How to Estimate Construction Costs Like a Pro

How to Estimate Construction Costs Like a Pro

Introduction
Accurate construction cost estimation is key to winning bids and keeping projects profitable.

Step-by-Step Guide

1. List all materials and their costs.

2. Calculate labor hours and wages.

3. Include equipment rental or purchase costs.

4. Add contingency (5–10% of total).

5. Review and adjust using digital estimating tools.

Tips for Professionals

• Keep detailed records from past projects.

• Update material costs regularly.

• Use software to speed up calculations.

CTA
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