TYPES OF ESTIMATES WE PREPARE
Concept / Feasibility Estimates
These construction cost estimates based on minimal design documents. You may have only concept sketches, very preliminary design information, or perhaps no drawings at all. We can work with you to prepare a high-level or indicative estimate to provide guidance.
Preliminary Estimates
Preliminary estimates are based on DA-level documents and sometimes include additional design documentation, such as engineering/structural plans, landscaping plans, and stormwater plans. These estimates are broken down into trade or elemental components, providing a transparent cost breakdown. This is the stage that engaging an expert for estimating services is crucial for the success of your prokect.
Detailed / Pre-Tender Estimates
Detailed or pre-tender construction cost estimates are based on documents that are nearly fully resolved. These are typically the same documents builders use to prepare their quotes. These estimates can be used to compare against builders' prices/quotes to facilitate negotiation and ensure transparency. Our costs are based on average market pricing, considering project size, location, complexity, and other factors, and include all builder costs, margins, and preliminaries. We can also recommend a design or construction contingency to allow for unexpected or unknown costs.
Other Estimate Report Types
We can prepare a wide range of estimate reports, such as an opinion of cost for partially completed works, which you may require as part of a dispute, termination of contract, or for other purposes.
We can also prepare the following:
- Value of Works Executed Report
- Cost to Complete a Partially Construction Building
- Insurance Replacement Cost Estimates
- Council DA Cost Summary / EDC Estimates / Estimating Services Sydney Experts
- QS Reports to support bank loan or finance applications for residential loans
If our estimate isn't listed, please contact us to see if we can tailor a report to your requirements.
Pre-Construction Estimating Services
FOR OWNERS
If you are an owner who is at the initial planning stage of your project and unsure whether you can afford to make it happen, we can help. You might be anxious about the current market pricing, but don't let that hold you back. We can provide you with high-level cost estimates and advice, even if you haven't engaged an architect or designer yet.
FOR ARCHITECTS, BUILDERS & OTHER BUILDING PROFESSIONALS
Alternatively, if you are a builder or architect and need assistance with early cost advice to provide to your client, we are here to help.
Let's have a conversation and explore how we can support you by providing construction cost estimates and other estimating services in Sydney and Regional NSW.
Residential Estimating Services
Why should you have a cost estimate prepared?
Building a new home or renovating/expanding an existing one is an exciting and fulfilling experience, but it also requires a significant investment of time and money. One of the biggest challenges of the building process is accurately estimating the cost of construction. As a homeowner, you want to ensure that you have a clear understanding of the costs involved and that you are not overspending. That is why getting independent construction cost estimates from a quantity surveyor for your new home or renovation is so important.
What is a Construction Cost Estimate?
An independent construction cost estimate is a detailed analysis of the costs associated with building a new home. This type of estimate is performed by an independent, third-party professional such as a quantity surveyor who has experience and expertise in providing building estimating services and are experts in construction cost. They analyse the scope of work, materials and labour required to build your home, and then provide you with a detailed estimate of the total cost of construction.
Why is an Independent Construction Cost Estimate Important?
- Accurate Budgeting: One of the biggest benefits of a construction cost estimate is that it provides you with an accurate budget for your home building project prior to approaching a builder for a quotation. This budget can help you make informed decisions about the design, materials, and features of your home. It also gives you a clear understanding of what you can afford and what you need to save for.
- Avoiding Cost Overruns: Cost overruns are a common problem in construction projects, and they can be very costly. An construction cost estimate helps you avoid these overruns by providing you with an accurate and realistic budget. This helps you avoid unexpected costs and helps you stay on track with your budget.
- Protecting Your Investment: Building a new home is a significant investment, and you want to protect that investment. An construction cost estimate helps you ensure that you are getting the best value for your money. You can use this estimate to negotiate better prices with your builder and suppliers, or to make informed decisions about the design and materials of your home.
- Peace of Mind: A construction cost estimate gives you peace of mind. You can be confident that you have a clear understanding of the costs involved in building your home, and that you are making informed decisions about your investment.
We are experienced in preparing detailed cost estimates for residential projects, whether they be complex renovations, new construction, investment dual occupancy dwellings or multi-unit developments. We offer estimate prepared by an expert through-out Sydney & Regional NSW.
Costs can vary differently between different NSW cities and towns and sometimes even between suburbs within a city. Our estimating techniques allow for these variances so the estimate can be as accurate as possible.
How much does all this cost?