Tag: final accounting

August 31, 2022 – Shop Siding, Before and After

It is a good thing that I am done because summer is almost over. I ended up finding more rot in the facias and I debated leaving it. Ultimately, I decided that I had everything setup and I was in the mode, so I ended up spending a full day taking care of the unexpected damage. But, it is done.

As I like to do, I thought that I would provide some project accounting. What did this project really cost?

Hardware$111
Paint$45
Siding$555
Lumber$34
$746

I did spend more than this, but they were unrelated costs to the project. They were expenses for my home and apartment that I picked up because I was already at the store. It is possible to argue that I may not spent the money if I wasn’t already purchasing project supplies.

I wish that I had kept better track of my actual hours. I should know that I am going to write about it by now. I am just going to have to make an guess at this point.

SidingDemo12
SidingSheathing/underlayment10
SidingPainting26
SidingInstallation12
SidingFinish5
SidingMaterials Purchase15
Siding Subtotal80 hrs
FaciaAll work20
Total100 hrs

My biggest labor expense was in painting. I did paint everything by hand and every exposed surface got a primer coat and two topcoats before installation with touch-up afterward. Had I installed everything then shot it with a sprayer, I am sure that I would have driven that cost down to 8 hours. I also feel like some of my trips for materials were wasteful. I had to replace the Hardi boards that broke as I was unloading and I made one trip to purchase a 15 degree finish nailer plus caulk (more on that some other day).

I am giving myself a raise on this project because of inflation. If I estimate my rate at $35/hour then my labor is $3500 and my overall cost is $4246. A smart contractor is going to add some contingency to the job, like 20%. I would estimate the overall value of the project to be $5000.

End Your Programming Routine: The project actually totaled more time than I expected. It was the painting phase that seemed to really drag on. Of course, most weekends I spent some time but not really sun up to sun down or even a straight eight hour day. The truth is, I didn’t really feel like I needed to work that way. But now, I need to move onto other things while the weather is still good. It feels good to finish however.

August 5, 2021 – If I Only Had a Desk

As I was milling around trying to figure out what I wanted to write about today, I was looking at a laser sight that I have had ready to mount for over a year. My next planned range trip was supposed to be in March and now it is August. So what I am saying is that I am going to skip ‘Tacticool’ Thursday.

Today, I am going to wrap up the office project with some numbers. I am deep into re-roofing my shed at the moment. That means that I am slowly moving stuff into the office and tinkering. What I am trying to say is that I am moving on here so it is time to get the results published.

What is currently missing is a desk, which is on order and a couch which is upstairs but we need to get a replacement. If I have all my plans come true, then I will build a table to fit behind the couch where the stereo system will sit. The rear speakers would be mounted. I am on the lookout for a inexpensive flatscreen TV that will sit behind the door and I could also project from the computer onto it. Regardless of all that, as soon as my desk arrives, I can move in.

Below is a breakdown of my hours on the project.

ActualEstimateDescription
24clear out holiday area
22remove west floor system, cleanup
42remove south side drywall
44install sheeting
88build floor
48frame east wall
48frame west wall
3.58frame south wall
48frame north wall
198electrical
9.58insulation
248interior drywall
88paint
3.58exterior drywall
148install door
50finishes/trim
118.5100.00

I talked about my expected overages earlier so that is not a surprise. It shouldn’t be a revelation but I am a little shocked at how much time the finish work took versus the overall build. By that I mean sheetrock, paint, trim. In my first vision, I wasn’t even going to do any of that.

Now, here is the real shocker to me. The little things that add up. What if I put down an finished floor? What if I didn’t have fasteners or a baseboard heater laying around or didn’t buy a used door or common lumber? I suspect that the cost could have been double what it was.

3/6/21$60Door
3/30/21Monmouth Hardware$6.44Electrical boxes
4/4/21Lowes$49.99Wire
4/11/21Home Depot$64.97Lumber, Felt
4/11/21Home Depot$69.03PT lumber
4/17/21Home Depot$156.50Insulation, screws
4/18/21True Value$19.10Lockset, shims
4/23/21Rickreall Bargain Shed$150Plywood
5/3/21Rickreall Bargain Shed$110Framing lumber
5/9/21Home Depot$56.60Lumber, Insulation
5/16/21Home Depot$128.18Insulation
5/21/21Amazon$15.10Coax
5/29/21Home Depot177.96Drywall, Electrical
6/8/21True Value27.4Adhesive, Primer
6/13/21One Stop$17.18Joint tape, snips
6/15/21Home Depot$91.24texture, painting supplies
7/5/21Lowes$2.68Caulk
7/21/15Amazon$19.76Router bit
$1,222.13

Places where I cut corners on the cost were

  1. Reused existing drywall
  2. Reused 12/2 cable, outlets and etc
  3. Recycled door, heater, light fixture
  4. Paint was on hand with the exception of drywall primer
  5. No finished floor

The one place that I splurged at minimal cost. It was largely labor in the electrical category.

  1. Surround sound wiring
  2. Wired Phone, Data, TV and FM signal

Overall, I am happy with the outcome and feel reasonably satisfied with the execution. I can always do better but it takes practice, analysis and a plan. One thing that I wish I did better was drywall finishing. My joints and corners are rough. If I was doing this professionally, I would have to pay someone to feel good about the results without a lot more practice or instruction.

End Your Programming Routine: I think one of the intangibles with how I have been working is that the project is literally right next to me. The number of times things came to mind either fiddling around with something or planning is not factored into the hours estimate. If this were a job, conceivably more time per task may have taken because I wouldn’t have the luxury of seeing it all day long. I am looking forward to moving in within the next few weeks.