Repeat this process for every relevant cost line to your next residential construction project and you will have a complete estimate template to accurately predict your costs and profits. Next, expand the relevant categories and item lines to see individual cost lines where you can update the line item’s quantities, units, unit cost, cost type, NAHB accounting codes, markup, and margin. After reading through the instructions on the Instructions tab, head over to the Cost Sheet tab. How to use the estimating templateĪfter opening up the estimate template you can save it to your own Google Drive account or download the template as a Microsoft Excel spreadsheet. If you’ve been burned by an estimating mistake in the past it’s time to try a new system. This estimate is for any residential construction professionals who have spent too much time and energy creating their own estimates only to have a wrong calculation ruin their profit margin for a project.
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