For preconstruction and development teams

Every estimate, grounded in what your projects actually cost.

REAL builds early budgets from your own historical delivery data and current plans, so a number set at kickoff holds up through construction.

Why it matters

An AI estimator grounded in every project your organization has ever completed, so a new budget starts with your own delivery history, not an industry index.

Generic cost indices miss the specific realities of how your organization actually builds. REAL matches the new project against comparable completed work by scope, geography, and building type, and builds the estimate from there.

1.2B sq ft

analyzed across enterprise portfolios

8M+

tasks processed across enterprise portfolios

14%

average cost reduction across existing REAL clients

01

A budget built from your own comparable projects.

REAL matches the new project against your organization’s completed work by scope, square footage, and geography, and builds the early estimate from what those projects actually cost to deliver.

Estimate basis · New Build · Denver

Comparable projects matched

11

Estimate basis

Historical actuals

Cost per sq ft

$284
02

Every line item, confirmed against the plans or flagged as estimated.

REAL reads the available drawings and specifications and marks each budget line as confirmed from the plans or estimated from comparable scope, so your team knows exactly where the confidence is highest.

Line item confidence

Scope itemBasis

Foundation

Confirmed

MEP rough-in

Plans incomplete

Estimated

Millwork

Confirmed
03

Budget tracked against reality, from groundbreaking on.

Once construction starts, REAL tracks committed cost, change orders, and invoices against the original budget continuously, surfacing a variance the moment it appears rather than at month-end close.

Budget vs. committed · $8.4M project

Structural$2.1M
MEP$1.6M
Finishes$0.4M

Go deeper

Purpose-built for every part of the workflow.

Every workflow, one context

Every workflow gets the full real estate context.

Lease, financial, construction, facilities, and portfolio workflows run on the same asset or location context. What one workflow learns becomes usable by the next, without rebuilding the evidence every time.

Construction

Frequently asked questions

  • Overruns usually start as scope gaps and unverified change orders that nobody caught early. The control is structured visibility: every bid, plan, and change order read against the others and against what similar projects actually cost. REAL structures build plans and documents, benchmarks costs across your portfolio and the market, and tracks budget against actuals so a problem shows up while it is still cheap to fix.

  • Compare them line by line against each other and against what comparable projects in your own portfolio paid, not against a single market average. REAL reads bid sets, compares contractor bids, benchmarks against portfolio and market rates, and scores vendor performance, so the award decision rests on evidence rather than the lowest headline number.

  • By reading the documents closely enough to find what is missing, which is hard to do by hand across many projects. REAL detects scope gaps and exclusions before they turn into change orders and verifies the change orders that do come through, so surprises are caught at the document stage instead of the invoice stage.

  • By comparing the bid set to the as-built and flagging every deviation. Done manually this is slow and easy to skip, which is how omissions slip through. REAL compares plans to as-builts and surfaces deviations and compliance risk in real time, so what you paid for is what got delivered.

  • Drawings are the source of truth for a build, but the quantities are locked inside CAD files that most software cannot read. REAL runs a takeoff pipeline that reads CAD drawings, including DWG and DXF, finds and clusters the labels and annotations, renders them, and builds an evidence-backed report. Every count and quantity links back to the spot on the drawing it came from, so the takeoff is something your team can verify rather than a black-box number.

  • A budget is only useful if it reflects what is actually coming, including the change orders that have not been approved yet. REAL tracks budget against actuals across the project and factors verified and pending change orders into the projected final cost, so the number your team is working from is the real one, not the one from the original bid.

  • A change order is rarely just a line-item cost. It can expand scope, move the budget, and put substantial completion or the opening date at risk. REAL verifies each change order, shows its cost and scope impact against the contract, and flags the ones that threaten the schedule, so the decision to approve is made with the full picture rather than after the fact.

  • Fair pricing is a comparison problem: what did this trade or line item cost on comparable projects, and is this number an outlier. REAL benchmarks change order pricing against your portfolio history and market rates and flags outliers by trade or line item, so a push-back on price is backed by evidence rather than instinct.

  • Scope creep shows up as a pattern, not a single change order: a run of changes that suggests work which should have been in the base scope. REAL identifies those patterns across a project and surfaces them, so a string of small additions does not quietly become a large overrun.

Start every project with a budget you can actually stand behind.

See REAL build an early estimate from your own completed-project history and track it against actuals through delivery.

  • Estimates grounded in your own history
  • Every line item’s confidence made explicit
  • Budget tracked against actuals continuously

Estimating & Budgeting

Frequently asked questions

  • REAL draws on your organization’s own completed-project cost history, matched by scope, geography, and building type, combined with the plans and specifications available for the new project, so the estimate reflects what your projects actually cost, not an industry-wide average.

  • REAL flags exactly which line items are estimated from comparable historical scope versus items confirmed from the plans, so your team knows where the estimate carries more uncertainty and where it is grounded in as-built pricing.

  • Yes. Once a budget is set, REAL tracks committed costs, change orders, and invoiced amounts against it continuously, so a variance is visible the moment it happens instead of at the next reporting cycle.

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