Compare the full project budget and schedule of a traditional stick-frame build against an offsite build with Craft. The report shows whether a shorter schedule, lower financing exposure, and earlier revenue outweigh any added offsite delivery cost.
How to use this
Enter the same project scope on both sides. Pricing can differ by method, but the finished building should be the same.
Costs are grouped into buckets: vertical building, horizontal/site, owner soft costs, contingency, and monthly carrying. Each has a hint.
The loan amount and interest calculate automatically from those buckets, separately for each method.
Click Generate report for results, Clear all to start fresh, or See sample to load an example. Clearing never removes the sample button.
Enter the same finished building on both sides. Costs marked "shared" (like site work) are included in the total budget but not counted as offsite savings unless the offsite approach actually reduces them.
1 Project details
Basic identity and size. Square footage is building area, not lot size.
Name or site address.
Controls the revenue section.
Total enclosed SF, not parcel size.
SF
Enter a building area greater than 0.
Total homes or units.
Enter at least 1 unit.
2 Schedule
Onsite duration runs from first site work through completion. The offsite schedule is typically shorter because fabrication happens in parallel with site and permitting work.
Traditional (stick framing)
Built onsite start to finish.
Enter months (0 or more).
Usually 0 unless financing starts before site work.
Offsite (Craft manufacturing)
Fabricated in factory, installed onsite.
Enter months (0 or more).
Months before onsite start when design, engineering, procurement, or fabrication may be drawn and interest may accrue. If this overlaps permitting or civil work, it may not extend the overall schedule.
3 Project costs
Enter each cost bucket for both methods. Same finished scope; pricing may differ by delivery approach.
Vertical construction cost
Direct building construction cost for the vertical scope only, to the same turnover condition on both sides.
Stick-frame direct building cost.
$
Enter a vertical cost.
Includes Craft's prefabrication, manufacturing, delivery, installation, and included vertical scope.
$
Enter a vertical cost.
Horizontal / site / utility costs
Site and horizontal costs outside the vertical building scope: demolition, clearing, grading, earthwork, utilities, stormwater, water, sewer, communications, paving, landscaping, fencing, and exterior improvements.
$
$
Owner soft costs
Design, architecture, engineering, permits, impact fees, lender fees, legal fees, and consultants. Do not include construction loan interest here; the tool calculates interest separately.
$
$
Construction contingency / change orders
Applied to hard construction costs. Offsite typically carries lower contingency because fabrication reduces field change orders.
Optional. Applied to soft costs, both methods. Default 0%.
%
Default 7%.
%
Default 3%.
%
4 Monthly owner carrying cost
Monthly owner-side carrying costs not already included in the construction price or soft costs: property taxes, insurance, site security, temporary utilities, owner rep/admin, and site holding costs. Entered per month; the tool multiplies by each method's interest-bearing months.
If any of these are already inside another bucket, check it here so you don't count it twice:
Full monthly owner carrying cost during the traditional onsite duration.
$
Only owner-side monthly costs that remain during the offsite onsite period. Do not include Craft PM, supervision, or coordination if those are already in Craft's vertical cost.
$
5 Funding & financing
Choose how the project is funded. Interest is charged only on the borrowed portion. Grant or cash funding pays no interest, but monthly carrying costs still apply and the owner's capital is still tied up until the project completes.
Applies to the whole project.
The rest is grant or cash. Interest applies only to this share.
%
No loan interest is charged in this funding model. The offsite advantage comes from lower carrying costs and freeing the owner's capital sooner. Turn on the capital-timing option below to value the earlier release of funds.
Nominal annual rate.
%
Optional. % of loan basis added to the loan. Default 0%.
%
Documented savings not already counted. Default 0.
$
Manual loan amount may not match the total project budget. Use only if the lender loan amount is known.
$
$
Traditional draw schedule
%
Remainder drawn across the rest of the interest-bearing months.
Offsite draw schedule
Craft's typical draw: a deposit up front for fabrication, the balance across install. Default 40% over the first 2 months, 60% across the rest.
%
Remainder drawn across the remaining interest-bearing months.
Grant, cash, or equity locked in the build. Defaults to the grant/cash share of the offsite budget if left at 0.
$
What the owner could earn or save by redeploying it. Applied for the months freed.
%
6 Revenue assumptions
The benefit counts estimated net operating income earned during the months completed earlier.
One unit.
$
Occupied % during accelerated period.
%
Share of rent for opex. 0% = gross.
%
Avg occupancy during early months gained.
%
Parking, storage, etc.
$
The benefit counts the time value of receiving net proceeds earlier. It does not treat the full sale price as extra profit.
$
Brokerage, excise, closing.
%
Sales absorption pace.
Cost of capital / reinvestment rate.
%
Cannot exceed total units.
Revenue is excluded. The report shows cost, time, interest, and carrying savings only.
7 Earlier exit & capital redeployment optional
Finishing sooner frees the owner's capital and Craft's crew to start the next project earlier in the same year. This section is optional and its result is shown as a separate opportunity value, never added to the net benefit total, so it is not mistaken for double counting.
Total cost or investment of the next deal.
$
Developer profit as % of project size.
%
% of that margin fairly attributable to the earlier start. Conservative default 50%.
%
Equity or capital released earlier. Often the owner equity in this project.
$
Return the owner earns redeploying it. Applied for the months saved.
%
8 Report details optional, appears on the PDF
These appear on the report header and footer to make the downloadable PDF look official. All optional.
Client or developer name.
Your name at Craft.
Defaults to today.
Build Faster. Build Smarter. Build Offsite.
Offsite Value Report
Project
Offsite premium
Added vertical cost of building offsite.
Time saved onsite
Months finished earlier.
Value created
Interest, carrying, contingency, revenue.
Estimated net benefit
Timeline from site start
Traditional
Offsite
Value created by offsite schedule acceleration
All-in project budget
Line item
Traditional
Offsite
Difference
Additional opportunity: earlier exit & capital redeployment
This value is shown separately and is not included in the estimated net benefit above, to avoid double counting the time value already captured in the financing and revenue figures. It represents the profit potential of deploying freed capital and crew into the next project sooner.
Tax note: Finishing earlier and redeploying capital sooner may create tax advantages through earlier depreciation timing or gain deferral, depending on entity structure and asset type. Confirm any tax treatment with a qualified tax advisor. This report does not estimate tax effects.
Additional opportunity: earlier release of owner capital
On a grant or cash funded project there is no loan interest to save, but the owner's capital is still tied up in the building for the full schedule. Finishing sooner releases that capital earlier so it can fund the next project or other priorities. This value is shown separately and is not included in the estimated net benefit above.
Note on the two opportunity values. The earlier-exit and capital-release values above can describe the same freed capital from different angles. Do not simply add them together; treat them as alternative ways to view the benefit of finishing sooner, and use whichever best fits how this owner would actually use the released funds.