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Home Building Cost Estimator

What is a Home building cost estimator?

A home building cost estimator is an individual or a group of people who read the home building plans/drawings and calculate the type and the amount of materials required to build the specific home. The calculation of materials in terms of type and amount is called the quantity takeoffs. After quantity takeoffs, we have to calculate the amount of money required for the purchase of material along with the labor cost. This process of calculating the cost is called cost estimation.
This complete procedure is done by a home building cost estimator.

home building cost estimator

Process of Home Cost Estimator

The first step in the process of estimating is to go through the project plans thoroughly and check if the concerned estimate is a budget estimate or a design estimate. In the second step, the estimator mark the plans on Bluebeam Revu which is a software used to calculate the quantity takeoffs. The third step is the cost estimation in which we calculate the cost of each corresponding line item using RSMeans. RSMeans is an online platform by which we can get the changing market prices of construction materials. Estimator get the prices of labor and materials along with the productivity of the labor from RSMeans.

The detailed home building cost estimator is performed with everything broken down to show each minor detail to the client. The site estimate is performed in the first step covering each and every small details. In a home building cost estimation, we calculate the estimate of foundation/concrete and drywall. Then takeoff the complete building step by step. The final file includes the complete material takeoff along with the material and labor prices and it is presented to the client in a well organized and our self designed format .

Home building cost factors

Home building cost mainly depends upon the following factors:

1. Location

Depending on the location of the project, construction costs can increase or decrease. Wetlands, conflicting utilities, poor soil conditions, infected materials, overhead lines, river or stream crossings, ground water, buried storage tanks, endangered species habitat, and archaeological sites are some of the conditions that influence the cost of building a house.

The location of the site will also affect the overall expense. For instance, if you are building your house in a high value area, you will most likely want to construct a high value property that will be more expensive than putting up a low value property in an average or low value area .

2. Materials

Are the raw materials required in the construction process available in close proximity to construction site? If they are within easy reach of the site, the cost of construction will be low, but if they are available at farther distance from the site, then you will have to spend more money for transportation.

3. Choice of Architect

The experienced professionals will meticulously follow the construction process and ensure that everything is done perfectly. The motive behind their superior attention is to protect their brand. This means that if you hire a reputable professional, you will perhaps have to splurge more money .

4. Labor Costs and Productivity

The amount of money that you pay to the labor working on the site fluctuates from one state to another. Usually, the labor costs are found to be more in the urban areas as compared to the rural areas due to the fact that the cost of living is much higher in the urban areas. Along with labor cost, productivity of labor also affects the building cost. A productive labor ensures the value for money .

5. Project Schedule

The time that the contractor is expected to finish the job greatly affects the house construction cost estimates. An unpredicted delay in project duration raises the construction costs due to increase in indirect costs .

What is included in our home building cost estimate.

In a general perspective, quantity takeoffs (the materials to be used in home building) and cost estimation (cost of the materials required to build the house) is included in a home cost estimator. In a descriptive perspective, quantity takeoffs include concrete, drywall, masonry, wood and plastics, framing and painting. While cost estimation includes the cost of the materials along with 5% waste, cost of labor and labor productivity. The aggregate of these is calculated and mentioned as a unit cost corresponding to every line item.

Softwares we use:

Different softwares are used for different purposes:

Bluebeam Revu and Planswift are used for reading and marking the project plans.

RSMeans is used for cost analysis according to different states.

MS Excel is used to put the quantities and cost in and prepare the final file for the client.

Scope we are expert at:

We are a leading platform in Home Construction Cost Estimator and Quantity Estimation, responsive team of Civil engineers having 4+ years of experience in National and international construction. The scope we cover includes the projects of SCA (School Construction Authority) and all types of residential, commercial and government projects. We cover trades like Roofing, Concrete, Drywall, Masonry, rough carpentry, Metals, Wood and plastics, thermal and moisture and demolition. We don’t cover MEP (Mechanical, Electrical and Plumbing) because it is accurately calculated by the respective subcontractors. 

How do we serve our clients:

Clients are the backbone of every business. To make a business successful, one has to serve each and every need of the client. We, at Bidding Professionals, try to serve our client in every possible way whether it is pre-order questioning or post project support. We also update our client during the project with necessary RFI’s and daily progress report. Moreover, we offer discounts to our regular clients to help them get high quality estimates in affordable cost. We try to be flexible with the bid format we use and can work on the client’s specified format also.

Why work with us:

There are a lot of estimators working out there who can help get the estimates done but our quality of work make us better. Some of the qualities that make us better are: