When pricing your restoration jobs, it's essential to break down your costs into labor, materials, and your profit margin. Labor rates typically range from $45 to $300 per hour, depending on your shop's reputation and geographic location, with most established shops charging around $125 per hour. For budgeting purposes, account for average job costs; mitigation work may run about $5,250, while repairs can be significantly higher, averaging around $18,900.
To set competitive prices, consider your local market and the complexity of the job. As a contractor, you should also factor in materials and any subcontractors you may need to hire. Aim for a price that reflects the quality of your work and ensures satisfied clients, resulting in repeat business and referrals.
