Preliminary Estimates
Preliminary Estimates (also known as Elemental Estimates) are perfect for giving your prospective client a ballpark figure to see if the project is in their price range, before you invest hours of your own precious time. A Preliminary Estimate will provide a rough guide to the probable cost of a building. It is often used for an initial feasibility study when the project is still in the concept stage, after basic plans have been drawn up, to give the client a rough idea of what the contract price might be.
Competitive Advantage
You can give yourself a huge advantage over your competitors by getting a price back to your client within days of providing the plans, rather than weeks or sometimes months.
Client Confidence
Win favour with your prospective client as you value them by responding quickly. There are more ‘Millennials’ entering the market and they don’t care about getting several quotes; they’ll stick with whoever looks after them. A Preliminary Estimate is a great way to start the relationship.
Reduce Wasted Effort
Sometimes a prospective client really just wants to know how much more they have to save. Instead of wasting days or even weeks of your own effort for something that may not even eventuate, let Alliance Estimating produce a ballpark figure within 48 hours.
Preliminary Estimates are not something you want to use to go straight to contract with, but they very quickly let you know if it’s in your client’s price range.
Elements Used
A Preliminary Estimate will break down the cost of your project into the following elements:
- Preliminaries
- Substructure
- Superstructure – Upper Floors
- Superstructure – Staircase
- Superstructure – Roof
- Superstructure – External Walls and Windows
- Superstructure – External Doors
- Superstructure – Internal Walls
- Superstructure – Internal Screens
- Superstructure – Internal Doors
- Finishes – Wall
- Finishes – Floor
- Finishes – Ceiling
- Fitments
- Services – Plumbing
- Services – Mechanical
- Services – Fire
- Services – Electrical
- External Services
- Contingency
- Preliminaries
- Substructure
- Superstructure – Upper Floors
- Superstructure – Staircase
- Superstructure – Roof
- Superstructure – External Walls and Windows
- Superstructure – External Doors
- Superstructure – Internal Walls
- Superstructure – Internal Screens
- Superstructure – Internal Doors
- Finishes – Wall
- Finishes – Floor
- Finishes – Ceiling
- Fitments
- Services – Plumbing
- Services – Mechanical
- Services – Fire
- Services – Electrical
- External Services
- Contingency
Working out the costs
To work out the costs associated with each element, we first determine an approximate square metre cost for the project. The elements are then each assigned a percentage value of the projects overall cost, based on a number of factors.
Both the square metre cost and the percentage assigned to each element are based on average prices for typical buildings, but are largely determined by the following parameters:
- Type of building (eg. project home, individual house, townhouses, apartments, etc…)
- Basic construction methods (eg. framed, brick veneer, full brick, etc…)
- Standard of finish (eg. basic, medium, high, prestige)
- Location of the project (prices are indexed to the closest capital city and loadings for regional areas then applied)
What you get
- marked-up plans so you can see what’s been estimated (and what hasn’t)
- a spreadsheet breaking down the cost of each element in the construction project
- a report detailing how and what has been estimated, including definitions of all of the elements
- returned within two working days
- the satisfaction of saving yourself hours, or even days, of your own time
View more examples of our work
Standard Lowset
- A standard house is a new home construction built with a concrete slab on level ground, truss roof and simple shape, with up to 350m2 floor area.
- TAG members receive a $50 discount ($150). Become a TAG member.
Standard Highset
- A standard house is a new home construction built with a concrete slab on level ground, truss roof and simple shape, with up to 350m2 floor area.
- TAG members receive a $50 discount ($175). Become a TAG member.
Townhouses/Units/Non-standard Houses
- A non-standard build falls outside of the standard description and requires extra effort, the amount of which is different in every case.
- TAG members rate is POA (from $200). Become a TAG member.
Prices Include GST
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