Regulatory mandates and improved affordability of green, sustainable and eco-friendly materials, leading to them to be used more in construction. Green materials in construction are often attractive to tenants and investors because they can lower the cost of building maintenance while reducing carbon footprints. The following is a list of eco-friendly building materials that can […]
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Estimating the Cost of a Commercial Building Project
Making your next commercial building project successful starts with anticipating and estimating costs. In the currently volatile real estate and construction markets, the difference between an accurate estimation and one that fails to incorporate all potential variables is enormous. To bring a project in on time and under budget, you need a realistic projection down to […]
6 Phases of the Construction Process
The stages of the construction process vary from project to project but whether you are a property owner, manager, project manager or just a stakeholder wanting to know more about what goes on behind the scenes of a construction project, here is your opportunity to dig deeper. Conceptual Phase Every project has objectives. The goal […]
10 Types of Construction Estimates and their Definitions
Construction project cost estimation is a complex endeavor that can change on a dime (or a dollar) depending on the size and anticipated scope of the project. Volatile market conditions such as fluctuating prices, and changes in the supplier environment and regulations can all be hard to predict and therefore difficult to incorporate into an […]
Calculating Labor Construction Costs
Construction labor costs are escalating and represent a major variable cost to any construction project. It’s good to understand what factors contribute to labor costs and how to calculate them. You may want to calculate labor for a major home renovation project or perhaps for a major construction project like building an office plaza. Either […]
Accurately Calculate Home Renovation Costs
Accurately projecting how much it is to renovate or remodel a home is key to completing projects on time and on budget. Accurate budget projections are relied upon by both homeowners and contractors alike to determine project scope and timeline. There are many variables when accounting for home renovation and remodeling costs. This is true […]