Is $5,500 to convert a loft to a bedroom a fair price?

This quote is for converting a single large bedroom on the second floor into two smaller bedrooms. The work includes: - Install a new floor in the empty space on the second floor. - Move the existing non-load bearing wall to the right to create two smaller bedrooms. - Remove and seal the chimney (which is part of an angled fireplace wall). - Fill in the current bedroom window. - Install two new windows, one for each new bedroom. - All work will be performed on the second floor only. - The exterior siding is vinyl. - Excludes paint and vinyl flooring.

Construction of a bedroom within an existing garage space including: - Built a platform to raise the room level with the back door - Framed four walls and a roof structure inside the garage - Installed insulation and electrical wiring - Added a closet and a window in the side wall - Installed a ceiling fan and HVAC vent - Secured the existing 1950s wooden garage door and covered the exterior with wood/paint to match the home

This quote is a rough estimate for converting the attic into a new living space, specifically a bedroom and a bathroom. The project aims to add a new bedroom to the house to accommodate a growing family. The estimated size for the new master bedroom is approximately 200 sq ft, with an additional bathroom. - Scope: Attic conversion to add a bedroom and a bathroom - Key Features: Stairs, bedroom, bathroom, ideally a dormer - Size: Approximately 200 sq ft for the bedroom, plus a bathroom - Structural Notes: Roof has trusses (not rafters), 24" between studs - Estimated Cost Range: The contractor's rough quote was between $150,000 and $200,000