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Conceptual & Order-of-Magnitude Estimating

Conceptual Estimating Services in Ohio

Early-stage cost estimates that tell Ohio owners, developers and design teams what a project will cost before drawings are complete. Built from programs, sketches and schematic designs, our conceptual estimates give you a reliable range for feasibility, financing and design decisions.
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Send Your Plans for a Fixed-Price Quote

Email your drawings or share a Dropbox / Google Drive link. We reply with a fixed fee and a delivery date before any work begins.
Explained

What Is a Conceptual Estimate?

A conceptual estimate — also called an order-of-magnitude or ROM estimate — forecasts the cost of a project when design is roughly 0–15% complete. Instead of measuring every stud and outlet, the estimator prices building systems and parameters: gross floor area, number of stories, structural system, envelope type, mechanical approach and site requirements.

Conceptual estimates are usually organized by UniFormat, the systems-based format that groups costs into substructure, shell, interiors, services, equipment and sitework. That structure lets owners compare options — steel versus wood, two stories versus three — long before detailed drawings exist.

Because early design leaves many unknowns, a conceptual estimate is a range, not a single price. We state the AACE class, the assumptions behind each system and the contingency carried, then update the number as design moves into construction budgeting and detailed estimating.

Quick Answer

How accurate is a conceptual estimate?

Conceptual estimates are typically AACE Class 5 or Class 4. Under AACE guidance, Class 5 estimates can range from about −20% to −50% on the low side and +30% to +100% on the high side, narrowing for Class 4. Clear assumptions and good benchmarks keep results toward the tighter end.
Scope

What Our Conceptual Estimates Include

A structured, systems-based estimate you can use to make early decisions with confidence.

What you receive

When to Use It

When a Conceptual Estimate Pays Off

Conceptual estimates answer the big questions early, when decisions are cheapest to change.

Site Selection

Compare development costs across candidate sites before committing to land.

Feasibility & Pro Formas

Feed realistic construction costs into investment models and go/no-go decisions.

Financing & Grants

Support loan applications, incentive requests and grant budgets with documented costs.

Design Direction

Test structural, envelope and MEP options during schematic design.

Board & Bond Approvals

Give boards, councils and school districts a defensible budget before design spending.

Capital Planning

Prioritize multi-year capital programs across several facilities.

Ohio Expertise

Conceptual Costs Grounded in Ohio Data

Early estimates live or die on their benchmarks. A cost per square foot drawn from a national database can miss Ohio’s labor rates, winter construction costs and the difference between building in Central Ohio’s busy market and a smaller metro. We calibrate our conceptual models with Ohio project data and current pricing.

Public owners in Ohio often need early budgets for levies, bond issues and capital requests. School districts working with the Ohio Facilities Construction Commission, counties planning justice or administrative buildings and municipalities planning fire stations all need numbers that hold up as design proceeds. Our conceptual estimates are structured to support those decisions.

Private developers use the same estimates to compare sites in New Albany, Mason or Dublin, model escalation, and decide whether a project can support its rents before investing in full design.

Ohio factors we price in

Cost Drivers

What Drives Conceptual Cost Ranges?

Early estimates carry ranges because key decisions are still open. These are the biggest ones.
Cost factorWhy it changes the estimateHow we price it
Program & sizeArea and efficiency (net-to-gross) set the scale of almost every other cost.Program analyzed by space type with efficiency factors stated.
Building typeLabs, healthcare and commercial kitchens cost far more per square foot than storage or office space.Systems priced by building type and use, not a single blended rate.
Structural & envelopeSystem choices can swing cost significantly before drawings exist.Assumed systems listed; alternatives priced on request.
Site conditionsUnknown soils, utilities and grading are major early risks.Allowances by site type, with ranges noted until data is available.
Escalation & timingCosts move between estimate and bid, especially on long design schedules.Escalation applied to the projected construction midpoint.
Guide

Conceptual Estimating Guide for Owners and Developers

Answers to the deeper questions our clients ask before they commit to a number.

Inputs that drive a conceptual estimate

The most important inputs are building type, gross area, number of stories, structural system, envelope, MEP approach, site conditions and schedule. Even a one-page program with those assumptions produces a far more useful estimate than a single cost-per-square-foot figure.

Using UniFormat to compare options

UniFormat groups costs into systems — foundations, superstructure, exterior walls, roofing, interiors, plumbing, HVAC, electrical and sitework. Because each system is priced separately, swapping one option for another, such as a steel frame instead of wood, shows its cost effect directly.

Contingency at the conceptual stage

Early estimates carry design contingency for details not yet drawn and estimating contingency for pricing uncertainty. Both shrink as design progresses. Showing contingency separately keeps it from being mistaken for profit or quietly absorbed into line items.

When to move to the next estimate

Once schematic design is complete, update the estimate to a design-development budget. Each step narrows the range and protects the budget before major design decisions are locked in.
Estimate Accuracy

Estimate Classes and Expected Accuracy

We label every estimate with its AACE International class so you know how much confidence the number carries at your current design stage.
Estimate typeAACE classDesign maturityTypical useExpected accuracy range
Conceptual / order of magnitudeClass 50–2%Screening, early feasibility−20% to −50% / +30% to +100%
Feasibility budgetClass 41–15%Feasibility, budget authorization−15% to −30% / +20% to +50%
Design-development budgetClass 310–40%Budget approval, funding−10% to −20% / +10% to +30%
Detailed control estimateClass 230–75%Cost control, bid check−5% to −15% / +5% to +20%
Bid / definitive estimateClass 165–100%Bids, contracts, change orders−3% to −10% / +3% to +15%

Ranges per AACE International Recommended Practice 18R-97 (process industries); building projects follow the parallel RP 56R-08.

How It Works

How the Estimating Process Works

Every conceptual estimating project follows the same five steps, with one point of contact from quote to delivery. See the full estimating process.
01

Send Your Plans

Upload drawings, specs and addenda or share a link, and tell us the scope, bid date and format you need.
02

Fixed Quote

We review the documents and reply with a fixed fee and delivery date before any work starts.
03

Takeoff & Pricing

Quantities are measured digitally and priced with current Ohio labor, material and equipment costs.
04

Quality Review

A second estimator checks quantities, unit costs, math and scope gaps before release.
05

Delivery & Support

You receive the Excel estimate and marked-up takeoffs, plus updates for addenda and answers to questions.
Keep Exploring

Related Estimating Services in Ohio

Most projects need more than one kind of estimate. These pages cover the services and trades most often paired with this one.
FAQs

Conceptual Estimating FAQs

Straight answers to the questions we hear most.

Whatever exists: a space program, sketches, massing studies, a site plan or schematic drawings, plus location, building type and target schedule. The more we have, the tighter the range.

A conceptual estimate prices building systems early in design; a detailed estimate measures and prices every component from construction documents. Conceptual estimates are faster but carry wider ranges.

Yes. Comparing structural systems, number of stories, envelope types or MEP approaches is one of the most valuable uses of a conceptual estimate.

On request. We can add allowances for design fees, permits, testing, furniture and equipment and financing to give owners a total project budget.

We escalate costs from today to the projected midpoint of construction using current market trends and state the rate used, so you can adjust it if your schedule changes.

Yes. Many owners have us update the estimate at each design milestone through our preconstruction services.

Yes. Many public owners use conceptual estimates for early funding decisions. We include clear assumptions and contingency so the budget holds up as design advances.

The terms are often used interchangeably. Both describe early, range-based estimates prepared before detailed design.

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Send your plans and receive a fixed quote and delivery date before any work begins.
ask@ohiocostestimating.com  ·  101 Normandy Ave, Columbus, OH 43215
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