FHB Logo Facebook LinkedIn Email Pinterest Twitter X Instagram Tiktok YouTube Plus Icon Close Icon Navigation Search Icon Navigation Search Icon Arrow Down Icon Video Guide Icon Article Guide Icon Modal Close Icon Guide Search Icon Skip to content
Subscribe
Log In
  • How-To
  • Design
  • Tools & Materials
  • Restoration
  • Videos
  • Blogs
  • Forum
  • Magazine
  • Members
  • FHB House
  • Podcast
Log In

Discussion Forum

Discussion Forum

costs and estimating

| Posted in Construction Techniques on August 30, 2002 06:52am

I’m a new general contractor with a big fear of putting myself out of business before I have a chance to succeed. I was wondering if anyone has some good sources for learning to estimate projects and if this subject has been approached in FHB. I also constantly wonder what the detailed cost of many of the projects in the magazine are and if there is any way to access that information.

Thanks

Reply
  • X
  • facebook
  • linkedin
  • pinterest
  • email
  • add to favorites Log in or Sign up to save your favorite articles

Replies

  1. fmanello | Aug 30, 2002 07:47pm | #1

    What part of the country are you in? What type and size of project to you plan to take on.  I am an estimator for a general contractor specializing in high-end residential and light commercial.  I may be able to help you out in those areas.  Let me know if I can help.

    1. romeoraft | Aug 30, 2002 10:42pm | #3

      I am in the Bay area. Working mostly small remodel and renovation work. But I would like to work my way into custom homes. I have requests for the work but don't want to take too big a job too soon. Thanks for the offer!

      1. Beachbuilder | Aug 31, 2002 06:51am | #4

        You may find it helpful to purchase some contractors pricing guides such as those published by R.S. Means, or any of the others available. At least they help you to know if you're in the ballpark, but be forewarned that the "ballpark" can vary widely.

        Experience is the best teacher. Your crew(s) also matter, and that again is a learning experience. Time is what usually kills newer estimators, they don't allow enough in the bids. And don't make the mistake of not marking up materials, or at least allowing for the time it takes to chase parts and pieces, and charging for that time. Don't try to go by new construction guides for remodeling work. Think of taking an exterior door out and replacing it with a new unit as opposed to just hanging a new door in a new opening. You'll learn to add a bit for the unknown factors that you may encounter. Be sure to include wording in your contracts that makes all parties aware that your bid is based upon what you could see, and that conditions may exist that will alter the time and cost required to finish the project. Allow for a fair amount of waste. If something measures out at 320 sqft don't assume that 10 4x8 sheets are going to cover it. I have set up an Excel spreadsheet with prices of most commonly used materials, and I update it regularly. You need to have an accurate idea of what materials are going to cost, and remember to add for small items like fasteners and caulk, it all adds up.

        You'll get more and more comforable with experience. You'll also come up with a balance of crew talents that works for you and the work that you're doing. I use fewer general laborers to serve my carpenters than most, but it works well for me. Keep fairly detailed job breakdowns so you have evidence other than gut feelings of which craftsman does what the best and fastest. Competent estimating is extremely important, but so is management of human resources and time in general, and it all needs to work well together to achieve real success.

        One last bit of advice, never try to justify a bid.

        1. romeoraft | Aug 31, 2002 09:11pm | #5

          Thanks for that reply. I am in the process of taking a class on estimating and have many friends in the field. But it seems that when it gets down to me doing the actual estimate, my confidence level drops through the floor. As far as developing and excellent crew, well that will be another topic for dicussion. I am always interested in how good contractors find great carpenters.

          thanks again

          1. Piffin | Aug 31, 2002 09:21pm | #6

            On that Q it comes down to "Be the kind of builder yopu would want to work for" or apply the golden ruleExcellence is its own reward!

          2. romeoraft | Aug 31, 2002 09:41pm | #7

            I would like to be the kind of builder thats gets articles published in FHB!!!

          3. nigelUsa | Sep 01, 2002 01:50am | #8

            The "off the roof back flip" lowered the standard, so don't be hard on your self!

          4. romeoraft | Sep 01, 2002 02:36am | #9

            I wonder if he qualifies for workers comp if the flip don't work out so well?

          5. Piffin | Sep 01, 2002 06:18pm | #10

            It qulifies him to flip pages in his overdrawn bank acount...Excellence is its own reward!

          6. nigelUsa | Sep 01, 2002 08:11pm | #11

            Had it been on my job, I would have fired his #### in an instant! But I'm sure he has done other dumb stuff before and would have been canned way before this.

  2. User avater
    BossHog | Aug 30, 2002 08:14pm | #2

    Have you tried searching the archives here? Estimating has been discussed, argued, and beaten to death many, many times here. There's probably a wealth of information there, but it takes some time to dig up.

    Here's to our wives and girlfriends.
    May they never meet!

Log in or create an account to post a comment.

Sign up Log in

Become a member and get full access to FineHomebuilding.com

Video Shorts

Categories

  • Business
  • Code Questions
  • Construction Techniques
  • Energy, Heating & Insulation
  • General Discussion
  • Help/Work Wanted
  • Photo Gallery
  • Reader Classified
  • Tools for Home Building

Discussion Forum

Recent Posts and Replies

  • |
  • |
  • |
  • |
  • |
  • |
View More Create Post

Up Next

Video Shorts

Featured Story

Rescuing Old Hardware

Whether it’s already in your house or picked up at a flea market, vintage hardware almost always needs help.

Featured Video

How to Install Cable Rail Around Wood-Post Corners

Use these tips to keep cables tight and straight for a professional-looking deck-railing job.

Related Stories

  • Ramon Martinez, Site Supervisor
  • What Size Nails?
  • Stop Ice Dams When Reroofing
  • Outdoor Lighting

Highlights

Fine Homebuilding All Access
Fine Homebuilding Podcast
Tool Tech
Plus, get an extra 20% off with code GIFT20

"I have learned so much thanks to the searchable articles on the FHB website. I can confidently say that I expect to be a life-long subscriber." - M.K.

Get home building tips, offers, and expert advice in your inbox

Signing you up...

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
See all newsletters
See all newsletters

Fine Homebuilding Magazine

  • Issue 332 - July 2025
    • Custom Built-ins With Job-Site Tools
    • Fight House Fires Through Design
    • Making the Move to Multifamily
  • Issue 331 - June 2025
    • A More Resilient Roof
    • Tool Test: You Need a Drywall Sander
    • Ducted vs. Ductless Heat Pumps
  • Issue 330 - April/May 2025
    • Deck Details for Durability
    • FAQs on HPWHs
    • 10 Tips for a Long-Lasting Paint Job
  • Issue 329 - Feb/Mar 2025
    • Smart Foundation for a Small Addition
    • A Kominka Comes West
    • Making Small Kitchens Work
  • Issue 328 - Dec/Jan 2024
    • How a Pro Replaces Columns
    • Passive House 3.0
    • Tool Test: Compact Line Lasers

Fine Home Building

Newsletter Sign-up

  • Fine Homebuilding

    Home building tips, offers, and expert advice in your inbox.

  • Green Building Advisor

    Building science and energy efficiency advice, plus special offers, in your inbox.

  • Old House Journal

    Repair, renovation, and restoration tips, plus special offers, in your inbox.

Signing you up...

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
See all newsletters

Follow

  • Fine Homebuilding

    Dig into cutting-edge approaches and decades of proven solutions with total access to our experts and tradespeople.

    Start Free Trial Now
    • Facebook
    • Instagram
    • X
    • LinkedIn
  • GBA Prime

    Get instant access to the latest developments in green building, research, and reports from the field.

    Start Free Trial Now
    • Facebook
    • YouTube
  • Old House Journal

    Learn how to restore, repair, update, and decorate your home.

    Subscribe Now
    • Facebook
    • Instagram
    • X
  • Fine Homebuilding

    Dig into cutting-edge approaches and decades of proven solutions with total access to our experts and tradespeople.

    Start Free Trial Now
    • Facebook
    • Instagram
    • X
    • LinkedIn
  • GBA Prime

    Get instant access to the latest developments in green building, research, and reports from the field.

    Start Free Trial Now
    • Facebook
    • YouTube
  • Old House Journal

    Learn how to restore, repair, update, and decorate your home.

    Subscribe Now
    • Facebook
    • Instagram
    • X

Membership & Magazine

  • Online Archive
  • Start Free Trial
  • Magazine Subscription
  • Magazine Renewal
  • Gift a Subscription
  • Customer Support
  • Privacy Preferences
  • About
  • Contact
  • Advertise
  • Careers
  • Terms of Use
  • Site Map
  • Do not sell or share my information
  • Privacy Policy
  • Accessibility
  • California Privacy Rights

© 2025 Active Interest Media. All rights reserved.

Fine Homebuilding receives a commission for items purchased through links on this site, including Amazon Associates and other affiliate advertising programs.

  • Home Group
  • Antique Trader
  • Arts & Crafts Homes
  • Bank Note Reporter
  • Cabin Life
  • Cuisine at Home
  • Fine Gardening
  • Fine Woodworking
  • Green Building Advisor
  • Garden Gate
  • Horticulture
  • Keep Craft Alive
  • Log Home Living
  • Military Trader/Vehicles
  • Numismatic News
  • Numismaster
  • Old Cars Weekly
  • Old House Journal
  • Period Homes
  • Popular Woodworking
  • Script
  • ShopNotes
  • Sports Collectors Digest
  • Threads
  • Timber Home Living
  • Traditional Building
  • Woodsmith
  • World Coin News
  • Writer's Digest
Active Interest Media logo
X
X
This is a dialog window which overlays the main content of the page. The modal window is a 'site map' of the most critical areas of the site. Pressing the Escape (ESC) button will close the modal and bring you back to where you were on the page.

Main Menu

  • How-To
  • Design
  • Tools & Materials
  • Video
  • Blogs
  • Forum
  • Project Guides
  • Reader Projects
  • Magazine
  • Members
  • FHB House

Podcasts

  • FHB Podcast
  • ProTalk

Webinars

  • Upcoming and On-Demand

Podcasts

  • FHB Podcast
  • ProTalk

Webinars

  • Upcoming and On-Demand

Popular Topics

  • Kitchens
  • Business
  • Bedrooms
  • Roofs
  • Architecture and Design
  • Green Building
  • Decks
  • Framing
  • Safety
  • Remodeling
  • Bathrooms
  • Windows
  • Tilework
  • Ceilings
  • HVAC

Magazine

  • Current Issue
  • Past Issues
  • Magazine Index
  • Subscribe
  • Online Archive
  • Author Guidelines

All Access

  • Member Home
  • Start Free Trial
  • Gift Membership

Online Learning

  • Courses
  • Project Guides
  • Reader Projects
  • Podcast

More

  • FHB Ambassadors
  • FHB House
  • Customer Support

Account

  • Log In
  • Join

Newsletter

Get home building tips, offers, and expert advice in your inbox

Signing you up...

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
See all newsletters
See all newsletters

Follow

  • X
  • YouTube
  • instagram
  • facebook
  • pinterest
  • Tiktok

Join All Access

Become a member and get instant access to thousands of videos, how-tos, tool reviews, and design features.

Start Your Free Trial

Subscribe

FHB Magazine

Start your subscription today and save up to 70%

Subscribe

Enjoy unlimited access to Fine Homebuilding. Join Now

Already a member? Log in

We hope you’ve enjoyed your free articles. To keep reading, become a member today.

Get complete site access to expert advice, how-to videos, Code Check, and more, plus the print magazine.

Start your FREE trial

Already a member? Log in

Privacy Policy Update

We use cookies, pixels, script and other tracking technologies to analyze and improve our service, to improve and personalize content, and for advertising to you. We also share information about your use of our site with third-party social media, advertising and analytics partners. You can view our Privacy Policy here and our Terms of Use here.

Cookies

Analytics

These cookies help us track site metrics to improve our sites and provide a better user experience.

Advertising/Social Media

These cookies are used to serve advertisements aligned with your interests.

Essential

These cookies are required to provide basic functions like page navigation and access to secure areas of the website.

Delete My Data

Delete all cookies and associated data