Repair Estimator FAQs

Frequently Asked Questions About the Repair Estimator Tool

How are the Totals on the Repair Estimator calculated?
The Repair Estimator calculates the costs by multiplying the Quantities x the Unit Prices Labor Total = Quantity x Labor Unit Prices Material Total = Q...
Wed, 7 Mar, 2018 at 8:45 AM
How are the costs in the Estimator database populated?
The prices in the Repair Estimator are populated based upon the National Average pricing for a typical rehab project.  All prices in the Repair Estimato...
Wed, 7 Mar, 2018 at 8:46 AM
Are the prices in the Repair Estimator database customizable?
Yes, the Repair Estimator is pre-built with a Repair Cost database that you can use as a starting point, but we definitely recommend that you review all of ...
Wed, 7 Mar, 2018 at 8:47 AM
Are the prices in the Repair Estimator adjustable by Geo-Location or Zip Code?
The prices in the Repair Estimator are based upon National Average prices.  We recommend you review all prices and customize the database to fit your local...
Wed, 7 Mar, 2018 at 8:47 AM
What are the acronyms in the Repair Estimator?
List of Units of Measure / Acronyms from the Repair Estimator:   ls - Lump Sum - Used for lump sum bids or allowances (Ex: $5000 for Electrical work) ...
Wed, 7 Mar, 2018 at 8:48 AM
What is the Location Adjustment Adder?
The Repair Estimator includes a database of National Average pricing.  You can use the Location Adjustment module to automatically adjust your estimated co...
Fri, 21 Dec, 2018 at 12:47 PM
What are Adders?
Estimate Adders are added costs on top of the Subtotal Repair Cost Estimate for Location, Estimating Contingency, Contractors Overhead & Profit, Labor &...
Fri, 21 Dec, 2018 at 12:49 PM
What is the Contingency Adder?
Contingency is added on to your estimate to cover unforseen issues on the project that could result in additional costs that weren't in your original b...
Fri, 21 Dec, 2018 at 12:49 PM
What is the Contractors Overhead & Profit Adder?
Contractor's Overhead & Profit is used if you are hiring a General Contractor to manage your project.  Your General Contractor will manage hire, ma...
Fri, 21 Dec, 2018 at 12:50 PM
What is the Labor Tax adder?
The Labor Tax adder is used to add a tax on to the Labor costs on the project. Certain areas around the country require you to pay a Labor Tax on Construc...
Fri, 21 Dec, 2018 at 12:50 PM