Scope Precision EstimateContact Us

Real Estate Investor Estimating

Send your plans, scope notes, and purchase contract. We return a CSI-organized line-item rehab budget you can underwrite, cut scope from, and hand to a lender.

24–48 hours for most projectsTypical turnaround
Excel + marked-up PDFsOrganized by CSI section
ZIP-code pricingLocal material and labor
Price confirmed firstBefore any work starts
Sample estimate sheet
Division 09 — FinishesSample format
Line itemQtyUnitQuantity
LVP flooring 6 mil wear layer1,850SF1,850 SF
Carpet and 8 lb pad720SF80 SY
Interior paint walls/ceilings5,200SF5,200 SF
Shower tile surround96SF96 SF
Interior door paint14EA—
Total finish quantities7,946 units (SF/SY/EA mixed)
Illustrative quantities. Waste factor applied as a separate line.
Backer board counted

What is real estate investor estimating?

Real estate investor estimating is a line-item rehab takeoff priced for underwriting, organized by CSI MasterFormat division with quantities in trade units such as SF, LF and EA. Deliverables are Excel and PDF with marked-up plan sets, using ZIP-code-adjusted material and labor pricing, typically returned in 24–48 hours.

  • Quantities come in trade units: SF, LF, EA, SY and CY
  • Waste factors are typical ranges, not exact field yields
  • The most common costly miss is hidden conditions behind finishes

You have a property under contract, a hard money term sheet, or a rental that needs turnover work, and you need to know what the rehab actually costs before your contingency period closes. A single construction total does not help you decide. You need line items you can compare against your draw schedule, cut when the numbers run hot, and defend to an appraiser or lender.

Deliverable
Excel estimate + marked-up PDF plans
Organized by
CSI MasterFormat section
Turnaround
24–48 hours for most projects
Pricing
ZIP-code-adjusted material and labor pricing
Software
Bluebeam Revu, PlanSwift, RSMeans data

We take off your rehab scope the same way a general contractor would price it, then organize it for underwriting. Every line carries a CSI MasterFormat division and section number, a quantity in the unit your trade partner bids in, and a ZIP-code-adjusted material and labor price. For example, Division 3 concrete footings are measured in cubic yards, Division 6 wood framing in board feet or linear feet, and Division 9 finishes in square feet. If you are also building new units, our home builder estimating services use the same format. For ground-up commercial or multifamily, see developer and owner estimating.

Most investor projects come back in 24–48 hours, with rush turnaround available. Deliverables are Excel and PDF, organized by division, with marked-up plan sets so you can see exactly where each quantity came from. We use Bluebeam Revu, PlanSwift, and RSMeans data for on-screen takeoff and pricing. If your project is a renovation rather than a gut flip, renovation contractor estimating covers occupied-space phasing and protection. For storm or water damage scopes, insurance restoration contractor estimating addresses carrier formats and Xactimate-style line items.

When you send construction documents, we review the full set for addendum items and note any assumptions. Each bid package is organized so you can forward it to subs for request for proposal pricing. We also flag code triggers such as IBC, NFPA 13, and ADA standards that may require upgrades during due diligence. If you need a material takeoff for a specific trade, subcontractor estimating services can isolate that scope.

Services

What the investor construction takeoff covers

We measure from your plans, photos, and scope notes. If you only have a walkthrough video and a room count, we can still produce a budget using typical dimensions, flagged as assumptions. The estimate follows CSI MasterFormat divisions so your contractor, lender, and inspector can all read the same document.

Selective Demolition

Interior gut, flooring tear-out and fixture removal measured by area and count, with dumpster pulls priced per haul.

SF · EA · CY

Foundation and Slab

Crack injection, pier and beam leveling and concrete patching measured by linear feet and square feet of repair.

LF · SF · EA

Framing Repair

Sistered joists, new stud walls and subfloor replacement priced by linear feet, square feet and piece count.

LF · SF · EA

Roofing

Tear-off, underlayment, shingles, flashing and drip edge measured by roof squares, with ridge and hip by linear feet.

SQ · LF · EA

Doors and Windows

Exterior entry, interior hollow-core and vinyl replacement units counted each, with trim and hardware allowances.

EA · LF

Drywall and Paint

Hang, tape, finish and texture match by wall and ceiling area, with paint by coat over the same surfaces.

SF · GAL

Kitchen and Flooring

Cabinets, countertops, sink and disposal counted each; LVP, carpet and sheet vinyl measured by square feet.

EA · LF · SF · SY

MEP Systems

Plumbing fixtures, HVAC equipment and electrical devices counted each, with rough-in repairs by linear feet.

EA · LF · TON

What every real estate investor estimating takeoff includes

  • Selective demolition: interior gut, flooring tear-out, fixture removal, dumpster count
  • Foundation and slab repair: crack injection, pier and beam leveling, concrete patching
  • Framing repair: sistered joists, new stud walls, subfloor replacement
  • Roofing: tear-off, underlayment, shingles, flashing, drip edge, ridge and hip
  • Doors and windows: exterior entry, interior hollow-core, vinyl replacement units
  • Drywall: hang, tape, finish, texture match, moisture-resistant board in baths
  • Flooring: LVP, carpet and pad, sheet vinyl, stair nosing, transitions
  • Paint: interior walls and ceilings, trim, doors, exterior body and trim
  • Kitchen: cabinets, countertops, sink, faucet, disposal
  • Plumbing: water heater, fixtures, supply and drain rough-in repairs
  • HVAC: condenser and air handler, flex duct, registers, thermostat
  • Electrical: panel upgrade, circuits, outlets, switches, GFCI, smoke/CO detectors
How we work

How we handle fix and flip estimating

  1. Scope and exit strategyWe start with your exit: flip, BRRRR, or rental hold. A flip targets resale-grade finishes; a rental hold targets durable, low-maintenance finishes. That decision changes the flooring, countertop, and cabinet lines before we measure anything. We note the target ARV and hold period on the estimate header so the finish package is documented.
  2. Plan and photo reviewWe open your plans in Bluebeam Revu and scale-check the floor plan against the stated square footage. If you have photos or a walkthrough video, we use them to confirm existing conditions: roof layers, panel size, HVAC age, and visible water damage. Any dimension we cannot verify is flagged as an assumption on the marked-up set.
  3. Demolition and dumpster countWe measure the gut area in SF and count fixture removals in EA. From that we estimate dumpster pulls: a 1,500 SF full gut typically needs 2–4 pulls of a 30 or 40 CY container. We list each pull as a separate LS line so you can see the haul-off cost, not just the tear-out labor.
  4. Structural and envelope takeoffWe measure roof squares (SQ) for tear-off, underlayment, and shingles, and add decking replacement in sheets when the roof is older than 15 years. Siding, fascia, and soffit are measured in SF and LF. Window and door counts come from the elevation and floor plan, sized by rough opening.
  5. Interior systems and finishesDrywall is measured in SF with corner bead in LF. Flooring is split by product: LVP in SF, carpet in SY, tile in SF with cement board and waterproofing membrane. Paint is measured in SF for walls and LF for trim. Cabinets are counted in LF of base and wall runs, with countertops in SF.
  6. MEP rough-in and fixturesWe count electrical devices in EA: outlets, switches, GFCI, can lights, smoke/CO detectors. Plumbing fixtures are EA, with supply and drain repairs in LF. HVAC equipment is sized in TON, with flex duct in LF and registers in EA. Panel upgrades and meter bases are separate EA lines.
  7. Pricing and assemblyWe apply ZIP-code-adjusted material and labor pricing from RSMeans data, then assemble the estimate in Excel by CSI division. Waste factors are shown as separate lines so you can see the allowance. The PDF includes the marked-up plan set with each quantity highlighted or dimensioned.

What to send us

  • Plans or sketchesFloor plan, elevations, and any structural sheets. Even a hand sketch with dimensions helps us scale the takeoff.
  • Scope notesYour list of what stays and what goes. Note any items you plan to keep, such as cabinets or flooring.
  • Photos or videoWalkthrough photos of roof, panel, HVAC, plumbing, and any visible damage. These confirm existing conditions.
  • Exit strategyFlip, BRRRR, or rental hold. This sets the finish grade and the durability expectations for the estimate.
  • Target ARVYour after-repair value estimate. We use it to sanity-check the finish package and flag over-improvement.
  • Lender draw scheduleIf you have one, send it. We can group line items to match your draw milestones.
Sample output

Sample takeoff format — illustrative quantities

This is the format you receive: CSI section, line item with spec detail, quantity, unit, and the sheet where the quantity was measured.

Sample format — illustrative quantities
SectionLine itemQtyUnitRef.
02 41 00Interior gut — remove drywall, flooring, cabinets1,500SFA-101
07 31 00Architectural shingles — tear-off, underlayment, install22SQA-201
08 53 00Vinyl single-hung window, 3'-0" × 5'-0"12EAA-301
09 29 00Drywall — hang, tape, finish, texture match4,800SFA-401
09 65 00LVP flooring — 6 mil wear layer, glue-down1,200SFA-402
12 35 30Base cabinets — stock RTA, 24 in. deep18LFA-501
26 00 00Panel upgrade — 200A service, meter base1EAE-101
22 00 00Plumbing — water heater, 50 gal, replace1EAP-101
23 00 00HVAC — condenser and air handler, 3-ton1EAM-101
31 00 00Site work — grading and cleanup2,500SFC-101

Units we measure in

Each line item is priced in the unit your trade bids in, so you can compare our number to a subcontractor quote without converting.

ItemUnitHow it's measured
DemolitionSFFloor area of gut; dumpsters counted separately in EA
ConcreteCYVolume from length × width × thickness ÷ 27
FramingLFLinear feet of joists, beams, or stud walls measured on plan
RoofingSQ100 SF squares; tear-off, underlayment, and shingles each counted
DrywallSFWall and ceiling surface area; corner bead in LF
FlooringSF or SYLVP and tile in SF; carpet in SY (9 SF per SY)
PaintSF or GALSurface area for walls; gallons for trim and doors
CabinetsLFLinear feet of base and wall runs along the wall
Plumbing fixturesEAEach water heater, toilet, sink, tub, or shower
HVACTON or EATonnage for equipment; EA for registers and thermostats
ElectricalEAEach outlet, switch, can light, or panel
Site workCY or SYExcavation and fill in CY; paving and flatwork in SY

Worked example: LVP flooring takeoff for a 1,200 SF flip

This example walks through the takeoff for luxury vinyl plank (LVP) flooring in a single-story flip. The dimensions are illustrative and not from a specific project. We show every step so you can see how quantities and waste are calculated.

Step 1: Measure the floor area from the plan.

  • Assume a rectangular open plan: living/dining/kitchen area 24 ft × 30 ft = 720 SF.
  • Hallway: 3 ft × 20 ft = 60 SF.
  • Three bedrooms: 12 ft × 12 ft = 144 SF each → 432 SF.
  • Two bathrooms: 5 ft × 8 ft = 40 SF each → 80 SF.
  • Total measured area = 720 + 60 + 432 + 80 = 1,292 SF.

Step 2: Deduct areas not receiving LVP.

  • Bathrooms typically get tile, not LVP. Deduct 80 SF.
  • Net LVP area = 1,292 − 80 = 1,212 SF.

Step 3: Apply waste factor.

  • LVP waste for cuts and defects is typically 5–10%. Use 7% for a standard layout.
  • Waste = 1,212 SF × 0.07 = 84.84 SF → round up to 85 SF.
  • Total LVP to order = 1,212 + 85 = 1,297 SF.
  • Convert to boxes: if each box covers 24 SF, 1,297 ÷ 24 = 54.04 → order 55 boxes (1,320 SF).

Step 4: Count accessories.

  • Transition strips at doorways: 6 doorways × 1 LF = 6 LF.
  • Stair nosing: if stairs are present, count treads. Assume 12 treads → 12 LF.
  • Quarter round or baseboard: measure perimeter of LVP areas. Assume 180 LF.
  • Underlayment: if not pre-attached, measure same as LVP area: 1,212 SF.

Step 5: Price with ZIP-adjusted rates.

  • We apply RSMeans data for material and labor. Material cost per SF and labor cost per SF are separate lines.
  • Example: material $2.50/SF, labor $1.75/SF → total $4.25/SF.
  • Material cost = 1,297 SF × $2.50 = $3,242.50.
  • Labor cost = 1,212 SF × $1.75 = $2,121.00 (labor on net area, not waste).
  • Accessories: transitions $8/LF × 6 = $48; stair nosing $12/LF × 12 = $144; quarter round $1.50/LF × 180 = $270.
  • Total LVP line = $3,242.50 + $2,121 + $48 + $144 + $270 = $5,825.50.

Step 6: Document assumptions.

  • We note that bathroom tile is excluded and will be a separate line.
  • If the plan shows a non-rectangular layout, we would use a higher waste factor (10%).
  • All quantities are flagged on the marked-up plan set.

This level of detail lets you compare our number to a flooring subcontractor bid and see exactly where the waste and accessories are accounted for.

Cost drivers

What moves the construction cost estimate for investors

Relative impact on a typical estimate for this trade, based on estimator judgment. Select a bar for details.

Scale: 1 = minor, 5 = major relative impact. Estimator judgment, not measured data.
Relative impact 5 / 5

Hidden conditions

Subfloor rot, joist damage, and mold appear after flooring tear-out. We flag these as a contingency line, typically 10–15% for flips, so your budget shows the risk rather than hiding it in a unit price. This allowance is separate from any repair line items we can measure from photos or plans.

Hidden conditions

Subfloor rot, joist damage, and mold appear after flooring tear-out. We flag these as a contingency line, typically 10–15% for flips, so your budget shows the risk rather than hiding it in a unit price. This allowance is separate from any repair line items we can measure from photos or plans.

Finish grade

Builder-grade LVP, laminate counters, and stock RTA cabinets cost less than engineered wood, quartz, and semi-custom cabinets. The delta can be several dollars per SF on flooring alone. We price the package that matches your exit. For a flip, we default to resale-grade finishes; for a rental hold, we specify durable, low-maintenance materials.

Roof layers and decking

Two layers of tear-off cost more in labor and dumpster space than one. Decking replacement adds sheets of 1/2 in. OSB or plywood. We count both separately so you see the difference. If the roof is older than 15 years, we add a decking allowance in sheets and flag it as a contingency.

MEP age and code

A 1960s panel, galvanized supply lines, and a 20-year-old condenser all trigger replacement. Code-required upgrades such as GFCI, smoke/CO, and egress windows add scope. Confirm the adopted code edition with the local building department. We list these as separate line items so you can decide what to pull.

Permit-driven scope

Permits can require handrail height, window egress, and ventilation changes that were not in your original plan. We list permit-required items as a separate group so you can decide what to pull. This group often includes smoke/CO detectors, GFCI outlets, and egress window wells.

Access and staging

A narrow lot, no driveway, or occupied neighboring units change dumpster placement and material handling. We add labor for long carries and note any street permit needed. If a crane or pump truck is required, we list it as a separate LS line.

Sewer and water service condition

A sewer camera inspection often reveals root intrusion, bellied pipe, or offset joints. Spot repairs are priced per LF, and full replacement can run the length of the yard. We add a sewer line item when the home is older than 30 years, and flag it as a contingency if no camera report is provided.

Scope gaps

Common scope gaps we catch

Investor budgets fail when a line is missing, not when a unit price is slightly off. These are the items we see most often.

  • Dumpster count and haul-off. A full gut of a 1,500 SF house often needs 2–4 pulls, not one. We count pulls from the demolition SF and list each as a separate line.
  • Roof decking replacement. Estimators price shingles but not the 1/2 in. OSB or plywood sheets under them. We add decking when the roof age or photos indicate soft spots.
  • Subfloor and joist repair. Found after flooring tear-out. We include a repair allowance in LF of sistered joists and SF of subfloor replacement.
  • HVAC duct replacement and return-air sizing. When a system is upsized, the existing ducts may be too small. We size ducts in LF and count registers in EA.
  • Electrical panel and meter base. Adding a subpanel or EV-ready circuit often requires a service upgrade. We list panel and meter base as separate EA lines.
  • Sewer line scoping and spot repair. Camera inspection and LF of pipe replacement are rarely in the original scope. We add a sewer line item when the home is older than 30 years.
  • Exterior items: siding repair, fascia and soffit, gutters, grading. These hide in elevation sheets. We measure them in SF and LF so they do not disappear.
  • Punch-list and final clean. Staging and photo-day touch-ups carry real labor. We include a punch-list allowance and a final clean line.
  • Appraisal- or lender-required repairs. Handrails, GFCI, smoke/CO, and roof certification are often missing. We add them as a separate lender-repair group.

Rehab-grade finish packages: cost and durability trade-offs

Matching the finish package to your exit strategy controls both cost and resale value. The table below compares common options along the materials axis.

Finish categoryBuilder-grade optionMid-grade optionResale-grade option
FlooringLVP 6 mil wear layer, $2–3/SFEngineered wood, $5–7/SFTile or solid hardwood, $8–12/SF
CountertopsLaminate, $15–25/SFQuartz, $40–60/SFGranite or quartzite, $60–90/SF
CabinetsStock RTA, $80–120/LFSemi-custom, $150–250/LFCustom, $300–500/LF
Roofing3-tab shingles, $1.50–2.50/SFArchitectural shingles, $2.50–4.00/SFMetal standing seam, $8–12/SF
WindowsVinyl single-hung, $200–300/EAVinyl double-hung, $300–450/EAWood-clad, $600–900/EA
Codes and standards

Codes and standards that affect rehab takeoffs

Model codes

Rehab projects trigger code requirements based on the scope of work and the adopted code edition. The International Residential Code (IRC) governs one- and two-family dwellings and sets egress window sizes, stair dimensions, handrail height, and smoke/CO alarm placement. The International Existing Building Code (IEBC) provides compliance methods for alterations, including the work area method that can limit upgrades to the scope of work. The National Electrical Code (NEC) requires GFCI protection in kitchens, baths, garages, and outdoors, and AFCI protection for most circuits. The International Plumbing Code (IPC) and International Mechanical Code (IMC) set fixture clearances and ventilation rates. Confirm the adopted editions with your local building department; some jurisdictions amend these significantly.

Industry standards

Estimators reference standards that define installation quality and material performance. For concrete, ACI 318 and ACI 332 cover structural and residential concrete. ASTM standards govern material properties: ASTM C627 for tile, ASTM D5116 for flooring emissions, and ASTM E84 for surface burning characteristics. The Gypsum Association (GA) publishes GA-216 for drywall installation, which affects fastener spacing and joint treatment. The National Roofing Contractors Association (NRCA) provides roof system details that influence flashing and underlayment quantities. SMACNA standards guide duct sizing and installation. These standards are often referenced in specifications and change labor and material quantities.

Specification sections

CSI MasterFormat sections define the work and materials. Key sections for rehab include 02 41 00 (Demolition), 03 30 00 (Cast-in-Place Concrete), 06 10 00 (Rough Carpentry), 07 31 00 (Shingles), 08 53 00 (Windows), 09 29 00 (Gypsum Board), 09 65 00 (Resilient Flooring), 12 35 30 (Kitchen Casework), 22 00 00 (Plumbing), 23 00 00 (HVAC), and 26 00 00 (Electrical). Within each section, the specification dictates material grade, installation method, and required submittals. For example, 09 29 00 may require moisture-resistant board in bathrooms, which adds cost per SF.

Local amendments

Local jurisdictions adopt model codes with amendments that vary by state, county, and city. For example, some areas require sprinklers in all new construction, while others only in larger buildings. Energy codes like the IECC set insulation R-values and window U-factors that can trigger upgrades during a rehab. Historic districts may impose additional review and material requirements. Always confirm the adopted code edition and local amendments with the local building department before finalizing your estimate. We flag potential code-driven items in our assumption log.

Who we provide estimates for

Who uses this rental property construction estimate

Fix-and-flip investor

You need a line-item budget before your contingency period closes. The estimate shows what to cut if the numbers run hot and what to keep for resale value.

BRRRR investor

You need to know the rehab cost that goes into the refinance basis. We group line items so your lender can see the work and your draw schedule can match the scope.

Rental portfolio owner

You are turning a unit between tenants. The estimate separates turnover items from capital items so you can decide what to repair now and what to defer.

Small developer

You are building or renovating a few units and need a third-party number. The CSI format lets your GC compare our quantities to their bid.

Hard money lender

You need a draw schedule backed by quantities. The estimate shows the scope behind each draw request and flags items that are not in the budget.

Wholesaler

You need a quick rehab number to market a contract. We can produce a budget from photos and a room count, flagged as assumptions.

Where we provide estimates

Real Estate Investor Estimating in 20 states

Pricing is adjusted to the project ZIP code. Select a highlighted state to see the cities we cover there.

States we coverSelected
TX

Real Estate Investor Estimating in Texas

Nation's largest construction market; Sun Belt population growth, data centers, semiconductor plants, and single-family home building.

Texas estimating services
Property types

Rehab project types and what changes in the takeoff

The scope and depth of a rehab takeoff vary by project type. Below are common investor scenarios and the key differences in measurement and pricing.

Full gut flip

Complete interior demolition to studs; all systems replaced. Takeoff includes dumpster pulls, framing repair, and full MEP.

Watch for: Watch for hidden structural damage and code-required upgrades that add scope.

Cosmetic flip

Paint, flooring, fixtures, and minor repairs. No structural or MEP changes. Quantities focus on finishes and light electrical.

Watch for: Watch for outdated finishes that may require surface prep or subfloor leveling.

BRRRR rental

Durable finishes, limited layout changes. Takeoff emphasizes low-maintenance materials and turnover-friendly fixtures.

Watch for: Watch for deferred maintenance items like roof age or HVAC efficiency that affect rental income.

Turnover rehab

Unit-to-unit refresh between tenants. Scope includes paint, carpet or LVP, and fixture replacement.

Watch for: Watch for wear patterns that indicate subfloor issues or plumbing leaks.

Addition / ADU

New square footage attached or detached. Takeoff includes foundation, framing, roofing, and full MEP.

Watch for: Watch for utility capacity and zoning setbacks that may require upgrades.

Mixed-use conversion

Commercial to residential or vice versa. Takeoff includes code-driven changes to egress, fire separation, and ADA.

Watch for: Watch for change-of-use permit requirements and impact fees.

Deliverables

What you receive

  • Excel workbook organized by CSI MasterFormat division, with each line item, quantity, unit, and unit price.
  • PDF estimate with the same line items, formatted for lender and contractor review.
  • Marked-up plan set showing where each quantity was measured, with dimensions and highlights.
  • ZIP-code-adjusted material and labor pricing from RSMeans data.
  • Separate contingency line, typically 10–15% for flips, shown as its own item.
  • Assumption log listing every dimension or condition we could not verify from the documents.
  • Draw-schedule grouping on request, matching line items to your lender's draw milestones.
Checklist

Pre-bid checklist for investor rehab estimates

  • Confirm exit strategy: flip, BRRRR, or rental hold.
  • Verify square footage from plans or measurement.
  • Identify load-bearing walls and structural changes.
  • Check roof age and layers for tear-off count.
  • Note electrical panel size and service type.
  • Inspect HVAC age and duct condition.
  • Test plumbing for leaks and water pressure.
  • Look for signs of water damage or mold.
  • Determine window and door sizes for replacement.
  • Confirm permit requirements with local building department.
  • List any owner-furnished materials or fixtures.
  • Establish contingency percentage based on condition.
Client reviews

What clients say about Scope Precision Estimate

10 client reviews
DT
Daniel ThompsonCommercial Contractor

Very impressed with the accuracy and turnaround time. Their estimate gave us a clear picture of material and labor costs before starting the project.

SH
Steven HarrisCommercial Builder

The quality of the estimate exceeded our expectations. Their detailed breakdown of labor, materials, and project costs gave us confidence in our bid.

MA
Michael AndersonGeneral Contractor

The cost estimate was detailed, accurate, and easy to understand. It helped us prepare our bid confidently and stay competitive without overlooking important costs.

AW
Andrew WilsonGeneral Contractor

Highly recommended for construction cost estimating. The quantities were accurate, the pricing was well organized, and the final report was easy to review.

MD
Matthew DavisConstruction Manager

Their construction estimate was thorough and professionally prepared. It made our budgeting process much easier and helped us identify potential cost issues early.

CM
Christopher MillerResidential Builder

We needed a quick and accurate construction cost estimate, and they delivered exactly what we needed. Great attention to detail and a very responsive team.

FAQ

Real Estate Investor Estimating questions

How do you handle projects where I only have photos and no plans?

We can produce a budget from photos and a room count, but it will be flagged as assumptions-based. We use typical dimensions for similar layouts and note every assumption in the log. This is common for wholesalers or investors who need a quick number before bidding. The estimate will have a higher contingency line to cover unknowns. For a more accurate takeoff, we recommend a measured sketch or a walkthrough video with a tape measure.

Can you group line items to match my lender's draw schedule?

Yes. If you provide your lender's draw milestones, we can group line items accordingly. For example, we can combine all demolition and dumpster pulls into a 'demo draw' and all rough MEP into a 'systems draw'. This helps your draw requests align with the work completed. We can also provide a separate summary sheet that maps CSI divisions to draw stages.

What is the typical waste factor you apply for flooring and tile?

We apply waste factors as separate lines so you can see the allowance. For LVP and laminate, we use 5–10% depending on layout complexity. For tile, we use 10–15% for cuts and breakage. Carpet is typically 5–10% for seams and pattern matching. These factors are based on industry standards and your project's specific conditions. We adjust them if the plan shows many angles or small rooms.

Do you include permits and impact fees in the estimate?

No, permit fees and impact fees are soft costs that we exclude from the construction estimate. We recommend carrying them as a separate line in your pro forma. However, we do include permit-driven scope items like egress windows, GFCI outlets, and handrails if they are required by code. We flag these as a separate group so you can see the cost impact of code compliance.

How do you price MEP upgrades when the existing systems are outdated?

We price replacement of outdated systems as separate line items. For electrical, we count panel upgrades, meter bases, and new circuits in EA. For plumbing, we count water heaters, fixtures, and supply/drain repairs in LF. For HVAC, we size equipment in TON and count ducts in LF. If the existing system can be reused, we note that as an option. We also flag code-required upgrades like GFCI and AFCI.

What is your turnaround time for a rehab estimate?

Most investor projects come back in 24–48 hours. Rush turnaround is available for an additional fee. The timeline depends on the completeness of your documents. If we have full plans and a scope list, we can start immediately. If we need to make assumptions from photos, we may need a day to compile the assumption log. We prioritize projects with closing deadlines.

Can you provide a cost breakdown for different finish grades?

Yes. We can price multiple finish packages—builder-grade, mid-grade, and resale-grade—so you can compare the cost delta. For example, we can show the difference between LVP and engineered wood, or laminate and quartz countertops. This helps you match the package to your exit strategy and target ARV. We provide a side-by-side comparison in Excel.

How do you handle hidden conditions like subfloor rot or mold?

We include a contingency line, typically 10–15% for flips, to cover hidden conditions. This is separate from any repair line items we can measure from photos or plans. If you have inspection reports or photos showing damage, we can add specific repair quantities. Otherwise, the contingency is your risk buffer. We recommend a higher contingency for older homes or properties with deferred maintenance.

Do you provide marked-up plans with the estimate?

Yes. The PDF deliverable includes a marked-up plan set showing where each quantity was measured. We highlight areas and dimension key items so you can verify the takeoff. This is useful when comparing our numbers to a contractor's bid or explaining the scope to your lender. The marked-up set is organized by CSI division for easy reference.

What if my project is a rental turnover and not a full gut?

We handle turnover scopes as well. The takeoff focuses on paint, flooring, fixtures, and minor repairs. We separate turnover items from capital items so you can decide what to repair now and what to defer. For example, we might list carpet replacement as a turnover item and roof replacement as a capital item. This helps you manage cash flow and maintenance budgets.

Can you estimate a project in a different state?

Yes. We use ZIP-code-adjusted pricing from RSMeans data, so we can estimate projects anywhere in the U.S. We also account for regional labor rates and material availability. For projects in states with specific code amendments, we flag potential differences and recommend confirming with the local building department. We have experience with projects in Texas, California, Florida, New York, and North Carolina.

How do you handle owner-furnished materials?

We exclude owner-furnished materials from the material cost but include labor for installation. We list them as separate line items with a note that the material is owner-supplied. This ensures your budget reflects the labor and any associated accessories. We can also include a material allowance if you prefer to have a complete number.

Can you provide outsourced investor estimating for a fix and flip?

Yes. We deliver outsourced investor estimating for fix and flip projects using your construction documents or photos. We perform a quantity takeoff in PlanSwift, price with RSMeans data, and organize by CSI division. You receive Excel and PDF files with marked-up plans. Turnaround is 24–48 hours for most projects. We flag addendum items and code triggers like IBC or ADA standards that may affect scope.

What is included in your real estate takeoff services?

Our real estate takeoff services include a full material takeoff and labor quantities for your rehab scope. We measure in units your subs bid in, such as cubic yards for concrete or square feet for finishes. Each line is CSI-coded and ZIP-adjusted. We also provide a bid package format for request for proposal pricing. Deliverables are Excel and PDF with marked-up plans. We note any assumptions and exclusions.

How do you handle investor bid estimating for multiple properties?

For investor bid estimating across multiple properties, we maintain consistent formats so you can compare projects side by side. Each estimate includes a lump sum and line-item breakdown. We track change order potential and flag due diligence items like code upgrades. We use the same takeoff software and pricing basis for each property. Turnaround remains 24–48 hours per project, with rush options available.

RH

Reviewed by Ryan H.

Senior Estimator, 15+ years in construction estimating and cost planning. is a Senior Estimator with more than 15 years of professional experience in construction estimating and cost planning.

  • Construction cost estimating
  • Quantity takeoffs
  • Material and labor cost analysis
  • Bid preparation and evaluation
  • Drawing and specification review
  • Project budgeting

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Get your rehab estimate

Send your plans, photos, and scope notes to receive a line-item rehab budget in 24–48 hours.

  1. We review the set and check for missing sheets or addenda.
  2. You get a quote with a price and a delivery date.
  3. You approve and we start the takeoff.
  4. You receive the Excel estimate and marked-up plans.
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