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New home build estimator template

Show clients a preliminary budget for a new custom home or an addition at three finish levels, priced from the floor area they enter. Basements, garages, storeys, lot slope and services are handled your way. It's a budget range to plan with, not a quote.

Try it as a customer would

Fieldstone Custom Homes (sample business) Sample result: New 2,150 sq ft two-storey home with a 1,100 sq ft unfinished basement and a double garage, flat lot, municipal services Before tax
Standard $780,000 CAD
Design, permits and site setup · $25,000 Construction of finished floor area · $645,000 Unfinished basement · $55,000 Attached double garage · $55,000
Upgraded $958,000 CAD
Design, permits and site setup · $35,000 Construction of finished floor area · $806,250 Unfinished basement · $55,000 Attached double garage · $62,000
Luxury $1,201,000 CAD
Design, permits and site setup · $50,000 Construction of finished floor area · $1,021,250 Unfinished basement · $55,000 Attached double garage · $75,000

Fictional business and sample prices. Preliminary estimate based on the answers; final pricing follows an assessment.

Questions included

  1. What are you building? A new home An addition to my home
  2. Finished floor area above ground Measured in sqft “I don't know” → asks for an assessment
  3. Number of storeys 1 storey · 2 storeys · 3 storeys
  4. Basement None (slab or crawlspace) Unfinished basement Finished basement
  5. Basement area Measured in sqft “I don't know” → asks for an assessment
  6. Attached garage None · Single · Double
  7. The building lot Flat Gently sloped Steep, rocky or hard to reach “I don't know” → shows a price range
  8. Water and sewer Municipal water and sewer · Well and septic

Prices you supply

  • Design, permits and site setup Your installed price for each package
  • Construction of finished floor area Your rate per sqft
  • Unfinished basement Your rate per sqft
  • Finished basement Your rate per sqft
  • Attached single garage A fixed extra when it applies
  • Attached double garage A fixed extra when it applies
  • Tie-in to the existing house A fixed extra when it applies
  • Well and septic allowance A fixed extra when it applies
  • Single storey (larger foundation and roof) A percentage of named items (sample: 6%)
  • Third storey (extra structure and access) A percentage of named items (sample: 5%)
  • Sloped lot A percentage of named items (sample: 8%)
  • Minimum job priceNo estimate shows less (sample: $75,000)
  • Assessment rule: Steep or difficult lotSteep, rocky or hard-to-reach lots need a site review, and often a soils report, before we can set a budget.

How the price is worked out

Each finish level has a rate per square foot of finished floor area above ground: $300, $375 or $475 in the sample. Design, permits and site setup are $25,000, $35,000 or $50,000. A 2,150 sq ft two-storey home adds a 1,100 sq ft unfinished basement at $50 per sq ft and an attached double garage at $55,000, $62,000 or $75,000. On a flat lot with municipal services, nothing else is added. Budgets are rounded to the nearest $1,000. That gives $780,000, $958,000 and $1,201,000 before tax.

A single storey adds 6% and a third storey 5% of the floor-area charge, and a gently sloped lot adds 8% of the floor-area and basement charges. If the client doesn't know the floor area, the estimate asks for a meeting instead of guessing. If they're unsure about the lot, it shows a range.

What you can change

  • Finish levels and every rate per square foot.
  • Basement, garage, addition tie-in and well and septic prices.
  • The storey and slope percentages, and which lots need a site review.
  • Your minimum budget and rounding.

What still needs your design work

Plans, soils, servicing, permits and the client's selections. The estimate shows its assumptions and says it's a preliminary budget, not a quote.

Putting it on your website

Build, test and publish your first estimator free, for as long as you like. Unlimited estimators are $35 a month in the US or $45 CAD in Canada (pricing). Add it to your website with a short embed code, or share a hosted link.

Use this template free

Used by: home builders.