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General Contractor Estimating: Your Guide to Accurate Construction Cost Planning
In the fast-paced world of construction, accurate estimating is the foundation of successful project execution. For general contractors, estimating isn’t just about guessing a price—it’s about delivering reliable numbers that drive smart decisions, win bids, and keep clients happy.
In this article, we’ll break down everything you need to know about general contractor estimating, including best practices, tools, and how Real Estimate Services can help streamline your process.
What Is General Contractor Estimating?
General contractor estimating is the process of calculating the total cost required to complete a construction project. This includes:
Material costs
Labor costs
Subcontractor fees
Equipment and machinery
Overhead and profit margins
Whether it’s a small residential remodel or a large commercial build, the general contractor must prepare a detailed estimate that aligns with the project scope, timeline, and budget.
What Should a Contractor Estimate Include?
A comprehensive general contractor estimate should cover:
Material Takeoff (quantities and prices)
Labor Hours (per trade or scope)
Subcontractor Bids (electrical, plumbing, HVAC, etc.)
Permit and Inspection Fees
Equipment Rentals
Waste Removal and Cleanup
Contingency Budget (for unexpected costs)
You can also use a construction estimator template to organize and present your cost details professionally.
Estimating Tools Used by General Contractors
Modern contractors no longer rely solely on spreadsheets and calculators. Here are some top tools for accurate and efficient estimating:
PlanSwift – Best for digital takeoffs
STACK – Cloud-based estimating platform
Buildertrend – Estimating + project management
ProEst – Enterprise-level estimating solution
Still, these tools require time and training. That’s why many contractors choose to outsource estimating to professionals like Real Estimate Services.
Why Accurate Estimating Matters
Incorrect estimates can cause:
Budget overruns
Project delays
Unhappy clients
Loss of profit or even the job
On the other hand, accurate estimates help:
Win more competitive bids
Ensure proper budgeting and scheduling
Improve project outcomes and profitability
How Real Estimate Services Helps General Contractors
At Real Estimate Services, we provide:
Fast and precise takeoff services
Complete construction cost breakdowns
Templates for general contractor estimates
Residential, commercial, and industrial project support
Custom estimates for bids and client proposals
Whether you’re a busy contractor or a new builder, our estimating solutions help you focus more on building and less on number crunching.
Ready to Get Accurate Estimates?
Stop guessing and start building with confidence. Contact Real Estimate Services today for professional general contractor estimating services that save time, cut costs, and help you win more projects.