriel Miritello:

The Home is in Savannah, Ga

I am an electric and plumbing contractor in Florida, shouldn't be a huge price difference from my area to GA.

our pricing is 248/drop

so count every (Light switch, outlet and fixture (lights etc) ) and multiply that by 248

so #of drops X $248 = total for rewire

then add about $5,000 for the panel and that will give you a pretty good idea where you should stand, after that give or take $1500 and that'll give you a range!

hope that helped any!