Precisely.

Tracking down to the individual parts is virtually unheard of in construction precisely because it's so tedious and expensive to do it.Problem 2 - Make people buy things on separate receipts and mark the receipts for each job.Quickbooks premier is about the best off-the-shelf solution you're going to get without spending huge bucks on a custom program.

I never ask to paint match because it can never be done precisely.  

You can't model the expenses precisely unless you have some super quality tenant on a big, stable project.

In response to your question, it is important to note, as Buffett is fond of saying, that it is better to be approximately right than precisely wrong.

I really have no idea.I know this is a difficult question to answer with precision, but I'm just looking for a ballpark idea from anyone who has been through this before. 

Hello Junior Salters, your yellow letters should consist of a short precise message to your potential prospect.

Okay, that helps, thanks...I've been assuming about $200K/sf, and just wanted to make sure that it's not closer to $400/sf...This isn't an investment (which is why precision isn't very important) -- a friend is planning to buy and renovate his personal residence, and he just wants to know about where his costs will be, to the nearest couple hundred thousand dollars...

I would not rely to much on rentometer or zillow for precise numbers.  

It looks like it is a similar model except on a larger scale with precise rehab calculations.