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HomeCOST Estimator for Excel 2.91 - User Guide and FAQ

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Frequently Asked Questions - HomeCOST Estimator for Excel

  1. What are additional features?
    These are additional items that can be incorporated in the estimate. You can make multiple selections.

  2. What are upgrades?
    These are upgraded features from standard features that are already in the estimate. Therefore, upgrade prices are add-on differentials (and sometimes deductions indicating downgrades).

  3. What are Base costs?
    These are the average costs for the indicated work product. Starting from these, HomeCOST Estimator develops total costs depending on your wizard selections.

  4. What are Building and Basement worksheet entries?
    Construction costs vary depending on the size of a building. HomeCOST uses factors that are applicable for different floor areas.

  5. How do I create the estimate report?
    When you click on the "Finish" button of the wizard, HomeCOST estimator will automatically create the estimate report.

  6. Why are additional item quantities are indicated as 1(one) in the report?
    Because HomeCOST does not know your takeoff quantities. These are highlighted green in the report. It is important to edit each additional item entry and change the quantity to the correct amount.

  7. Can I add rows and edit the estimate report?
    Yes, you can. However, because there are built-in formulas, be careful not to erase or overwrite them.

  8. After creating the report, can I change the parameters?
    You can change areas, but not the qualitative parameters such as Quality of Construction, etc. To do that, you have to run the HomeCOST Wizard again.


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