{"id":17043,"date":"2025-07-21T05:36:40","date_gmt":"2025-07-20T19:36:40","guid":{"rendered":"https:\/\/stage.buildxact.com\/au\/?post_type=news_media&p=26122"},"modified":"2025-08-22T03:44:28","modified_gmt":"2025-08-21T15:44:28","slug":"value-amid-challenges","status":"publish","type":"news_media","link":"https:\/\/stage.buildxact.com\/nz\/news_media\/value-amid-challenges\/","title":{"rendered":"Buildxact Technology Drives Maximum Value to Contractors and Homeowners to Leverage Current Market and Help Fill Housing Gaps\u00a0\u00a0"},"content":{"rendered":"\t\t
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MELBOURNE\u202f\u2013 21 JULY 2025\u202f\u2014\u202f<\/span><\/b>Buildxact,<\/span><\/a> a global software as a service company that provides a simple solution for small-to-medium-sized residential builders and renovators to better manage and grow their business, uses the best in technology to create new opportunities, to avoid market challenges, and to take full advantage of growing housing construction activity.<\/span> <\/span><\/p>\n

As housing commencements increase along with the pace of renovations, builders need simple, smart tools to quote and win more jobs.  Buildxact provides those tools using its technology to connect builders, trade partners and material suppliers in new ways. Using Buildxact, a renovator can double their workload, moving from 10 to 20 projects in a year at an average of $200,000 per project. <\/span> <\/span><\/p>\n

That is important at a time when the renovation sector is seeing a boost due to the aging housing stock and to necessary weather upgrades and repairs in the north of Australia. Another sign of growth comes from financing, where projects that require external finance are increasing and the number of loans for renovations are up by almost 10 percent from last year.<\/span> <\/span><\/p>\n

Builders can use Buildxact\u2019s comprehensive estimating and job management platform to help manage costs for the customer while maintaining profitability. In the end, builders win more of the right jobs, Chris Rennie, Buildxact Chief Product Officer, said.<\/span> <\/span><\/p>\n

\u201cBuilders are worried about pricing going up and don\u2019t want to quote jobs wrong and lose money,\u201d Rennie said. \u201cThey want to be able to compete with other builders but are so cautious in today\u2019s market and fear that everything will cost more and damage their business. Buildxact is removing those barriers with real time and preferred pricing from supplier catalogues.\u201d<\/span> <\/span><\/p>\n

Supplier catalogues now include Dahlsens, Mitre 10, and Bunnings. These catalogues drive healthy contractor returns by offering real-time pricing that allows the pro to stay on top of any material cost fluctuations from the first estimate through job completion.  Buildxact also is releasing new estimate templates and recipes that target the most common renovations based on internal data reporting and market trends.<\/span> <\/span><\/p>\n

In addition to templates and recipes, Buildxact also speeds estimates with a new AI-powered takeoff and estimating assistant that fast tracks the quick-to-quote process based on thousands of previous builds to help quote in minutes, not days. <\/span> <\/span><\/p>\n

Known as the <\/span>Blu digital building assistant<\/span><\/a>, this AI-powered assembly builder can quickly generate complete and accurate estimate costings and quotes based solely on project specs. That means that Buildxact pros can be more competitive\u2014being the first to quote for a client increases the chance of winning the job. <\/span> <\/span><\/p>\n

Simple AI technology is critical in today\u2019s construction environment. The Association of Professional Builder\u2019s 2025 State of Residential Construction Industry Annual Report stated that small-to-medium sized residential home builders, renovators, and contractors, are challenged daily to stay profitable while managing jobs efficiently. According to the report, contractors are challenged by adopting technology effectively, establishing systemised processes, and not having adequate financial literacy.<\/span> <\/span> <\/span><\/p>\n

Having more competitive builders has long-tail community impact, such as adding jobs, and building up its economic health. For an individual contractor and their business, there are huge positive impacts as well. Based on the prior example, a construction pro can double revenue from $2 to $4 million. That growth is a direct consequence of their investment in technology that costs less than $6,000 annually.<\/span> <\/span><\/p>\n

Construction Outlook Turns Brighter<\/span> <\/span><\/h2>\n

Tom Deavitt, a senior economist with the <\/span>Housing Industry Association<\/span><\/a>, says that last year housing commencements were up 10 percent, and he forecasts that a gentle upward trend will continue, even reaching the government\u2019s objective of 120,000 starts each year starting next year. <\/span> <\/span> <\/span><\/p>\n

In addition to that positive news, household spending is picking up from mid-2024, and in the last calendar year, there has been a population increase of 450,000 people. Plus, rates have been stable, and there is low unemployment. All of these factors are contributing to more renovation projects and more new home starts. <\/span> <\/span><\/p>\n

Deavitt reports that the expectation going forward is positive due to consumer confidence returning and rates lowering. His research shows that homeowners will start to undertake projects that had been put on hold. <\/span> <\/span><\/p>\n

For the homeowner, these projects add value to their investment in the home. The return on investment is different depending on the project, but it all adds to growing home equity, currently valued at $11 billion in Australia. <\/span> <\/span><\/p>\n

 <\/span><\/p>\n

About Buildxact <\/span><\/b> <\/span><\/p>\n

Buildxact gives small-to-medium sized home builders, contractors and suppliers control of their business to get the job done. Using simple features, job estimates take less time and ordering materials is possible 24\/7 using integrated supplier price lists. Founded in 2011 in Australia with North American headquarters in Austin, Texas, Buildxact continues to expand its global presence with customers in the US, Canada, the UK, Australia and New Zealand. <\/span> <\/span><\/p>\n

 <\/span>For more information about how builders and suppliers benefit using Buildxact, visit <\/span>Buildxact.com<\/span><\/a> or follow Buildxact on Instagram, Facebook, LinkedIn, and X. To get started today, <\/span>Book a Demo<\/span><\/a> with a dedicated team member or try before you buy with a <\/span>14-day risk free trial<\/span><\/a>. <\/span> <\/span><\/p>\n

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Learn how Buildxact technology doubles builder project workload while helping homeowners boost equity in an aging housing stock.<\/p>\n

Buildxact<\/span><\/a> Industry insights<\/span><\/a><\/div>\n","protected":false},"author":11,"featured_media":17045,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[116,139],"class_list":["post-17043","news_media","type-news_media","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-buildxact","tag-industry-insights"],"acf":[],"yoast_head":"\nBuildxact Drives Maximum Home Contractor Value | Buildxact NZ<\/title>\n<meta name=\"description\" content=\"Learn how Buildxact technology doubles builder project workload while helping homeowners boost equity in an aging housing stock.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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