Remodeling? How to get a better bid

STATEN ISLAND, N.Y. -- Now that spring has arrived, some homeowners are considering adding to the comfort and/or value of their residence with a bit of  home improvement.

Victory State Bank encourages consumers to make certain that the contractor they hire is experienced and licensed.

We noticed the following article at http://money.cnn.com; if you are thinking about hiring a contractor, you may want to read this first:

 (MONEY Magazine) -- Budgeting for a large remodeling project presents a bit of a chicken-and-egg problem: You won't have a feel for the cost until you get bids from contractors.

But unless you give pros a ballpark figure from the start, they'll have to guess at what to include in their bids -- and they'll come back to you with a huge range of prices for very different plans.

"A faucet can cost $200 to $900, a window can be $400 to $1,200," says Madison contractor Mike Gasch. "I need to know where to aim."

To solve this conundrum, do some calculations first. CONTINUE READING …

About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com . 

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