In construction, Free Estimating can often be done for smaller projects. It is suitable for small or simple projects, like painting a room. But a contractor will charge for an estimate for a complex project. This is because they include detailed planning and numerous other factors to consider. To put it, free estimates can provide you with a general idea about the costs of a project. However, their accuracy will not be up to the mark for larger projects.
This article will help you understand the concept of free estimating by discussing its various aspects. So let’s start with the discussion.
Definition of a Free Estimate
When a company prepares a cost quotation for a client without any charges for a client, that is a free estimate. Experts, such as roofers, painters, or carpenters, often provide free estimating services. This can be a very useful tactic to increase your clientele andis also effective in retaining them.
It is important to know what a free estimate is before using it for your project. The following are the prerequisites of this estimate:
1) It provides a general idea
The estimates that are provided in this process are not very accurate. They will just provide you with a general or a rough idea about how much your project will cost. In such cases, construction takeoff services may serve as a better alternative for obtaining more accurate quantity assessments and material breakdowns.
What Is Construction Takeoff?
If you’re aiming for more precise cost details beyond a free estimate, construction takeoff services might be the next step. A construction takeoff is the process of quantifying materials, labor, and components from blueprints or plans to calculate costs accurately.
2) Variation in Accuracy
Continuing the above point, the accuracy of a free estimate depends on how simple a project is and the commitment of an estimator.
3) Costs are often overlooked
Even in a small project, there are hidden costs as well. For a non-professional individual, it is hard to identify them. As this estimate provides a rough sketch of the costs, some costs might be overlooked.
4) No guarantee of quality
In a free estimate, you cannot be so sure about what quality of work you will be getting from a professional. Also, you will not be able to assess the reliability of an expert as well.
Contributing Factors for a Free Estimate
There are several factors that will contribute to providing a free estimate from an expert. They are as follows:
Project Scope
The size of a project is the primary factor for deciding whether a free estimate can be provided or not. In smaller projects, a free estimate can be given. But that is not the case with larger projects.
Intricate Work
The complexity of a project also plays a paramount role in the estimation process. For an intricate work, there will be complex design layouts and labour-intensive work. Thus, providing a free estimate will not be practical. In such scenarios, it’s often advised to hire a professional MEP estimator who can deliver a detailed, trade-specific and cost-effective estimate based on real-time material and labor costs.
Marketing Strategy
Some experts consider this estimation process a useful marketing tool. They will use this to grow their clientele portfolio.
Where Free Estimating Can Be Useful?
The following discussion will provide you with the information about where these estimates are most useful:
In simple projects
They are feasible for small projects, which can painting a room or repairing windows, doors, etc.
In gathering information
This estimate will help you get a general idea about the overall costs of a project before paying for anything.
In comparing different options
In this estimate, you will be able to compare different bids without having to incur any costs.
Is Using Free Construction Estimating Software Reliable?
- Using construction estimating software that is free will surely be limited. On the surface, it may seem like a great idea, but there are a lot of factors to consider. These factors are as follows:
- To acquire the services of a free estimating software, you will have to give your personal information, and it does not guarantee that your information.
- Using free software also comes with the risk of malware
- Know that in a free software possibility of inaccuracies and errors is high. This is because free software will offer limited features
Conversely, a paid construction estimating software offers a variety of features. On top of that, it ensures that your information is safeguarded and your data is secured. It will also ensure that your data is not provided to any third party without your consent.
Conclusion
To wrap it all up, this article provides you with all the necessary information about Free Estimating. From its prerequisites and factors to where it can be effectively used. It also discusses the reliability of using this type of estimation. Thus, it is important to weigh whether you choose to attain this estimating service. But, it is important to note that the level of precision in a paid estimate is much higher as compared to a free estimate.
