Building material costings enabled by ChatGTP and Home Depot live pricing
AUSTIN, TEXAS—October 4, 2024—Buildxact, a global Software-as-a-Service company that provides a simple solution for dealers, residential builders and remodelers to better manage and grow their business, announced today the launch of their exclusive AI Estimator Calculator.
The first-of-its-kind, The Buildxact AI Estimator Calculator is designed specifically for residential building and remodeling pros, empowering them to quickly build out project requirements and price those requirements using live material pricing from The Home Depot’s catalogs.
Named The Best Overall Construction Estimating Software of 2024 by Forbes and U.S. News, Buildxact has now implemented AI to further simplify the estimating process for building pros — allowing users to describe their project and associated units of measure (UOM) in everyday language and terminology to quickly generate an initial estimate in 30-seconds with all relevant, localized Home Depot material quantities, pricing & SKUs.
Buildxact’s AI Estimator addresses two core pain points for builders:
- Users can create assemblies based on simple inputs, essentially solving the issue of “I don’t know what I don’t know.” This feature helps prevent common assembly mistakes, such as quoting for a door install but forgetting about the door stop, which affects job profitability.
- Users can convert UOM. In one click, a builder can figure out how many square feet or linear feet they need of a certain supply, including the quantity of that material and the total cost.
The AI Estimator Calculator also provides users with notes on how calculations are made. Adjustments can be made through AI prompts and suggestions provided by Buildxact or the builder can do it on their own, without AI assistance.
“At Buildxact, we’ve made construction estimating quick and simple for builders, and now we’ve made it easier for builders to work seamlessly with AI,” Steve Yates, Buildxact CEO, said. “With Buildxact, setup time is now lower than ever, so our builders can bid and win more work using the most accurate pricing from The Home Depot.”
Home Depot pricing within Buildxact is updated at the click of a button. Builders can be confident that they have the most accurate pricing as prices are based on relevant market conditions when users select their local Home Depot pricing catalog.
“Pricing is a critical element of every estimate, and now Buildxact makes it easy to get the most accurate pricing from one of the most reliable and trusted material dealers in the U.S.,” said Yates.
About Buildxact
Buildxact gives custom home builders, contractors and dealers control of their business to get the job done. Using simple features, job estimates take less time and ordering materials is possible 24/7 using integrated member price lists. Founded in 2011 in Australia with North American headquarters in Austin, Texas, Buildxact continues to expand its global presence with customers in the US, Canada, the UK, Australia and New Zealand. For more information about how builders and dealers benefit using Buildxact, visit the Buildxact website.
