Adding a new fence to your property will bring many benefits, such as aesthetic appeal, enhanced security, and value.
But what about pricing? How do contractors price a fencing job? This guide will explain the process.
To effectively price a new fencing job, your contractor follows these rules:
Scope of work
The scope of the work includes:
Fence types include wood, vinyl, aluminum, and chain link. Each has different material and labor costs.
Fence height and length: Accurate measurements of the area to be fenced are important for material calculations.
Gates and sizes: Because gates are usually made of different materials and require extra labor, the number and size of gates affect the price.
Terrain and size of the area: Sloped land, rocky soil, and existing structures can all affect labor and equipment requirements.
Removal of an existing fence: The cost increases if you have to remove and dispose of an existing fence.
Additions: Custom designs, intricate details, and special materials must be factored into the pricing.
Estimation of materials
Material costs are calculated as follows:
Accurate measurements: Precise measurements of the fence line and gate openings are taken.
Material quantities: The number of posts, rails, pickets, panels, concrete, fasteners, and other hardware are calculated.
Supplier quotes: Suppliers are contacted for quotes on materials.
Waste: A percentage, typically 5-10%, is factored in for damage and off-cuts.
Labor cost
Labor is one of the biggest costs associated with building a fence.
Crew size and experience: Installers with extensive experience work faster and more efficiently, which can save money on labor compared to inexperienced crews.
Labor rates: Hourly rates are figured based on wages, insurance, benefits, and taxes.
Installation time: The installation time is figured based on each phase, such as site prep, post setting, fence building, gate installation, and cleanup.
Equipment required: The need for specialized equipment, such as post-hole diggers, concrete mixers, power tools, and skid steers, is also factored in.
Travel time to the job.
Overhead costs
Overhead is the cost of running a business like:
Vehicle and equipment maintenance.
Insurance and license fees.
Marketing and advertising.
Office expenses, including rent, utilities, phone, and internet.
Profit margin when pricing a fencing job
This is the percentage added to the total cost to guarantee profitability. Factors influencing this margin are competitiveness in our specific marketplace, the project complexity, and overall business goals.
Final Price
To accurately price a fencing job, all costs are added up to arrive at the final price for your job.
Total material cost + Total labor cost + Overhead costs + Profit margin = Final Price
As a consumer, always ask for a clear and detailed quote and look for a reputable contractor like Premier Fence. We specialize in honest, straightforward quotes on residential and commercial fencing projects.
Our team looks forward to working with you on your next project. Schedule a free estimate today!
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