{"id":7195,"date":"2020-10-06T00:00:00","date_gmt":"2020-10-06T00:00:00","guid":{"rendered":"https:\/\/bxglobal.wpengine.com\/ca\/estimating-software-our-guide-to-estimating-software-for-builders-remodelers\/"},"modified":"2024-09-24T10:16:52","modified_gmt":"2024-09-24T15:16:52","slug":"estimating-software-for-builders-remodelers","status":"publish","type":"post","link":"https:\/\/stage.buildxact.com\/ca\/blog\/estimating-software-for-builders-remodelers\/","title":{"rendered":"Our guide to estimating software for builders &#038; remodelers"},"content":{"rendered":"<span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">If\u00a0<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">you&#8217;re<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u00a0in the construction business \u2014 from residential to commercial and new builds to remodeling \u2014 managing large or small projects, you\u00a0<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">need to\u00a0<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">provide your customers with a project estimate before starting work.\u00a0<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">It&#8217;s<\/span><\/span><span class=\"TextRun SCXW121499245 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW121499245 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u00a0a critical component to forecast expenses and manage profitability. An accurate estimate also plays a crucial role in winning business.\u202f<\/span><\/span><span class=\"EOP SCXW121499245 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n<h2><span class=\"TextRun SCXW241515603 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW241515603 BCX0\" data-ccp-charstyle=\"Strong\">What is estimating in construction?<\/span><\/span><\/h2>\n<span data-contrast=\"none\">Estimating is the process of determining the total expense per the construction project, and it can be as straightforward or as complex as the project requires.\u00a0<\/span><span data-contrast=\"none\">To be successful<\/span><span data-contrast=\"none\">\u00a0as a builder or remodeler<\/span><span data-contrast=\"none\">, estimates need to be\u00a0<\/span><span data-contrast=\"none\">both\u00a0<\/span><span data-contrast=\"none\">highly accurate\u00a0<\/span><span data-contrast=\"none\">and delivered\u00a0<\/span><span data-contrast=\"none\">to the customer\u00a0<\/span><span data-contrast=\"none\">in\u00a0<\/span><span data-contrast=\"none\">a short time frame.<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">Speed<\/span><span data-contrast=\"none\">, accuracy, and\u00a0<\/span><span data-contrast=\"none\">efficiency\u00a0<\/span><span data-contrast=\"none\">is oftentimes a reflection on your business and can weigh on the customer\u2019s decision process<\/span><span data-contrast=\"none\">.\u00a0<\/span><span data-contrast=\"none\">There are\u202f<\/span><a href=\"https:\/\/www.cmu.edu\/cee\/projects\/PMbook\/05_Cost_Estimation.html\"><span data-contrast=\"none\">different types of construction estimates<\/span><\/a><span data-contrast=\"none\">, and it all depends on the scope of a particular project.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\"> <\/span>For example a <a href=\"https:\/\/stage.buildxact.com\/ca\/blog\/remodeling-estimating-software\/\">remodel<\/a> can be vastly different from a new build.\n\n<span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\"><\/span>\n\n<span data-contrast=\"none\">A\u202f<\/span><a href=\"https:\/\/www.dcd.com\/articles\/defining-construction-cost-estimating\"><span data-contrast=\"none\">rough definition of estimating<\/span><\/a><span data-contrast=\"none\">\u202fis judging something for its worth. In construction terms, estimating judges<\/span><span data-contrast=\"none\">\u00a0the<\/span><span data-contrast=\"none\">\u00a0cost<\/span><span data-contrast=\"none\">s<\/span><span data-contrast=\"none\">\u00a0(and there are many to consider) for a particular project with many decisions between the start and end of construction.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">While there are different types of estimating systems, a builder or remodeler will generally rely on the\u202f<\/span><a href=\"https:\/\/www.constructionworkzone.com\/articles\/the-estimating-process-get-it-right\"><span data-contrast=\"none\">following process to complete an estimate<\/span><\/a><span data-contrast=\"none\">:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span style=\"font-size: 140%;\">1. Scopes of work<\/span>\n<span class=\"NormalTextRun SCXW255364830 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Defining the construction project. It may come from various sources like architects or engineers<\/span><span class=\"TextRun SCXW255364830 BCX0\" lang=\"EN-US\" style=\"color: #555555; font-size: 14.4px;\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW255364830 BCX0\" data-ccp-parastyle=\"Normal (Web)\">,<\/span><\/span><span class=\"TextRun SCXW255364830 BCX0\" lang=\"EN-US\" style=\"color: #555555; font-size: 14.4px;\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW255364830 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u00a0walking or touring the job site<\/span><\/span><span class=\"TextRun SCXW255364830 BCX0\" lang=\"EN-US\" style=\"color: #555555; font-size: 14.4px;\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW255364830 BCX0\" data-ccp-parastyle=\"Normal (Web)\">, or talking to the customer<\/span><\/span><span class=\"TextRun SCXW255364830 BCX0\" lang=\"EN-US\" style=\"color: #555555; font-size: 14.4px;\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW255364830 BCX0\" data-ccp-parastyle=\"Normal (Web)\">.<\/span><\/span><span class=\"EOP SCXW255364830 BCX0\" style=\"color: #555555; font-size: 14.4px;\" data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span style=\"font-size: 130%;\">2. Takeoffs\n<\/span>Sometimes called quantifying the project or converting the scope to quantities.\n\n<span style=\"font-size: 130%;\">3. Estimating Process <\/span>\nUnit prices and mark up for materials labor applied.\n<h2>The purpose of cost estimating in construction<\/h2>\n<span class=\"TextRun SCXW218861843 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW218861843 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Cost estimates protect the builder or remodeler and help manage their business<\/span><\/span><span class=\"TextRun SCXW218861843 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW218861843 BCX0\" data-ccp-parastyle=\"Normal (Web)\">.<\/span><\/span><span class=\"TextRun SCXW218861843 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW218861843 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u00a0It also ensures the customer is not overpaying for a project and knows what to expect from a cost standpoint. There are a variety of direct and indirect costs associated with a construction project of any size.<\/span><\/span><span class=\"EOP SCXW218861843 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n<ul>\n \t<li><span style=\"font-size: 130%;\">Direct costs<\/span>\nLinked to the physical part of the construction project and include material, labor &#8211; your staff and subcontractors &#8211; and any necessary equipment rentals.<\/li>\n \t<li><span style=\"font-size: 130%;\">Indirect costs<\/span>\nGeneral overhead costs such as insurance, professional services, temporary job facilities, and contingencies.<\/li>\n<\/ul>\n<a class=\"Hyperlink SCXW261150431 BCX0\" href=\"https:\/\/www.dcd.com\/articles\/five-steps-for-building-a-better-bid\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW261150431 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW261150431 BCX0\" data-ccp-charstyle=\"Hyperlink\">Cost estimates<\/span><\/span><\/a><span class=\"TextRun SCXW261150431 BCX0\" lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW261150431 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u00a0are a vital tool for managing the project&#8217;s performance against direct and indirect costs and using it as a template for similar projects. The more estimates you create, the faster and easier it will become.<\/span><\/span><span class=\"EOP SCXW261150431 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-101630 aligncenter\" src=\"https:\/\/stage.buildxact.com\/wp-content\/uploads\/shutterstock_589786541-300x200.jpg\" alt=\"\" width=\"424\" height=\"283\" \/>\n<h2>What is estimating software?<\/h2>\n<span data-contrast=\"none\">In general, estimating software automates the formulas you use manually or on a spreadsheet into a streamlined online process. It offers reliability, accuracy, accessibility, and efficiency.\u202f<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">Most small builders or remodelers create their estimates and\u00a0<\/span><span data-contrast=\"none\">don&#8217;t<\/span><span data-contrast=\"none\">\u00a0have professional estimating staff. It is a rote process and is completed manually, with spreadsheets like Excel,\u00a0<\/span><span data-contrast=\"none\">while\u00a0<\/span><span data-contrast=\"none\">some will use a\u00a0<\/span><span data-contrast=\"none\">specialist\u00a0<\/span><span data-contrast=\"none\">software platform.\u00a0<\/span><span data-contrast=\"none\">Moving your business to a software platform\u00a0<\/span><span data-contrast=\"none\">isn\u2019t<\/span><span data-contrast=\"none\">\u00a0complicated and you\u2019ll be wondering why you didn\u2019t do it sooner.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n<h2>The benefits of using estimating software.<\/h2>\n<span data-contrast=\"none\">Today\u2019s construction-focused software solutions offer more than estimating since the estimate is intrinsically linked to the project; the work schedule, purchasing, subcontractor bids, customer invoicing, and reconciliation with accounts.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">Most estimating software solutions\u202f<\/span><a href=\"https:\/\/www.dcd.com\/articles\/cloud-tools-help-get-work-done\"><span data-contrast=\"none\">help you do your job better<\/span><\/a><span data-contrast=\"none\">\u202f<\/span><span data-contrast=\"none\">by\u00a0<\/span><span data-contrast=\"none\">allow<\/span><span data-contrast=\"none\">ing<\/span><span data-contrast=\"none\">\u00a0the user to:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n<ul>\n \t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Prepare custom templates for letterhead, proposals, and reports<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n \t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Create estimates from takeoffs<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n \t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Track costs and\u202f<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n \t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Integrate with accounting software<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<span data-contrast=\"none\">Modern software is cloud<\/span><span data-contrast=\"none\">&#8211;<\/span><span data-contrast=\"none\">based, which offers a range of benefit<\/span><span data-contrast=\"none\">s<\/span><span data-contrast=\"none\">\u00a0to builders and remodelers. Access from anywhere, on the road or at the office<\/span><span data-contrast=\"none\">, month by month subscriptions rather than big upfront investments<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\">\u00a0and the ability to\u00a0<\/span><span data-contrast=\"none\">easily\u00a0<\/span><span data-contrast=\"none\">include<\/span><span data-contrast=\"none\">\u00a0staff and subcontractors in\u00a0<\/span><span data-contrast=\"none\">bidding\u00a0<\/span><span data-contrast=\"none\">workflow<\/span><span data-contrast=\"none\">. In<\/span><span data-contrast=\"none\">\u00a0today&#8217;s climate and remote work environment, moving your business to a cloud-based software solution will help you\u00a0<\/span><span data-contrast=\"none\">be more responsive and efficient with new opportunities so<\/span><span data-contrast=\"none\">\u00a0that<\/span><span data-contrast=\"none\">\u00a0you can\u00a0<\/span><span data-contrast=\"none\">win more business.\u00a0<\/span><span data-contrast=\"none\">It also helps you m<\/span><span data-contrast=\"none\">eet or exceed your customers&#8217; expectations with faster, more accurate estimating.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n<h2>The Buildxact advantage<\/h2>\n<span data-contrast=\"none\">There are several estimating software systems on the market today, and many specific to the\u00a0<\/span><span data-contrast=\"none\">residential\u00a0<\/span><span data-contrast=\"none\">construction industry like\u202f<\/span><a href=\"\/ca\/features\/construction-estimating-software\/\"><span data-contrast=\"none\">Buildxact<\/span><\/a><span data-contrast=\"none\">. Designed for the small builder, remodeler, and contractor, Buildxact offers an easy-to-use construction estimating software<\/span><span data-contrast=\"none\">, as an integral part of a<\/span><span data-contrast=\"none\">n affordable construction management platform<\/span><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">You can create accurate estimates in a fraction of the time with complete on-screen takeoffs\u00a0<\/span><span data-contrast=\"none\">using your own\u00a0<\/span><span data-contrast=\"none\">supplier price files<\/span><span data-contrast=\"none\">, which can be easily uploaded from Excel<\/span><span data-contrast=\"none\">. You can create a professional-looking quote<\/span><span data-contrast=\"none\">, including\u00a0<\/span><span data-contrast=\"none\">specifications and images, with just a few clicks.<\/span><span data-contrast=\"none\">\u00a0Need to make a change? Copy the estimate, rename it, and make your changes. Our system allows you to modify and save multiple versions of estimates for a single job.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">You can also store customer information and documents like permits, quotes from subcontractors, material items (like that modern sink your customer sent) along with photos you take onsite, and easily send them along to your customer.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>\n\n<span data-contrast=\"none\">To learn more about how our software can help you be more efficient and accurate in your business,\u202f<\/span><span data-contrast=\"none\">b<\/span><span data-contrast=\"none\">ook a personalized\u00a0<\/span><a href=\"\/ca\/trial-for-free\/#demo-section\"><span data-contrast=\"none\">one-on-one demo<\/span><\/a><span data-contrast=\"none\">\u00a0today or try our\u00a0<\/span><a href=\"\/ca\/trial-for-free\/\"><span data-contrast=\"none\">14-day no-obligation free tr<\/span><span data-contrast=\"none\">ia<\/span><span data-contrast=\"none\">l<\/span><\/a><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true}\">\u00a0<\/span>","protected":false},"excerpt":{"rendered":"<p>This page features our guide on estimating software and how it is a critical component to forecast expenses and manage profitability.<\/p>\n<div style=\"display:none;\" class=\"postcatlist\"><a href='https:\/\/stage.buildxact.com\/ca\/tag\/estimating\/'><span>Estimating<\/span><\/a> <a href='https:\/\/stage.buildxact.com\/ca\/tag\/takeoffs\/'><span>Takeoffs<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":7867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[103,91],"contributing_author":[],"class_list":["post-7195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-estimating","tag-takeoffs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Our guide to estimating software for builders &amp; 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