Resources

Featured Blogs

Four builders working on a roof

How to estimate construction costs – The complete guide

The most important part of profitable construction projects is getting the costs right. If you undervalue the price, then you are going to lose money. If you are overvaluing your estimates, then you will most likely lose bids. Either way, incorrect cost estimates can destroy a builder or construction company. It can eat away at your profit margin or damage your reputation.

Many large construction companies understand the importance of a construction proposal, but it is often overlooked by smaller builders and remodelers. That is usually because they don't understand what a construction proposal actually is.
To profit in the construction industry, you must know how to set the project price to cover the entire project costs, including materials, labor, equipment and all other indirect costs. Find out the best way to cover your bases.
A construction estimate is the most crucial part of winning building jobs and is key to any successful project completion. Whether it is a new home, a renovation or remodel, an extension, a civil or commercial project, an accurate construction cost estimation ensures a builder's profits.

Latest Blogs

Estimating

Takeoffs

Featured case studies

All-in-one construction management boosts builder productivity

For Keith Perez, using Buildxact construction management software to run his 6-year-old renovating business is about more than providing exceptional customer service, it’s about doing the right thing for him and his family.“My life prior to Buildxact was all work—no life,” Perez said. “I was easily spending 30 to 40 hours per week, on top of a normal 40-hour work week, try

Featured videos

Featured ebooks

Featured Webinars

Let's show you
how it works