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Multifamily exterior estimating

Fifteen buildingsand four garages.

Multifamily exterior work is the same scope repeated across a portfolio, which sounds simpler than it is. Repetition is where estimates go wrong, because one wrong per-building assumption multiplies by nineteen structures before anyone notices.

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The problem

One bad assumption, multiplied nineteen times

Price one building carefully and multiply, and any error in that first building scales with the property. Price each building separately and you are re-doing the same work fifteen times. The answer is a per-building quantity that stays visible, so an outlier stands out instead of averaging away.

What gets measured

The quantities, and where each one comes from.

Units an estimator on this work would recognise, with the note that matters rather than a definition.

ItemUnitNote
Wall area per buildingsfKept per building, never blended, so a taller or larger structure does not hide inside a portfolio average.
Siding and siding repairsfSound siding to be painted, separated from cracked or missing panels to be replaced. Two different rates, frequently one line.
Wood trim and fascialfRepair runs separated from paint-only runs, per building.
Gutters and downspoutslfBy building. Easy to price off one building and multiply, which is wrong the moment roof lines differ.
Carports and metal fasciaea, lfPanels counted per structure. Carports are usually the least photographed part of a property.
MobilizationjobPriced per property rather than per building, which is the difference between a competitive number and a lost bid.
Where it goes wrong

The three things that decide whether the number holds.

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Multifamily exterior estimating: frequently asked questions

Do you price each building separately or price one and multiply?+

Group buildings by type, price one of each type properly, then multiply by the count while keeping the per-building quantity visible on the estimate. That gives you the speed of multiplying and the auditability of pricing individually. The reason to keep it visible is that an outlier building shows up immediately, instead of being averaged into a portfolio number nobody can interrogate.

Where does mobilization belong on a multifamily bid?+

As its own line, priced per property. You mobilise to the site once and move between structures, so pricing it per building inflates your number and pricing it nowhere costs you the margin. Putting it on its own line also means the owner can see it, which matters when they are comparing your bid against someone who buried it.

What gets missed most often across a portfolio?+

Carports and other outbuildings. They are walked last, photographed least, and they carry real scope: metal panels, fascia, posts and paint. The second most common miss is that buildings assumed to be identical are not, because end units and different exposures weather differently, so the damage quantities diverge even when the geometry matches.

How do you handle a property where photo coverage is uneven?+

Flag it rather than average it. If two of four carports were photographed, that is a coverage gap, and pricing the other two by assuming they match the first two is how you end up eating a change order. The honest move is to price what is covered, list what is not, and either go back for the photos or carry it as a stated allowance.

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