Over the course of this project I have found that there are three elements to true construction costs:
- The cost of the material being used.
- The quantity of the material being used.
- The difficulty or labor involved to build an item.
I have often heard that labor makes up 60%-70% of the cost of any constructed item from cabinets to entire homes. I think this is pretty accurate.
I apologize for the elemental nature of this post. If the brevity offends, please feel free to add substance with your own comments on the subject matter.
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