Pricing Methodology

Our Commitment to Accurate Pricing

NearbyHunt launched in 2025 with a clear mission: provide homeowners with honest, accurate pricing information for home services. Unlike platforms that profit from lead sales or inflated estimates, we're committed to transparency.

As a new marketplace, we're building trust through verified data sources and expert validation—not hype. Every price range you see on NearbyHunt has been researched, cross-referenced, and validated by industry professionals.

This page explains exactly how we source, verify, and present pricing data so you can make informed decisions about your home projects.

Where Our Pricing Data Comes From

We aggregate and verify pricing data from the most trusted sources in the home services industry. We never rely on a single source—every price range is cross-referenced across multiple databases to ensure accuracy.

Primary Data Sources

• U.S. Bureau of Labor Statistics (BLS) - Official government data on regional wages, material costs, and employment statistics for construction and home service trades
• RSMeans Construction Cost Database - Industry-standard cost estimating resource used by contractors, estimators, and construction professionals nationwide
• Remodeling Magazine Cost vs. Value Reports - Annual comprehensive analysis of project costs and ROI across all major U.S. markets
• Industry Cost Aggregators - Third-party databases collecting pricing from completed home service projects across the nation
• Local Contractor Surveys - Direct pricing input from licensed professionals actively working in each geographic market
• Industry Association Reports - Data from NAHB (National Association of Home Builders), NARI (National Association of the Remodeling Industry), and trade-specific organizations

Secondary Research Sources

• Local building department permit data and fee schedules
• Material supplier pricing from major retailers and specialty suppliers
• Regional economic indicators and cost of living indices
• Seasonal market variations and demand trends
• Energy cost data for HVAC and utility-related services

Our Verification Process

Every price range published on NearbyHunt undergoes a rigorous five-step verification process:

Step 1: Multi-Source Cross-Reference

We compile data from a minimum of three independent sources for each service category. This eliminates single-source errors and provides a balanced view of actual market pricing.

Step 2: Geographic Adjustment

National averages don't reflect your local market. We adjust pricing using:

• BLS regional cost indices by metropolitan statistical area (MSA)
• State and local labor rates from contractor surveys
• Local permit and inspection fees
• Regional material cost variations
• Urban vs. rural market differences

Step 3: Expert Review

Our Expert Review Board—comprising licensed contractors, architects, and home inspectors with over 200 combined years of field experience—validates all pricing ranges. They ensure that:

• Prices reflect current market conditions
• Project scope descriptions are accurate
• Labor estimates are realistic for the work involved
• Material costs align with quality expectations
• Regional variations are properly accounted for

Step 4: Statistical Outlier Removal

We use statistical analysis to identify and remove extreme outliers that don't represent typical market conditions. This includes:

• Removing the top and bottom 5% of price points
• Identifying anomalous data that doesn't match regional patterns
• Excluding promotional or temporary pricing
• Verifying unusually high or low estimates with local professionals

Step 5: Regular Updates

Home service pricing changes with market conditions. We update our data:

• Quarterly: Comprehensive review of all pricing data
• Monthly: High-volatility categories (materials affected by supply chain)
• As Needed: Significant market changes or new industry data releases
• Immediately: Safety-related or critical correction issues

Our Growing Database

As homeowners complete projects through NearbyHunt, we're building our own verified pricing database that will complement industry sources with real-world project costs from our platform.

Current State (2025)

Today, all pricing on NearbyHunt is sourced from the industry databases and expert validation described above. We clearly label all content as "Based on industry data verified by NearbyHunt experts."

Phase 2 (2025-2026)

As our platform grows, we'll begin incorporating verified project costs submitted by homeowners who complete work through NearbyHunt. This data will be:

• Verified through completion confirmation
• Validated against regional market ranges
• Aggregated to protect individual privacy
• Blended with industry data for accuracy

How We Present Pricing Information

Price Ranges vs. Fixed Prices

You'll notice we provide price ranges (e.g., "$3,000 - $8,000") rather than fixed prices. This reflects the reality of home services:

• Project complexity varies significantly
• Material quality affects cost
• Regional labor rates differ
• Existing conditions impact work required
• Seasonal demand affects availability and pricing

Low, Average, and High Estimates

Where applicable, we break down pricing into three tiers:

• Low-End: Basic materials, straightforward installation, favorable conditions
• Average: Mid-grade materials, typical complexity, standard conditions
• High-End: Premium materials, complex installation, challenging conditions

Quality Assurance Standards

Citation Requirements

Every pricing page on NearbyHunt includes:

• Clear attribution of all data sources
• Links to original research where applicable
• Last updated date prominently displayed
• Expert reviewer credentials listed

Update Frequency

We maintain pricing accuracy through regular review cycles:

• High Priority: Monthly updates (volatile materials, seasonal services)
• Standard: Quarterly updates (most common services)
• Annual: Comprehensive review of all content
• Immediate: Emergency corrections for safety or critical errors

Corrections & Updates Policy

We strive for accuracy, but when errors occur, we correct them promptly and transparently.

How to Report Pricing Inaccuracies

If you believe our pricing data is inaccurate or outdated, please contact us:

• Email: [email protected]
• Subject Line: "Pricing Correction: [Service Name]"
• Include: Specific page URL, description of error, supporting documentation if available

Limitations & Disclaimers

Estimates Are Not Quotes

The pricing ranges on NearbyHunt are educational estimates based on industry data and averages. They are not:

• Binding quotes or guarantees of cost
• Specific to your unique project circumstances
• A substitute for professional in-person assessment
• Inclusive of all possible project variables

Professional Assessment Recommended

Always obtain multiple detailed quotes from licensed professionals for your specific project. Use our pricing data as a starting point for budget planning and to evaluate whether quotes you receive are reasonable for your market.

Contact Us

Have questions about our pricing methodology or suggestions for improvement?