What Is Estimation of Residential Building?

Different Types of Estimation for Residential Building

Advantages of Estimation for Residential Building

1. Money-saving: It gives you a smooth projection of the project. That helps you to save the money from the project and all details of working capital.
2. Speed increaser: Another advantage of estimation is it helps to increase the speed of the project.
3. Confidence booster: It helps to increase your bid because it helps to increase your confidence.
4. Another advantage of this is it creates a strong relationship between you and client.
5. Estimation is a very simple process which also helps to understand between two parties and it is also very transparent.
6. Estimation is a very flexible method; where, you can add or remove data anytime.

Disadvantages of Estimation for Residential Building

1. The main disadvantage of estimation is it creates large deviation from the accurate value.
2. Estimation is not based on the material specification and drawing, this the another disadvantage.
3. Finally, it is not a reliable method to use it anywhere.

Application of Estimation for Residential Building

1. E takeoff Dimension: This software basically estimates the quantity and the cost of the materials. It can compare two or more different types of drawings. It can print drawing and that can be used by multiuser.
2. Mothing: It also a estimation software which is based on Java. It creates a Gnatt chart. It can produce the tenders via online.
3. Stack: It is the most popular software for estimation. It can estimate equipments, labours, required materials, etc. It can summarize all contractor bids and track the project status.

Estimation of Residential Building

1. Check dimension of each block is provided or not.
2. The check schedule of the opening is there.
3. Check specification of work.
4. Check the thickness of the wall is same or changes.

Residential Construction Cost Estimator Excel

• Calculate area of your plot ( lenght x width)
• Convert area in sq. Ft.
• Enter the area of your plot in red-colored excel cell below the enter your house area in sq.
• Enter your area construction cost per sq.
• Check your construction cost at the bottom of the table.

Residential Construction Estimator

Residential Building Cost Estimator

• Total Cost. = Builtup Area × Approx Cost Per Sq. Ft. = 1000 × 1000. = 1000000.00 Rs.
• Amount of Aggregate Required. = Builtup Area × 0.608. = 1000 × 0.608. = 608.00 Ton.
• Flooring. = Builtup Area × 1.3. = 1000 × 1.3. = 1300.00 Sq.

Residential Construction Cost Estimator Excel India

• For Normal Quality Construction =1000 Rs./sq. Ft.
• For Medium Quality Construction = 1200 Rs./sq. Ft.
• For High Quality Construction = 1500 Rs./sq. Ft.

• Estimation Excel Sheet
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