Getting your figures right is an essential part of any home building project. Armed with the right information, you can ensure the viability of your scheme, identify the best places to focus your budget and make certain your builders’ quotes reflect the work you’re expecting.
There are two main routes to ascertaining costs – namely appointing a quantity surveyor (QS) or an estimator. But how can you tell which is the best fit for your project, and what will they provide?
Read more: Get an accurate project costing with the Build It Estimating Service
The estimator
If you’ve had a project drawn up by a designer that’s not especially unusual, an estimator is likely to be a cost-effective solution to pricing up the job, ready to go out to contractors.
What they do
Estimators work on a wide range of schemes, including renovations, outbuildings, extensions, loft conversions and one-off new build homes.
Their principal role is to cost and quantify all the materials, labour and plant that are needed to complete your project – including calculations for elements such as VAT, wastage, inflation, critical costs, and wear and tear.
If you’ve provided sufficient detail, they will be able to produce a comprehensive cost breakdown, a suggested build programme and a cashflow report so you can see how your spending will unfold during the works.
Their output will be based on a number of assumptions, so estimators tend to offer best value where a single contractor is involved, the location and site are easy to access and the project management will be straightforward.
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Article reference Self Build Costs: Quantity Surveyor or Estimator?
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