Another red flag when choosing a contractor is high-pressure sales tactics, like pushing a "temporary" low rate. "Often prices will change over the course of a month or so because material cost increases or general rate increases, but you should watch out for short-timeframe sales tactics," Bennett says, noting that finding a contractor who offers market-value pricing with detailed analysis of the costs is going to be the most reliable hire.

Bennett also says to beware of contractors who badmouth their competition when trying to win your business, adding that they should be talking about the strength of their own service rather than trying to drag down others you may be considering.

Finally, beware of contractors who talk up the return on investment you'll get for the project you're considering. Bennett says some contractors will try to overstate this to get you to spend more. "Do your research," he says. "If you live in an area where house prices per square foot exceed construction prices per square foot, many projects can be recouped. Otherwise, it often takes many years for a remodel or addition to add value to the market price of a home."

<< Devilish Details I Upfront Money >>

Comments