Cost estimating in construction involves predicting the total costs of labor, materials, capital, and professional fees required to construct a proposed project.
Developer profit is the anticipated increase in value created by a real estate developer. This profit represents the difference between the final market value of the developed real estate project and the aggregated costs of materials, labor, and overhead.
Marshall & Swift provides construction cost data that helps in estimating building costs across various types, quality levels, and geographic areas. This information is crucial for appraisers, insurers, and real estate professionals.
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