What is the average deck project deposit amount in New Brunswick?
What is the average deck project deposit amount in New Brunswick?
Most deck builders in New Brunswick request a deposit of 10-25% of the total project cost, with 15-20% being the most common range. This means for a typical $8,000 deck project, you'd expect to pay $1,200-$1,600 upfront.
The deposit amount often depends on the project size and materials. Smaller projects (under $5,000) might see deposits closer to 25% since there are fixed costs for permits and mobilization. Larger projects (over $15,000) typically stick to the 10-15% range since the raw dollar amount provides adequate protection for the contractor.
Material type also influences deposits. Composite and PVC deck projects often require higher deposits (20-25%) because contractors need to special-order materials that can't be returned. Pressure-treated lumber projects might only need 10-15% since the materials are readily available and returnable to local suppliers.
Timing matters in New Brunswick's short building season. During peak months (June-August), established contractors might request smaller deposits since they have steady cash flow. In shoulder seasons (May, September), deposits might be slightly higher as contractors manage their seasonal cash flow.
Red flags to watch for: Any contractor requesting more than 25% upfront, asking for full payment before starting, or demanding cash-only deposits. Legitimate NB deck builders understand that homeowners need protection too. Also be wary of door-to-door contractors offering to start "today" for a large upfront payment.
Best practices for deposits: Pay by cheque or credit card (never cash) to maintain a paper trail. The deposit should be clearly outlined in your written contract, along with what work it covers. Many reputable contractors will hold off on cashing the deposit cheque until materials are ordered or work begins.
WorkSafeNB and insurance verification should happen before paying any deposit. A legitimate contractor won't hesitate to provide proof of coverage. Remember, New Brunswick Decks recommends always verifying these credentials before hiring any deck builder.
The deposit protects the contractor's material costs and scheduling commitment, while the remaining balance protects you as the homeowner. A fair deposit structure typically breaks down as: deposit at signing, progress payment at substantial completion, and final payment after walkthrough and any punch list items are completed.
Need help finding a deck builder with transparent pricing? New Brunswick Decks can match you with local contractors who follow fair business practices and provide clear contracts with reasonable deposit terms.
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