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Price Quote

Prepared For:

John & Jane Doe

Date: October 12, 2XXX

Homes For All Seasons

Rt. 3, Box 130

Terra Alta WV 26764

(304)789-2673

WVCL 002222

Price Quote

Next Available Framing Start Date (Subject to Change): May 1, 2XXX

General Description:

One-story ranch home with Alside Low-E insulated vinyl windows with full screens and grilles, ceramic and hardwood floors throughout, blind-joint stone veneer on front porch and Alcoa Dutch lap vinyl siding rest, six-panel interior doors, stained poplar interior trim, LP gas central heating system, and seeded yard in areas disturbed by construction, as per sketches attached.

Square footage:

Price (excluding tap and permit fees):                                         $186,422.

Allowances at Contractor’s cost:

All prices assume that materials not yet specified will be in conformity with the size, style, and local market of the home. Prices have been calculated using the cost of materials and labor as of the date shown above and are subject to change without notice.

Homes For All Seasons Inc., by:

                                                                      (Date)

Foundation
ü 50’ by 12’ crusher run driveway
ü Hand formed, minimum 8" thickness monolith pour concrete footings
ü 8" parged block foundation (16" minimum ground clearance to non-treated framing material)
ü Sealant between all block and sills
ü Closeable foundation vents
ü 6 mil polyethylene plastic vapor barrier on crawlspace floor
ü Footing drain (in case there’s a spring under the house)
ü Seeded or mulched (your choice) landscaping in areas disturbed by construction

Framing
ü All centers at 16" - floors, walls and roof (no 24" centers)
ü 2X6 exterior walls with R19 fiberglass insulation
ü Cut rafter cathedral roof system with R30 fiberglass insulation
ü Multiple beam no-bounce floor system with R19 fiberglass insulation
ü Blind-joint stone veneer on front porch
ü Alcoa/Mastic solid vinyl Dutch lap siding
ü Alside vinyl tilt double-hung insulated Low-E/Argon windows with full screens and grilles
ü ThermaTru Insulated steel entrance doors
ü Class A Owens-Corning Supreme 25-year shingles over triflex underlay with ice guard
ü Maintenance-free cornice - vinyl soffit and aluminum fascia and Alcoa 32-gauge guttering

Plumbing and Heating
ü Winterizable water supply with shut-offs and system drain
ü Four exterior hose bibs with winter-proof drain system
ü Aker one-piece fiberglass tub/shower in hall bath
ü Aker one-piece shower with glass enclosure and whirlpool tub with ceramic tile in Master Bath
ü Elger 1.6 gallon flush toilets
ü One-piece custom made cultured stone vanity tops
ü 50 gallon energy efficient LP gas water heater
ü Energy efficient Carrier LP gas forced-air furnace with insulated ductwork

Electrical
ü 200 AMP, 40 circuit thinwall breaker panel
ü GFI circuits for all bath and exterior receptacles, and all kitchen receptacles within 6’ of sink
ü Three television - antenna, cable or satellite ready - and three telephone outlets
ü Three ceiling fans with separate light and speed de-hummer wall controls
ü Nutone 100CFM bath vent/lights with night light

Trim and Finish
ü All walls and ceilings finished with ½" drywall with 10-year, high quality wall paint over prime coat
ü Stomp-coat textured ceilings
ü Blueboard drywall on walls to be tiled
ü Cement board on floors to be tiled
ü Stained poplar interior trim (base, casings, railings, etc.) in your choice of six stains
ü Painted wood-grained six panel interior doors
ü Closet Maid coated wire modular shelf systems
ü Ceramic tile floors in Kitchen, Baths and Laundry
ü Genuine 3/4" tongue-and-groove hardwood flooring (ash, oak, or elm) in rest of house
ü KraftMaid oak, hickory, or maple cabinetry (your choice)

Other
ü Custom drafting of all plans
ü Full two-year warranty covering everything except the light bulbs
ü Readable contract with complete materials specifications (No substitutions without your
        approval)
ü All work done to applicable state and local codes and deed restrictions
ü Contractor is fully licensed and insured

Change Orders and Inspections

Our liberal change order policy allows you to change anything you wish. Charges for change orders are agreed to in advance of the change. We don't wait until the house is complete to tell you where you stand. You will know immediately how much a change will cost. This will give you the opportunity to weigh the advantages of the change against the cost.

We invite you to visit the job site whenever you want, but there are three important events which usually require your presence. First, you should be present when the house is located and "staked out" on your lot. At this time we pay close attention to saving large or unusual trees, getting the optimum setback from the street and adjoining lots, and obtaining the best views.

Later, we want you to inspect the framed-in house to make any last minute adjustments or alterations. We also want you to see the quality of materials and workmanship which make up the framework of your home.

Lastly, we take you on a walk-through of the completed home to note any problems or defects which may have missed our attention. These items are then corrected. But even if you miss something, you have our two year warranty period to let us know.

Draws

Whether you are paying cash or financing through a bank, our draw system is set up to provide you with the maximum assurance that all the work is done at each stage of construction before we are paid. Your contract will contain a list of draws spelling out the work that will be required for each draw and the amount to be drawn. When we are ready for a draw, you or a representative of the bank will inspect the work. This system assures you that no money is advanced without completion of the work required for each draw. Your draws will be structured and timed approximately as follows:

                                             DRAW              AMOUNT                   TIMING                                       

Final Payment

When the house is complete, we receive our final draw and meet with you to go over your Final Statement. This statement itemizes your allowances, with over- and under-spending, and any change orders and extras you may have had. At this time you will be given written explanations of such things as warranty claim procedures, emergency repair phone numbers, and summer- and winterization tips.

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