When it comes to cost estimation of a construction/renovation project, it is observed that homeowners underrate the importance of cost estimation while at a later stage are taken by surprise due to cost overruns. Problem arises when they allocate budget on hearsay based on construction experience of their peers or relatives rather than getting the cost estimation prepared by professional architects or cost estimators. They always end up getting stuck during a project. There are various aspects that needs to be taken into consideration like inflation, uniqueness of each project, soil condition, seismic area, geographic proximity of construction site, hike in fuel prices etc.
We encourage clients to avail the option of cost estimates which would assist them in making timely changes in design with regard to the allocated budget.