For Real Estate Developers
AI powered cost estimation based on real market data and historic project performance, not spreadsheets and gut feeling.
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We connect to your historic project data, regional market databases, and publicly available cost indices to build a comprehensive cost model for your portfolio. Every project you have completed becomes a data point that makes future estimates more accurate.
When a new development opportunity comes in, the system generates a detailed cost estimate within minutes. It factors in current material prices, local labor rates, regulatory costs, and your own historic performance on similar projects.
Every estimate includes a risk assessment that identifies where the biggest cost uncertainties lie. The system flags items with high price volatility, supply chain risks, or regulatory dependencies so your team can plan contingencies before committing capital.
Cost estimation does not stop at the feasibility stage. As the project moves through planning and construction, the system continuously compares actual costs against the original estimate. Deviations are flagged early with clear explanations of what changed and why.
If you have further questions, please reach out via our Contact page.
Contact usAt minimum, historic cost data from your completed projects in any structured format. Spreadsheets, ERP exports, or even scanned final cost reports. The more projects you provide, the more accurate the model becomes. We also integrate publicly available market data and cost indices automatically.
Accuracy depends on the quality and quantity of your historic data. With a portfolio of 10 or more comparable completed projects, the system typically achieves estimates within 5% to 10% of actual final costs at feasibility stage. This improves over time as more projects are completed and fed back into the model.
It is designed to complement your cost consultants, not replace them. The system handles the data driven baseline estimate so your consultants can focus on the elements that require judgment, market knowledge, and negotiation. Many of our clients use the system to generate a first estimate in minutes, then have their consultants refine it.
Yes. The system supports residential, commercial, mixed use, and industrial development. Each type uses its own cost model based on relevant benchmarks. If you develop across multiple types, the system maintains separate models and applies the right one automatically based on project parameters.
The system updates its material and labor cost assumptions regularly based on market index data. When you run an estimate, it uses the most current pricing available. For projects with long planning horizons, the system can model cost escalation scenarios based on historic price trends.
Yes. The system supports regional cost models that reflect local labor rates, material availability, regulatory costs, and market conditions. We currently cover the German market in detail, with other European markets being added. Each region uses its own set of benchmarks and cost drivers.
Most cost overruns in real estate development start with inaccurate feasibility estimates. By the time the numbers are wrong, capital is already committed. Our system gives you reliable cost intelligence at the point where it matters most: before you decide to build.
* Figures based on pilot implementations with German residential and commercial developers. Actual results depend on data quality, project type, and market conditions.
We do not build theoretical cost models. Our system is trained on real project data from real developments. Every estimate is traceable, every assumption is documented, and every output is designed to support actual investment decisions.
We test against your completed projects until the model meets your accuracy requirements.
While your competitors still rely on spreadsheet estimates and external cost consultants for every feasibility study, your team generates detailed cost breakdowns in minutes.
That means faster go or no go decisions, more opportunities evaluated per quarter, and a data driven approach that reduces the risk of cost surprises after capital is committed.
Our team includes real estate professionals, data engineers, and construction cost specialists who understand the difference between a feasibility estimate and a detailed cost plan.
We know what a developer needs at each project stage and we build the tools to match. No long onboarding, no explaining your business model. We start delivering value from the first project.
