Contractor Estimates

Am I way underestimating the cost of a simple kitchen/bathroom update in a pre-war co-op apt? All we want to do is install Ikea cabinets, new floor & counters in a 10×6 kitchen, reglaze a bathtub, redo a shower stall, and put in new vanity. Our budget is $20-25k and estimates so far are $35k-42k which seems like a lot for not that much work. Am I way off?

By pampers28 |