Construction Estimator

Job Description

Experienced Construction Estimator

Location : Philadelphia, PA

About the Company

We are a privately held real estate developer focused on the acquisition, redevelopment, and value-add of distressed and undervalued properties . Our integrated company model also includes in-house divisions for general contracting, project management for third-party investors, and property maintenance. The Estimator is a critical, high-impact role responsible for establishing the financial viability and profitability of our core business : value-add real estate investment.

Job Summary

The Experienced Construction Estimator will be responsible for preparing accurate, detailed, and strategic cost estimates for all renovation, rehabilitation, and new construction projects across our portfolio and general contracting division. This position requires an expert-level understanding of construction methods, material costs in the Philadelphia market, and the ability to quickly analyze properties to determine their maximum value-add potential. The successful candidate will play a central role in the property acquisition decision-making process.

Core Responsibilities

• Due Diligence and Acquisition Analysis : Work closely with the acquisitions team to perform rapid and accurate cost estimates for potential distressed properties to assess feasibility and return on investment (ROI) before purchase.
• Detailed Cost Estimation : Prepare comprehensive and detailed cost estimates for all aspects of construction, including labor, materials, equipment, and subcontractor services for renovation projects and ground-up developments.
• Quantity Take-Offs : Conduct thorough and precise quantity take-offs from architectural drawings, schematics, and site visits, often working from incomplete or preliminary plans common in distressed properties.
• Subcontractor and Vendor Management : Solicit, review, and evaluate bids from subcontractors and vendors. Negotiate favorable pricing, scope, and contract terms to ensure maximum cost efficiency.
• Budgeting and Cost Control : Develop initial project budgets and collaborate with the Project Management and General Contracting teams to monitor actual costs against estimates, identifying and communicating any potential cost overruns or savings opportunities throughout the project lifecycle.
• Data Management : Maintain and update a comprehensive database of historical cost data, unit costs, and market pricing specific to the Philadelphia region to improve the accuracy and efficiency of future estimates.
• Project Documentation : Prepare and present professional, clear, and well-organized proposal documents, cost reports, and bid submissions for internal stakeholders and external clients (for the third-party general contracting division).

Required Qualifications