April 13 2021 0Comment

Residential Construction Estimating Service

Estimating services are a reliable and cost-effective way to generate quote for your customers before making any contract.

A well prepared cost estimate inhibits the contractor from losing money and benefits the customer avoid overpaying that act as project management technique that tracks a project’s performance against the total time and cost estimate. We take off all the items from the provided documents and price out that job and comes up with a competitive bid value that you can put that together for your project which will save you time and cost.

But why is developing a detailed and accurate concrete estimate so difficult? For starters, if you over-estimate the quantities of concrete you need, your bid may have an inflated price, which means you’ll lose your bid. Alternatively, underestimating how much concrete is needed may result in the lowest bid that enables your firm to win the project, while you lose profitability. If you order concrete based on inaccurate takeoff numbers, your order is likely to be inaccurate, increasing the likelihood of wasted material or delays while waiting for additional material to be delivered.

Therefore, to ensure your takeoff is the most accurate, you need to understand how to complete the entire takeoff process end-to-end quickly and efficiently. With this in mind, we’ve developed our new guide on how to develop a concrete takeoff.

 

OUR RESIDENTIAL ESTIMATE INCLUDES

The items quantified in Residential projects in our portfolio of residential estimating services include items in their respective units of volume, length, area, and number.

But depending upon your needs, we cater the quantity takeoff based on the units that are suitable for a specific purpose e.g. for the supply of lumber, the vendors usually need beams, studs, joists, and rafters quantified in EA with a complete detailed description of nails and clips.

We generally quantify the following materials in our residential takeoffs:

  • General conditions (permits, taxes, logistics, storage, etc.)
  • Sitework (site preparation, excavation, backfilling earthwork, landscaping)
  • Concrete (foundation, driveway, sidewalk, paving)
  • Masonry (walls and piers)
  • Wood/Plastic composites (Structural lumber, millwork, carpentry)
  • Thermal & moisture protection (Insulation of roof and walls)
  • Doors & Windows
  • Metals (Structural steel reinforcements, metal railings)
  • Interior/exterior finishes (drywall. plastering, painting, flooring, tiling, roofing, wall and pier finishes)
  • Plumbingfixtures
  • Mechanical(exhaust fan, HVAC systems)
  • Electrical(lighting, alarms, detectors, ceiling fans, TV cables)
  • Other specialties (stairs, toilet accessories, kitchen equipment, and furnishings)
  • Contingencies

How do builders + remodelers estimate construction projects?While the specific details of an estimate vary with the building company’s location, region, market, and clients, a typical construction estimate template will have several standard elements:

Structure

Strong estimates are structured, dividing costs into patterned groups. Many builders draft estimates based on the natural timeline of a construction project, or they borrow organizational structures from construction industry leaders such as the National Association of Home Builders or CSI formats (see the attached examples below). Some builders organize their estimates into two tiers of information while others use three tiers. A two-tiered structure lists cost categories and each category’s relevant costs. Three-tiered structures include more information for builders + remodelers who prefer to separate standard specification costs from selection costs. To keep everything streamlined, an organized builder will structure his or her estimate’s costs to align with the project’s budgeting and/or accounting formats.

Calculations

Even if exact numbers and prices change, some of the standard math used to come up with the appropriate prices and profit in an estimate might be consistent from project to project. For example, some builders + remodelers always calculate concrete by leveraging the specific width or length of the area. Finding ways to set parameters to record these common measurements sets builders apart and creates a quick estimating system.

Prices

Most prices on individual projects vary on design and scope. Looking deeper, the average builder or remodeler may realize their base price per unit stays consistent while quantities and exact measurements change based on the size and scope of the project. If this is the case, builders should try to templatize these prices for future estimates. There are a number of methods available to help builders + remodelers master their estimating process.

In construction estimating there are three estimating types.

  • Commercial Estimating
  • Industrial Estimating
  • Residential Estimating

 

Commercial Estimating

A systematic approach to estimate the components of a commercial project is essential. Emphasis is placed on accuracy of measurement, quantity take off concept, sound Estimating principles and construction materials.

Industrial Estimating

We also provide industrial estimating services for our customers. We have too many happy customers in case of industrial estimating.

Residential Estimating

For planning the construction of residential buildings, a proper cost estimate gives the idea to helps calculate markups, allocate budget, quote prices to the customers, and negotiate with contractors and subcontractors.

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