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Xactware Publishes April 2014 Price List

LEHI, 
Utah
 — Tuesday, April 1, 2014 — 

The April 2014 price list updates for more than 460 regions in the United States and Canada are now available for download.

A summary of price changes reported in this update is as follows (this percent change is based on the national averages that have been reported since the March 2014 price list publication and from April 2013 to April 2014):

 

Mar. to Apr.

Apr. 2013 to Apr. 2014

 

U.S.

Canada

U.S.

Canada

30-yr. Laminated Shingle Labor and Material

1.06%

0.20%

7.09%

5.41%

Common Drywall Materials

0.04%

1.85%

3.28%

-6.78%

Common Labor and Material

-0.01%

0.29%

1.54%

3.07%

Common Lumber Material

-0.40%

1.63%

-3.26%

-1.43%

Common Material Only

-0.41%

0.50%

-0.74%

2.41%

Retail Labor Rates

0.39%

0.43%

3.53%

5.85%

Pricing research for the April 2014 publication, when compared to March 2014, shows the Labor and Material report, which measures common material and labor used in claims and remodeling, decreased slightly in the United States and increased in Canada as did the Common Lumber Material report and Common Material Only report. The 30-year Laminated Shingle Labor and Material, the Common Drywall Materials, and the Retail Labor Rates reports increased in both the United States and Canada.

The information reported here is based on a national average, and it is important to note that actual changes will vary within each individual pricing market. It is also important to remember Xactware’s published pricing information is based on recently completed surveys and estimate transactions.

Discontinuing price lists for version 25

Beginning in May 2014, Xactware will no longer publish price lists for Xactimate version 25. This is in line with Xactware’s standard practice of supporting two versions of software, versions 27 and 28, with a one-year grace period before discontinuing support for a third, version 25.

Local market conditions

Xactware makes every effort to ensure pricing information contained in this update represents market costs at the time of publication. Since actual market prices can vary and change rapidly, and since many factors can affect the cost of a project (including — but not limited to — labor, equipment, and material costs as well as the rates and application of sales tax), we strongly recommend customers monitor their local markets for any such changes and adjust their estimate pricing as deemed appropriate.

Gasoline prices in the U.S. and Canada

Since the March 2014 publication, gasoline prices have increased 3.05 percent in the United States and 1.68 percent in Canada. When compared to April 2013, gasoline prices have decreased 3.56 percent in the United States and increased 2.70 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine whether repair or construction costs have been affected. For further details, see the U.S. Department of Energy website.

 

Comparative prices (national averages) for the last month are as follows:

 

U.S.

Canada*

 

Feb. 24

Mar. 24

Feb. 25

Mar. 25

Gasoline National Average

$3.444

$3.549

$1.307

$1.329

                                                                                                                                * Canada prices are per liter

Contents Update

Since the last price list update, the XactContents pricing team has added new general quote items, including kid’s theme watches, throw rugs, and gaming headsets.

Contents

Total Vendors

 94

 Canada Vendors

 13

 General Quote Items

 5,911

U.S. Master Item List Items

 11,534,653

Canada Master Item List Items

 902,051

Retired Items

 435,506


The XactContents pricing team is currently working on changing the organization of jewelry. Beginning in May 2014, jewelry items will be organized into fine and costume jewelry. This simplified organization will allow customers to make decisions quickly based solely on the quality of the item rather than on the materials. An exception to this will be diamond jewelry; since it is typically more expensive than other varieties of jewelry, diamond jewelry will have separate general quote items.
 

Changes to the April price list

Customers can view specific changes to the price lists by logging on to the eService Center. XactAnalysis customers can see specific changes by viewing the Price List Changes report in the Industry Trend Reports section. This same report can be found in the Featured Highlights section of the eService Center.

Pricing feedback

Pricing feedback is one of the ways Xactware ensures that the cost information reported reflects actual market prices. It is highly valuable to both Xactware and you, as a user. Unless an estimate assignment is returned to XactAnalysis (i.e., program work), Xactware does not receive automatic feedback. Estimates written outside program work can return feedback by regularly running the feedback utility within Xactimate, XactRemodel, or XactPRM. To run the feedback utility: 

  1. Click Services in the menu bar of the Control Center tab.
  2. Select Feedback and then click Yes.

This will process and package information from all estimates that have not previously been collected via feedback or completed assignments. Your feedback information will be sent to Xactware the next time you connect to XactAnalysis.

Please report any price changes to Xactware as soon as possible. We will then adjust any information that can be independently verified for inclusion in future price list publications. You can submit pricing feedback online or via email to Xactware’s pricing team at:

Downloading a price list in Xactimate

You must be a registered Xactimate user to access price lists this way:

  1. Click Services in the menu bar of the Control Center tab. Select Request Price List from XactAnalysis, and then click Xactware Price List.
  2. From the “Request Price List” window, enter the country, state or province, and city for the price list you would like to download.
  3. After making your selections, click Download Now.
  4. A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate. Click OK.