Asked by: Aitziber Freisleben
business and finance construction industry

How much do estimators charge?

Last Updated: 16th January, 2020

17
The median annual wage for cost estimators is $64,040. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less.

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Regarding this, how much should I charge for estimates?

You will visit the job site and talk with the folks about what they want done, compile an estimate, give it to them and pray you get the job. We have seen companies charge from $50 all the way up to $750 for estimates, depending on where they were located and the type of work they did.

Beside above, how much does an estimator make an hour? National Average

Salary Range (Percentile)
25th 75th
Monthly Salary $4,333 $6,667
Weekly Salary $1,000 $1,538
Hourly Salary $25 $38

Beside this, what does a cost estimator do?

Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular product or industry.

Is being an estimator a good job?

The Key Traits of a Great Estimator. Estimating is one of the most important jobs in construction. Demand for well-qualified estimators continues to grow because construction is on an upswing. Colleges have strong programs in construction management, but they do not specifically teach detailed trade estimating.

Related Question Answers

Araceli Cardone

Professional

How much can a contractor go over an estimate?

Once you select a contractor, make sure they include the estimate as part of your contract. This way, the contractor cannot charge you more than 10% above the estimated cost – unless you have agreed to new work or a new price and have signed a change to your contract.

Berardo Quibel

Professional

Should you pay for an estimate?

As contractors we know estimates are not free.
Somehow the cost of creating an estimate must be recouped by the contractor. Some contractors may say they don't charge for estimating. If that is true they are working for free and the cost of estimating is not included in the price quoted to the prospect.

Bobbie Hintrager

Professional

Do quotes cost money?

Quotes. A quote is an offer to do a job for a specified price. Once you accept a quote, the provider can't charge you more than that unless you agree to extra work, or the scope of the job changes while it is underway. Legally, this is known as a variation to your contract.

Caroyln Mittermuller

Explainer

Does charging for quotes work?

The short answer is YES, you should be charging for quotes, especially if you do itemized quotes or D&C. Now you're probably thinking, but Kurt my competitors aren't charging for quotes so how am I going to get any work, especially when the phone has stopped ringing!

Sindy Heilbronner

Explainer

Do builders charge for quotes?

Charging for quotations is not a common building industry practice. But builders can pick and choose their jobs, and charge for quotes and in order to discourage “check pricing” by some consumers. The quotation was needed to verify the price offered by the builder of their choice.

Shirin De Rocha

Explainer

How much should I charge for construction estimates?

Contractors will either offer a free estimate or charge $50 to $1,000, depending on the project. For example, if you need an inspection or design consultation service, expect to pay for those. If you pay for your estimate, many general contractors will put that fee toward your project if you hire them.

Chelsey Adjubei

Pundit

How do you write an estimate?

Every estimate should at the very least include the following elements:
  1. Job description. Explain the work you'll be doing.
  2. Materials and labor. Provide a high-level view of the necessary materials and labor and the costs for each.
  3. Total cost.
  4. This is a big one.
  5. Sales and company contact info.

Meixia Robakidze

Pundit

Do electricians charge for an estimate?

Most electricians charge by the hour, and an experienced professional should be able to give you a reasonably accurate hours-needed estimate from the start. But there are other factors that can affect the cost of your electrical job, depending on the type of job you need accomplished.

Celmira Grodten

Pundit

What is an estimator project manager?

Working As An Estimator Project Manager
Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular product or industry.

Hama Oordt

Pundit

How do I estimate the cost of building a house?

To do this, take the total cost of your project, as outlined by your builder, and divide this number by the total number of square feet in your project.

Neide Tsarikaev

Pundit

What does an estimating assistant do?

What Does An Estimating Assistant Do. Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service.

Devona Churyukin

Teacher

What are the duties of a construction estimator?

Construction Estimators are generally responsible for estimating work of particular projects. They estimate work by gathering proposals, blueprints, specifications, and related documents. In addition, they estimate labor, material, and time requirements in order to be able to compute the overall cost of the project.

Iurii Pushkala

Teacher

What does a steel estimator do?

Prepare estimates on new projects - Estimate prices for change orders on existing contracts - Prepare take off of steel materials… Prepare estimates on new projects - Estimate prices for change orders on existing contracts - Prepare take off of steel materials…

Neo Mitlacher

Teacher

What does a mechanical estimator do?

Job Description for Mechanical Estimator
Determine list of material takeoffs to define quantities of work materials. Determine work crews and production rates for performance of required tasks.

Diyana Polli

Teacher

How much does an entry level estimator make?

The average salary for an Entry Level Estimator is $46,641 per year in the United States.

Yosune Quettier

Reviewer

What is a trainee estimator?

Known in the industry as either an Estimator or Cost Planner, but whichever term is used they work out how much it costs to supply a building or services to a client. They become involved in a project in its early stages, often whilst in competition with other companies.

Shaira Valdelomar

Reviewer

Do insurance adjusters make good money?

Entry-level salaries for staff adjusters average about 40k. But an independent adjuster can make a lot more than $100,000 in a good year, especially handling catastrophe claims. But an independent adjuster can make a lot more than $100,000 in a good year, especially handling catastrophe claims.

Jinhua Gossel

Reviewer

How much does a concrete estimator make?

National Average
Salary Range (Percentile)
25th Average
Annual Salary $57,500 $72,969
Monthly Salary $4,792 $6,081
Weekly Salary $1,106 $1,403

Yina Bicho

Reviewer

What is a project engineer salary?

How much does a Project Engineer I make in the United States? The average Project Engineer I salary in the United States is $72,422 as of December 26, 2019, but the range typically falls between $66,834 and $82,220.