Question

Mrs. Publinsky and her husband, Xander, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the White Mountains. The plans show the size of the house to be 2,500 square feet. The average price for a lot and house similar to this one has been $124 per square foot. Fortunately, Xander is a retired plumber and feels he can save money by installing the plumbing himself. Mrs. Publinsky feels she can take care of the interior decorating. The following average cost information is available from a local bank that makes loans to local contractors and dispenses progress payments to contractors when specific tasks are verified as complete. Excavation and framing complete Roof and fireplace complete Wiring roughed in Plumbing roughed in Siding on Windows, insulation, walks, piaster, and garage complete Furnace installed Plumbing fixtures installed Exterior paint, light fixtures installed, finish hardware installed Carpet and trim installed Interior decorating Floors laid and finished Calculate the estimated cost for the PublinskYs house if they use contractors to complete all of the house. (Round the final answer to the nearest dollar.)

Answer 1

The estimated cost for the Publinsky's house, if they use contractors, would be $310,000.

Step-by-step explanation:

To calculate the estimated cost for the Publinsky's house if they use contractors to complete all of the house, we need to multiply the size of the house by the average price per square foot. In this case, the size of the house is 2,500 square feet and the average price per square foot is $124. So, the estimated cost would be 2,500 * $124 = $310,000. Therefore, the estimated cost for the Publinksy's house, if they use contractors, would be $310,000.

Answer 2

The estimated cost to build the Publinsky's house using contractors for all tasks is calculated by multiplying the house size of 2,500 square feet by the average cost of $124 per square foot, resulting in an estimated cost of $310,000.

Step-by-step explanation:

To calculate the estimated cost for the Publinsky's house if they use contractors to complete all of the tasks, you would multiply the size of the house by the average cost per square foot. The given size of the house is 2,500 square feet, and the average price for a house and lot similar to this one is $124 per square foot. Thus, you would perform the following calculation:

2500 square feet × $124 per square foot = $310,000

This is a simplified estimation and doesn't account for specific contractor pricing, potential cost savings from the work done by Mr. Publinsky as a retired plumber, or any additional costs or savings from Mrs. Publinsky handling the interior decorating. To ensure accuracy, all relevant factors should be considered in the actual planning process.