Lake Minnetonka Flood
Total Project $286,390.34
The URI Difference
Project Budget
Original Offer: $133,801.74
Final Offer: $286,390.34
Added Value: $152,588.6 (53.28%)
Project Overview
- Ultimate Restoration’s final agreed upon estimate with insurance company was $286,390.34. The insurance company first estimate was for $133,801.74. That’s an additional $152,588.60 or 53.3% of value that was put back into the project.
- The homeowner felt uncomfortable with the fact that the preferred contractor was only doing a 2’ flood cut. URI discovered H2O damage in all walls that were going to be left untouched by the preferred contractor & insurance company.
- Homeowner received the correct material values from URI to maximize the value of the repairs to put back into her property.
- URI was able to take over the project 3 months after the water loss, due to the fact that the client never signed a rebuild contract with the preferred contractor.
Before & After Photos
