Project Cost Estimator

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Forum topic by teenagewoodworker posted 03-09-2008 06:00 PM 10616 views 1 time favorited 8 replies Add to Favorites Watch
View teenagewoodworker's profile


2727 posts in 3974 days

03-09-2008 06:00 PM

Topic tags/keywords: resource tip

Well over the past couple of days there has been a lot of talk about finding project costs and pricing your projects. In response to one of those forums i talked about an article in Woodworkers Journal about pricing your work. Needless to say a few people took interest and our fellow Lumberjock Lew created a great excel program in which you just enter in a little bit of information about your project and it makes all the calculations for you. I’ll provide the link below:

you can also find it here:

all you have to do is add in the materials list and their cost. how much you want to make per hour and the number of hours you worked. if you have any questions than just leave a message and if you like it then send a message to Lew and tell him how you like it.

Good Luck!

8 replies so far

View Al Killian's profile

Al Killian

273 posts in 3959 days

#1 posted 03-10-2008 12:54 AM

Here is a different one that I use.

-- Owner of custom millwork shop

View Al Killian's profile

Al Killian

273 posts in 3959 days

#2 posted 03-10-2008 01:05 AM

That one seems easeir to use. Thanks.

-- Owner of custom millwork shop

View john's profile


2376 posts in 4588 days

#3 posted 03-10-2008 01:24 AM

How does that work if your using reclaimed wood ? just wondering lol

-- John in Belgrave (Website) ,

View teenagewoodworker's profile


2727 posts in 3974 days

#4 posted 03-10-2008 01:51 AM

not sure. i guess that you’d just have to do some research and see how much reclaimed wood of that species goes for on average.

View darryl's profile


1795 posts in 4532 days

#5 posted 03-10-2008 02:13 AM

looks like a good tool, thanks for posting.

View Myron Wooley's profile

Myron Wooley

226 posts in 4102 days

#6 posted 03-10-2008 02:28 AM

Everybody needs to read Markup & Profit: A Contractor's Guide by Michael C. Stone

He explains very clearly that the reason contractors (and everybody else, for that matter) go out of business is that they don’t charge enough!

This book is a MUST READ!!!

-- The days are long and the years are short...

View lew's profile


12446 posts in 3961 days

#7 posted 03-10-2008 02:31 AM

The spreadsheet “Teenagewoodworker” posted is intended as a guide for the average woodworker to calculate the cost/selling price of a project. It could be “Flowered Up” to make it more professional looking including inserting photos, different formats, fonts, business data, etc.- thus making it more of a business form.

Please feel free to change/modify/personalize it. If you get a chance, please post your improvements/modifications so we can see how it is coming along.



-- Lew- Time traveler. Purveyor of the Universe's finest custom rolling pins.

View OttawaP's profile


89 posts in 3932 days

#8 posted 03-13-2008 07:18 PM

Absolutely read Mark up and Profit as noted above…’s the solution tha puts all these questions to an end and eliminates the guesswork. Wish I had found it years ago but I read it 18 months ago and it completely changed my remodelling company, I now work less and make more money.


-- Paul

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