![]() ![]() It is a crucial document in the planning process. The Nitty-gritty of The Construction EstimateĪ construction estimate is a prediction/rough calculation of the costs that will incur during a real-estate project. A document that will help you present your answer in the most professional and comprehensive way possible is the construction estimate. Whether you like it or not, your answer to this question and how well you will explain it decide the future of your client-dealer relationship. ![]() However, the first thing they will ask, after listening to and analyzing all your offerings, is an estimated cost of the project. You will try to sell the deal by explaining the perfect location, interior, what color walls would have, the floor would be marbled or plywood, and what electric and plumbing equipment would be used. Selling, pricing, or constructing a property might be a regular daily routine for a real-estate professional, but it is not the same for their customers.
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