AI-Powered Refurbishment Cost Estimator for Property Developer
Key Results
The Challenge
A high-end Central London property developer was spending hours manually calculating refurbishment costs for potential projects. Each estimate meant cross-referencing multiple Excel spreadsheets, calculating square footage costs, and breaking down elemental costs across different specification levels. The process was slow, inconsistent, and a bottleneck for sales and project planning.
Our Solution
We built an AI-powered pricing assistant that instantly generates accurate refurbishment cost estimates from project parameters (square footage, bedrooms, bathrooms, specification level). The AI was trained on the company's proprietary cost data from their Executive Summary and Elemental Breakdown spreadsheets. The system provides high-level estimates and detailed cost breakdowns, explaining how total costs are distributed across building work, finishes, joinery, and professional fees. All in natural language.
Technology Used
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