conceptual estimating services
Primary Benefits to You
Gaining a realistic cost of construction from your building concept
Leverage Spence Brothers’ extensive cost estimating data & experience on similarly completed projects
About Conceptual estimating
When it comes to providing a preliminary construction cost projection based on your conceptual design, our portfolio of past construction projects will serve you well in gaining a meaningful perspective.
At the beginning conceptual phase of your project, you’re interested in knowing the approximate cost to construct the building. This will assist you in determining the economic feasibility of how to proceed with the project.
By applying real historic data from Spence Brothers’ diverse project portfolio, factual information is applied to your conceptual estimate.
Estimating your construction costs (and getting an accurate evaluation) is suplemented by Spence Brothers’ large sampling and background of projects very similar to your own. By applying real historic data from Spence Brothers’ diverse project portfolio, factual information is applied to your conceptual estimate. We can also make necessary adjustments allowing for the location, overall scope, construction timing and other factors that will ensure our accuracy.
No two buildings are built the same. However, our conceptual estimating background combines figures from other similarly completed buildings allowing our team to encompass variable finishes and systems you may have envisioned for your building. The science of estimating tells us cost from previous projects; the art is our ability. The art is our ability to visualize your project and the construction of each detail – and to plug in the historical data and adjust it to your specific needs.
Think of Conceptual Estimating as a “first check” against your construction budget. This detail assists the overall cost-control aspect of your project as well. A Spence Brothers Conceptual Estimate will indicate possible cost overruns early enough to work together to provide design alternatives and construction methodologies that have historically saved other Owners money.
Don’t settle for a simple square foot cost! A conceptual estimate will detail building systems and components with a written line item description of what is included – along with its cost.
What can you expect from a Spence Brothers Conceptual Estimate? We’ll provide a detailed description of:
- Information on systems and building components
- Assumptions based on your vision
- Adjustments for cost-saving measures
In other words, it’s everything you will need for decision-making in the next phase of your design.