What is a primary benefit of using the Square-Foot Method for estimating costs?

The primary benefit of using the Square-Foot Method for estimating costs lies in its ability to enable quick calculations based on a straightforward formula. This method simplifies the estimating process by providing a general cost per square foot for different types of construction projects. By multiplying this cost per square foot by the total area of the project, contractors can quickly arrive at an estimated total cost without needing extensive detailed breakdowns or complex calculations.

This rapid estimation is beneficial particularly in the early planning phases of a project, when time may be limited and decisions are made based on preliminary budget considerations. It allows contractors and clients alike to obtain a rough approximation of the costs, facilitating quicker decision-making and project bidding processes.

While detailed line-by-line accounting, flexibility in cost adjustments, and compliance with local regulations are important aspects of construction cost estimating, they are not the primary advantage provided by the Square-Foot Method. This method is inherently designed for speed and simplicity rather than for complex accounting or legal compliance.