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Mrs. Brenden and her husband, David, are planning their dream house. The lot for the house sits high on a hill with a beautiful view
Mrs. Brenden and her husband, David, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the Mountains Valley. The plans show the size of the house to be 2,365 square feet. The average price for a lot and house similar to this one has been $705 per square foot. Fortunately, David is a retired plumber and feels he can save money by installing only the plumbing fixtures himself. Mrs. Brenden 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 disperses progress payments to contractors when specific tasks are verified as complete. a. What is the estimated cost for the Brenden's house if they use contractors to complete the entire house? b. Estimate what the cost of the house would be if the Mrs. Brenden and her husband use their talents to do some of the work themselves. Note: Show support work, if only answer provided, you may not get full marks
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