Are you in the market for a new residential home? It can be an exciting time, but it's important to factor in all of the associated costs. In this blog post, we'll walk you through how to calculate the costs of purchasing and owning a residential home. We'll also highlight some common expenses that you may not have considered. Let's get started and learn ,how to estimate construction cost! The procedure to follow while estimating your home construction costs Below is the procedure to follow while estimating your construction costs: 1. Measure the square metres of your home When beginning a hom ..read more

When planning to build a new project, it is important to obtain a detailed estimate before you commit to any contracts. More importantly after you have received your detailed cost estimate, now is the time to obtain multiple quotations from your builders or subcontractors to finalise your ,Construction Estimates. If you are a builder or planning to build as an owner builder you will need to send your construction plans to multiple subcontractors. We recommend a target of obtaining 2-3 quotations per trade for projects under $1,500,00.00 and target of at least 3-4 quotations for projects over ..read more

Construction estimating is the process of predicting the cost of building a new home, office, or other structure. It involves calculating the materials, labour, and equipment needed to complete the project. It is a complex process that requires knowledge of construction methods, materials, and local market conditions. ,Construction estimation services providers must be able to understand blueprints and specifications and have experience with construction software. How Does Construction Estimating Work? Construction estimating is the process of predicting the cost of building a new home, offic ..read more

Lets discuss the option of hiring full time employees vs hiring the expert contractor 1. An entry level employee with minimal experience is generally worth 50-80k per year which isn’t cheap for someone you have to train but don’t have the time to. Not only will they require training they will require to be managed – that means checking in on them on a daily basis to make sure they are keeping up with the workload and getting things done – correctly! Lets call it $70k. 2. Someone with a few years experience who can work independently is probably worth $80-150k – they too will require some train ..read more

Cost savings: Outsourcing estimation services to an estimating company can help builders save money on hiring and training full-time estimators, purchasing software and hardware, and maintaining an in-house estimation department. Instead, builders can pay only for the services they need, without incurring additional overhead costs. Time savings: Estimating is a time-consuming process that requires specialized skills and knowledge. Outsourcing estimation services can free up builders' time to focus on other aspects of their business, such as project management, marketing, and customer service ..read more

1) Increase your marketing efforts: Invest in marketing efforts to increase your brand awareness and attract new clients. This can include traditional advertising, such as print and online ads, as well as social media and content marketing. – if you dont know how pay someone to get the job done. Some key steps include: setup a website SEO - now this is a slow burn for any company especially builders as the market is very competitive, but if you pick a handful of suburbs that you want to target within 6 months you will start getting leads from people visiting your website Social Media Start sh ..read more

I think we all know that it's challenging to succeed in business. So what exactly does it take to achieve SUCCESS in the Construction Industry as a builder? Is it just a matter of hard work and determination *obvious*, or are there some not-so-obvious factors significant in one's success? After working with hundreds of companies over the past 15+ years in the Construction Industry with on-site AND client-based experience, I'll tell you what I've figured out. The first, most important thing you can do to get more business and grow your construction company is: 1. Visit Potential Clients Constr ..read more

Even the biggest home construction projects can go relatively smoothly with a cost estimator on your side. When it comes to price quotes, no one is better prepared than these professionals. Without their expertise, you may find yourself spending far more than necessary – or worse, running out of money before the job is done. Needless to say, getting an estimate is always a good idea! What is a cost estimator and what do they do for home construction projects A ,cost estimator for home construction is a professional who uses specialized software and data to calculate the anticipated costs of a ..read more

A “BOQ” is an acronym for the words “Bill of Quantities” A BOQ is a detailed and itemised pricing document that banks, developers, consultants and contractors in the construction industry rely on during the construction life cycle. It contains a series of measurements extrapolated from a buildings design, that identifies all the trade work of a construction project to enable the cost of all materials & labour for the associated work to be displayed in a simple and easy to read format. It is typically separated by the description of the trade work with an accurate quantity to enable an esti ..read more

Most regions of Australia are experiencing a construction boom and so the demand for skilled construction estimators is high. Many construction companies require their estimators to have a degree in a related field such as building, construction management, and quantity surveying. Alternatively, some on-the-job experience combined with specialized training can also lead to becoming a successful estimator for construction projects. It is important for construction estimators to have strong mathematical and computer skills, as well as attention to detail. Being able to accurately assess the cost ..read more