Bringing construction projects from the drawing board to occupancy brings together a wide range of industry professionals. Residential and commercial endeavours often require the knowledge and skills of architects, engineers, project managers, financial advisors, contractors, sub-contractors, logistics experts, real estate professionals, insurance professionals and investors. The one thing that people with diverse skill sets have in common is the need for accurate and up-to-date cost information.
The ability to effectively calculate labour, materials, and regional square-footage estimates remains a primary consideration when deciding to move forward with a residential or agricultural construction project. The Douglas Cost Guides are widely used as a resource by industry professionals across the board. These include an agricultural and residential cost guide for construction sector professionals.
How do the Douglas Cost Guides Benefit the Construction Sector?
Because the Douglas Cost Guides are the result of more than three decades of diligent research and pragmatic applications, these cost guides have emerged as a primary resource for the Construction sector. There are three basic ways the cost guides for construction sector professionals prove invaluable — budgeting, industry agreement, and communication.
The Douglas Cost Guides deliver estimates that construction professionals can rely on. This includes initial estimates for substantial projects by architects and engineers as well as professionals all the way through the process.
One of the major issues with not having a definitive cost guide is that professionals in different areas of the construction sector may come up with vastly different estimates. This can create significant disruption. When an insurance adjuster and contractor are not on the same page about the cost of a damaged home or facility, it’s generally the property owner who suffers. A universally recognized cost guide for construction sector professionals keeps projects on track.
Having a go-to agricultural and residential cost guide eases communication. Even when people disagree about a cost, they can recalculate using the Douglas Cost Guides and bridge communication gaps. Having an objective resource helps industry leaders and property owners resolve disputes and avoid work stoppages.
A cost guide for construction sector professionals must be the result of precision research and knowledge about the industry. Karl Douglas crafted these hard-copy and online tools based on more than 30 years of accumulated knowledge and experience.
Frequently Asked Questions:
How will this benefit my construction services?
The Douglas Cost Guides provide construction outfits with a resource that generates Replacement Cost estimates for new construction, based on local and regional costs. These include labour, materials, permitting, and other expenses. Construction professionals can provide clients with accurate quotes and back those numbers up.
Where and how is the costing data gathered and compiled for the area I work in?
Karl Douglas spent more than three decades estimating construction sector costs in the agricultural and residential fields. Having brought all the real and potential expenses into an actionable resource, the guides enjoy ongoing updates to reflect changing costs. The resources account for local and regional cost differences, and all locations are subject to ongoing updates.
How easy are the programmes to use?
The online tool ranks among the more user-friendly resources. It was designed to be used by industry professionals who know the pertinent issues in a project as well as property owners outside the industry. Simply put, the programmes are designed in a way that laypeople can accurately calculate costs.
How detail-oriented are the programmes in terms of residential occupancies or farm structures?
The Douglas Cost Guides provide comprehensive options. This means users can input the relevant data to their unique structure. For instance, the residential cost guide accounts for architectural design, high-end materials, and every conceivable difference between structures. The same reasoning holds true for farm buildings and ancillary facilities.
Construction sector professionals work in an industry where costs and valuations can be vastly different between regions. Materials, labour, and other costs are also subject to continuous change based on supply and demand. That’s why having universally respected resources such as the Douglas Cost Guides is essential.
Arriving at accurate baseline estimates delivers seamless budgeting, mutual agreement, and the ability to communicate based on an objective set of facts. If you are a construction sector professional, subscribe to the Douglas Cost Guides.
How often is the costing data updated?
Costing data is updated regularly based on Canadian construction industry trends and factors, in order to provide construction professionals with the most relevant and up-to-date information.
How much does it cost to subscribe?
Depending on individual and organizational needs, there are different subscription plans available for construction professionals. Please consult our subscription pages for more information.