![]() Having the actual cost of a job differ from the estimated cost can negatively impact your business. You want your estimate to be as precise as possible for any construction job that you complete. For example, for a large job that requires building a house, you will need to estimate:īreaking down the pricing of these components will ensure that you create an accurate estimate. There is no standard price for a construction job, and you have to break down each component of the job in your contractor estimate template. In fact, a construction estimate can make or break your construction business. Knowing how to estimate construction project costs is a key component of running your own construction business. ![]() Why learn how to estimate construction jobs There’s no single way to price all the job components that may be required to complete a project, so estimating requires a little learning to get it right. The most important part of creating a construction estimate is knowing how to price general contracting work.
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