NT Estimating provides reliable preliminary cost estimates to help developers, contractors, and architects evaluate project feasibility before final designs are complete. With 15+ years of experience and a database of 5,000+ completed projects, we deliver conceptual estimates with ±15-25% accuracy using RS Means, Craftsman, and location-specific pricing data.
Project Planning Stages
- 30% Design Development: Rough Order Magnitude (ROM) estimates
- 60% Schematic Design: Budget-level estimates
- 90% Construction Docs: Definitive estimates
Key Use Cases
✔ Securing financing/investor approval
✔ Validating client budget expectations
✔ Comparing design alternatives
✔ Early contractor/subcontractor negotiations
✔ Feasibility studies for land acquisition
Our Preliminary Estimating Approach
Estimate Types & Accuracy
| Estimate Type | Design Stage | Accuracy Range | Best For |
|---|---|---|---|
| ROM Estimate | 0-30% | ±50% | Initial feasibility |
| Ballpark Estimate | 30-60% | ±30% | Budget planning |
| Budget Estimate | 60-90% | ±15-25% | Financing/GC bids |
| Definitive Estimate | 90-100% | ±5-15% | Final bid prep |
What We Analyze
- Historical Data: Adjusted for time/location factors
- Square Foot Costs: By building type/quality level
- Systems Breakdown: Structural, envelope, MEP
- Market Conditions: Local labor/material pricing