What’s the Difference Between an Estimate and a Quote? Here’s Why It Matters for Your Remodel
If you’re planning a remodel, you’ve probably heard these words used interchangeably: estimate, quote, bid.
But they’re not the same — and knowing the difference can save you from nasty surprises mid-project.
At The Building Company, we think homeowners should understand what they’re looking at when they compare contractors. So let’s break it down.
🧮 What’s an Estimate?
An estimate is an educated guess — a ballpark based on assumptions.
Estimates are usually free and fast. They’re meant to help you understand whether your dream project is closer to $30,000 or $80,000 — not to lock in a final price.
Estimates are based on:
- Broad scope ideas (remodel a kitchen, build an addition)
- Typical material and labor costs
- General site conditions
At this stage, there usually aren’t finished plans, selections, or detailed specifications. So the number can change — sometimes a lot.
📋 What’s a Quote?
A quote (sometimes called a proposal) is a fixed, written offer.
Quotes come after detailed design work, site visits, and final selections. They’re legally binding once you sign — and they spell out exactly what’s included, from demo to finishes.
A quote is based on:
- Approved plans or design drawings
- Confirmed material choices (cabinets, tile, fixtures)
- Detailed scope of work
- Site-specific conditions (access, code upgrades, structural work)
Because a real quote is detailed, it takes more time — and often requires a pre-construction agreement to develop accurately.
⚖️ Why It Matters
The biggest problem we see? Homeowners comparing a ballpark estimate from one contractor to a detailed quote from another — and wondering why the numbers don’t match.
When you compare apples to oranges, you’ll get burned. Cheap estimates that turn into bloated final bills are one of the top reasons remodels go off the rails.
A contractor who takes the time to develop a clear quote upfront is protecting you from:
- Cost overruns
- Scope gaps
- Endless change orders
- Surprises that could have been avoided
✅ How We Do It
At The Building Company, we start with an estimate range based on your goals, neighborhood, and type of remodel. Then we guide you through design and selections so we can lock in a fixed quote that reflects your final scope.
This is how we keep your budget real — and your expectations clear.
🧠 Tip for Homeowners
Don’t shop for remodelers based only on the lowest estimate. Shop for the one who takes the time to understand your home, your goals, and your priorities — and is willing to spell out exactly what you’re paying for.
Ready for Real Numbers?
If you’re planning a remodel in Spokane or North Idaho, let’s start with a conversation. We’ll help you get clear on where you stand — and what it will really take to make it happen.
📱 Call or text:509-625-6500
📧 Email: info@pnwbuild.com
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The Building Company is a proud member of the National Association of Home Builders (NAHB) and the National Association of the Remodeling Industry (NARI). We stand by our quotes — and our word — every step of the way.
