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How Do Our Prices Compare With Other Contractors?

How Do Our Prices Compare With Other Contractors?

polli construction lawn sign
 
The other day someone asked me, “Are you guys cheap or expensive?”
That’s a loaded question for sure, but it deserves an honest answer, so I told him the truth: Our prices are realistic, not expensive.
 

In order to explain what that means I have to draw some distinctions between our approach to business and the methods used by other contractors in Chittenden County, and I want to be really clear here. This article is not about slamming our competition, or implying that only Polli Construction will do a good job for you. Making that claim would insult your intelligence and damage our credibility – two things I have zero interest in. We know the longstanding contractors in this market and have nothing but respect for the work they do. Many of them are even friends of ours. This is Vermont, after all. Friendly competition is still alive and well here.
 

But construction is like any other industry – you’ll find the good and the bad and everything in between. For every contractor that does quality work for reasonable prices there are several others that give homeowners unrealistic expectations. These contractors may be skilled at construction, but terrible at managing a business, and the decisions they make hurt themselves as well as their customers.
 

We’ve been in business for 30 years and have learned a few things in that time. Here are a few principles that influence our pricing.
 

A Contractor Needs Financial Stability

One of the biggest reasons contractors go out of business is because they underbid on projects. Like all industries, construction has an ebb and flow that requires planning and experience. You need to know how long a project will take and how many resources you need to do the job right. Some contractors underbid on projects and discover, much too late, that they underestimated how long the work would take to complete. They ultimately pay a high price for their mistake, and in turn, they ask you to share the burden.
 
construction contractor shaking hands with homeowner
 
We’ve seen this happen many times. Talented and hardworking contractors start up a business and then fail to achieve financial stability. If even one project goes way over budget, it’s hard for them to recover. Most of these guys go out of business within two years, which leads to our next point.
 

If A Contractor Goes Out of Business, They Cannot Back Up Their Work

We hear the same stories from homeowners every week: They hired a contractor to do a job cheap, often paying them in advance, and got left with a half-finished job.
 

First, you should never pay in advance after you’ve put down a deposit. It’s customary for a contractor to require a deposit to put you on their calendar. After that, you should only pay for completed work.
 

What’s worse is that these contractors often sell the homeowner on 10-20 year warranty. And guess what happens when a problem pops up a couple years down the road? The contractor is nowhere to be found, most likely because they are out of business.
 

It’s a cliché, but it’s true – you get what you pay for. If a contactor does not charge a fair rate for their work and the company goes belly up, their guarantees will mean nothing when you need them again.
 

The Construction Industry Has Many Unqualified Contractors

Starting a construction business is not like opening a restaurant, where the overhead requires a significant investment of time and money. In our industry someone can lease a truck, sign some paperwork, slap a sign on the truck door and presto! With less than $500 down, he or she is now a contractor.
 

These people often have minimal skills, no business plan, and little sense of responsibility to the customers. They work on the cheap though, and if you get one that knows what they are doing, count your lucky stars. Construction is filled with unqualified contractors who devalue the work and follow through with shoddy craftsmanship. Homeowners get burned as a result, making it that much harder for a respectable company to come in and fix the problem for a fair price.
 

Integrity and Credibility Matter More Than Anything

Nothing is more important than integrity and credibility. We earn trust from our customers by staying consistent with every quote and every project we’ve done. Some contractors will find ways to beef up their estimates when they sense the customer has deep pockets. Not us. Material and labor costs are the same for every project – no matter if it’s a mansion on the lake or a little house on the prairie (if there were prairies in Vermont).
 

We don’t shoot from the hip when it comes to prices. Every quote is reviewed by at least two experienced managers who check it for accuracy, making sure the proposed price will get the job done right.
 

A Skilled and Experienced Crew Is A Good Investment

Polli Construction invests a great deal in our workers and we are constantly looking for more good people. We have skilled young guys in their twenties working alongside middle-aged workers who know the work inside and out. When you hire us to do a job, you are investing in some of the best construction talent in Vermont.
 
polli construction carpenters working
 

Polli Construction’s Prices: The Bottom Line

When we say our prices are realistic, we mean that. It’s the most accurate answer we can give.
 
We are not expensive, but we’re not cheap either. If you asked, we could name ten contractors who charge less than we do and ten contractors who charge more. When you get a quote from Polli Construction, it’s an assessment based on years of hard work and experience with projects similar to yours. You will get a price from a company that’s built its name on trust and credibility for 30 years.
 

And if you hire us, you are supporting a local business that takes care of itself as well as its customers. We intend to be around for a long time, so we’ll be here when you need us.

 

Curious about the cost of your project?
Call us at 802-482-5777 or email estimate@polliconstruction.com.

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