Changing Unit Prices

Learn how to change unit costs on the Repair Cost Estimator in order to tailor and customize the estimate to meet your specific project needs and local market rates.
Estimate 'Adders' (contingency, Contractor's OH & Profit, etc.)
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Changing Unit Prices

02:28
Learn how to change unit costs on the Repair Cost Estimator in order to tailor and customize the estimate to meet your specific project needs and local market rates.

Video Topics

  • 00:30 - Introducing Unit Costs - Our unit costs are based upon our experience as professional cost estimators, rehabbers & backed by RS Means construction data.
  • 00:50 - Advice: We always recommend you thoroughly evaluate costs within the Repair Cost Estimator and make necessary adjustments for your specific project needs and your local market conditions.
  • 01:15 - Changing Unit Costs

Video Transcript

Introduction

The repair cost estimator is pre-built with 24 scopes of work and roughly 300+ common work items that you will find on a typical rehab project.  

Each of these work items include estimated unit costs for labor, material and subcontracted work based upon our experience as a professional cost estimators, rehabbers, and national average construction cost information backed by RS Means / Reed Construction data.

Advice:  Evaluate costs & make adjustments as necessary for your specific project needs or local market conditions


However, estimating repair costs is a science and an art and there are many factors that play into estimating repair costs.  We always recommend you thoroughly evaluate the costs included within the repair cost estimator and make adjustments to fit your specific project requirements and local market conditions.


Changing Unit Costs
Adjusting unit costs in the repair cost estimator is a simple task, simply select the unit cost you want to adjust and input the new unit costs value.  

You can also change the unit of measure for each work item by selecting a unit from the dropdown menu or by inputting your own custom unit.

Conclusion
As you can see changing the unit costs is a simple task in the repair cost estimator.  The hardest part is establishing the right unit costs to include, based upon your knowledge of the project, your market conditions & contractors.

Repair Cost Estimator Basics

Repair Estimator Basics for Google Sheets

Changing Unit Prices

Estimate 'Adders' (contingency, Contractor's OH & Profit, etc.)

Analyzing DIY Savings

Creating Custom Sorts

Searching the Estimator

Sorting the Estimator