EstateMaster
ARGUS EstateMaster (formerly EstateMaster) is a property development feasibility, budgeting, and cash flow forecasting software suite sold to developers, appraisers, consultants, and financiers across 75-100+ countries under Altus Group Limited.
- Company typePublic
- Founded1995
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What EstateMaster does
ARGUS EstateMaster (formerly EstateMaster) is a property development feasibility, budgeting, and cash flow forecasting software suite developed and distributed by Altus Group Limited (TSX: AIF). The product serves property developers, appraisers, consultants, financiers, and large portfolio developers across residential, commercial, retail, industrial, land subdivision, build-to-sell, and build-to-rent projects. It is deployed by 20,000+ property developers in 75-100+ countries, with notable enterprise users including CBRE, Colliers, Lendlease, Dexus, and Frasers Property.
The platform is delivered as three integrated modules — Development Feasibility (DF), Development Management, and Corporate Consolidation — available individually or bundled as the Property Development Suite. Its technical foundation is a spreadsheet-based user interface with deep, bidirectional Microsoft Excel integration that allows flexible model customization. The architecture connects via native integrations to Xero, QuickBooks, MYOB, Salesforce, Propertybase, MRI Software, Microsoft Word, and Microsoft SQL Server, supporting a workflow that runs from feasibility through live project monitoring to multi-stage portfolio consolidation with currency conversion.
Commercially, ARGUS EstateMaster operates on a subscription model with multi-year contracts and quote-based pricing, combining a product-led growth motion (14-day self-service free trial) with enterprise direct sales for larger accounts. The firm is headquartered in Sydney, Australia, and positions the product within Altus Group's broader ARGUS software portfolio (including ARGUS Enterprise, ARGUS Developer, ARGUS Taliance, and ARGUS Voyanta). The platform holds ISO 27001 and SOC certifications and is taught at 200+ universities globally, supporting both a trained-user pipeline and a recurring professional training and certification revenue layer.
EstateMaster firmographics
Firmographics- Name
- EstateMaster
- Legal name
- Altus Group Limited
- Website
- https://estatemaster.com
- Company type
- Public
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ARGUS EstateMaster (formerly EstateMaster) is a property development feasibility, budgeting, and cash flow forecasting software suite sold to developers, appraisers, consultants, and financiers across 75-100+ countries under Altus Group Limited.
- Ownership category
- akta.pro rank
EstateMaster industry classification
Industry- Product category
- Real Estate Development Software
- NAICS
- Software Publishers (5132), Real Estate Property Managers (53131)
- SIC
- Real Estate (6500)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where EstateMaster is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Markets served
EstateMaster business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Subscription: ARGUS EstateMaster operates on a subscription model with multiple plans available to support businesses of all sizes. Discount packages are available for multi-year subscriptions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Development Feasibility module |
| Subscription | Multi-year contract | Development Management module |
| Subscription | Multi-year contract | Corporate Consolidation module |
| Subscription | Multi-year contract | Property Development Suite (All modules) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
EstateMaster product offering
Product offeringCore offering
EstateMaster (marketed as ARGUS EstateMaster) develops and sells property development feasibility, budgeting, and cash flow forecasting software for property developers, appraisers, consultants, and financiers. The product portfolio comprises three integrated modules—Development Feasibility, Development Management, and Corporate Consolidation—available individually or bundled as the Property Development Suite, with a spreadsheet-based user interface integrated with Microsoft Excel.
Product overview
ARGUS EstateMaster is a unified property development feasibility and financial management platform offered by Altus Group. The product portfolio consists of three integrated modules: ARGUS EstateMaster DF (Development Feasibility) for evaluating property development opportunities; Development Management for tracking cash flows, budgets, and project performance on live developments; and Corporate Consolidation for multi-stage projects and large development portfolios with currency conversion and business planning features. These modules can be purchased individually or as the Property Development Suite bundle containing all three modules. The platform features a spreadsheet user interface with deep Microsoft Excel integration, providing flexibility to customize models and enabling seamless data exchange between ARGUS EstateMaster models and external Excel workbooks.
Differentiator
Problem solved
Functional benefit
Products and services
- ARGUS EstateMaster Development Feasibility (DF) Module for property developers, appraisers, consultants, and financiers to evaluate property development opportunities. Provides residual land value analysis, KPI insights, scenario analysis, risk assessment, project funding modeling, and professional reporting.
- ARGUS EstateMaster Development Management Module for property developers to manage live projects by importing feasibilities, forecasting cash flows, tracking budgets, interfacing with accounting systems, and producing project and financial reports.
- ARGUS EstateMaster Corporate Consolidation Module for property developers with large projects and portfolios, providing development portfolio management, multi-stage consolidation, business planning, consolidated funding, currency conversion, dashboards, and reporting.
- Property Development Suite Complete software bundle combining Development Feasibility, Development Management, and Corporate Consolidation modules for end-to-end property development feasibility, budgeting, cash flow forecasting, and portfolio management.
Quantifiable outcome
- 14-day free trial available for immediate evaluation
Companies that use EstateMaster
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
EstateMaster technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature9 records
EstateMaster partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- XerocoreIntegration module enables import of actual costs and revenues from Xero accounting system for cash flow management and reforecasting in ARGUS EstateMaster.
- Intuit QuickBookscoreIntegration module enables import of actual costs and revenues from QuickBooks accounting system for cash flow management and reforecasting in ARGUS EstateMaster.
- MYOBcoreIntegration module enables import of actual costs and revenues from MYOB accounting system for cash flow management and reforecasting in ARGUS EstateMaster.
- SalesforcecoreSales CRM integration enables import of up-to-date available and contracted sales data for accurate revenue and inventory forecasting in ARGUS EstateMaster.
- Microsoft ExcelcoreBi-directional data exchange between ARGUS EstateMaster models and external Excel workbooks. Spreadsheet user interface offers extensive flexibility to customize models and interact with MS Excel.
- Microsoft WordcoreAutomation of reporting in Word documents with outputs from ARGUS EstateMaster model.
- Microsoft SQL ServercoreIntegration with Microsoft SQL Server for data management and connectivity with ARGUS EstateMaster.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
EstateMaster competitors and assessment
Company assessmentBroad incumbents
- Yardi Systems: Established incumbent in real estate software spanning property management, accounting, and analytics. Comparable as a comprehensive software platform serving real estate operators and developers, though broader in scope than EstateMaster's development-feasibility focus.
- RealPage: Large public real estate technology platform serving residential and commercial property operators with analytics, asset management, and operational software. Comparable as a broad incumbent, though its center of gravity is operational rather than development-feasibility focused.
- MRI Software: Long-standing real estate software suite covering property management, accounting, and analytics. Comparable as an incumbent platform serving CRE operators and developers; also a partner via MRI Project Cost integration with EstateMaster.
- Sage 300 Construction and Real Estate: Sage's construction and real estate ERP suite covering job cost, project management, and property accounting. Comparable as an incumbent software platform serving developer and contractor financial workflows with similar budgeting and cashflow functions.
Emerging players
- Reonomy: Altus Group-owned property intelligence and data platform providing CRE market data and analytics. Comparable as an adjacent Altus product feeding the same developer and investor customer base with data inputs that could complement EstateMaster feasibility assumptions.
- Procore: Cloud-native construction project management platform increasingly expanding upstream into pre-construction and feasibility. Comparable as a modern, collaborative platform addressing developer and contractor workflows that overlap with EstateMaster's project and cash flow management scope.
Direct peers
- ARGUS Taliance: Altus Group software for real estate fund and joint venture modeling. Comparable as a sibling product addressing capital structure, waterfall, and JV modeling — workflows that complement and partially overlap EstateMaster's project funding modeling features.
- ARGUS Developer: Sibling Altus Group product purpose-built for commercial real estate development feasibility and valuation. Directly comparable in target customer (developers) and core use case (residual land value and cash flow modeling), distinguished mainly by a more rigid UI versus EstateMaster's Excel-based flexibility.
- ARGUS Enterprise: Sibling Altus Group product focused on commercial real estate valuation, asset management, and investment analysis. Closely comparable as it serves overlapping CRE customers with cash flow and valuation modeling, often competing or co-selling alongside EstateMaster.
- Forbury: Altus Group property valuation and investment analytics software for commercial real estate. Comparable as a sibling Altus product serving valuation and investment analysis workflows, with overlap in the customer base of appraisers, investors, and developers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
EstateMaster social profiles
Digital presenceEstateMaster compliance and trust
Trust signalCompliance2 records
EstateMaster financial estimates
Financial estimateRevenue estimate
Valuation estimate
EstateMaster leadership team
Management profileNumber of profiles
EstateMaster funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EstateMaster M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EstateMaster
What does EstateMaster do?
EstateMaster (marketed as ARGUS EstateMaster) develops and sells property development feasibility, budgeting, and cash flow forecasting software for property developers, appraisers, consultants, and financiers. The product portfolio comprises three integrated modules—Development Feasibility, Development Management, and Corporate Consolidation—available individually or bundled as the Property Development Suite, with a spreadsheet-based user interface integrated with Microsoft Excel.
Is EstateMaster a public or private company?
EstateMaster is a public company. It is classified as public and is currently operating.
When was EstateMaster founded?
EstateMaster was founded in 1995. It employs 11 to 50 people.
Where is EstateMaster based?
EstateMaster is headquartered in Sydney, Australia, in the Oceania region.
How does EstateMaster make money?
One revenue line is on record: software Subscription.
Who are EstateMaster's main competitors?
Broad incumbents on record are Yardi Systems, RealPage, MRI Software and Sage 300 Construction and Real Estate. Emerging players are Reonomy and Procore. Direct peers are ARGUS Taliance, ARGUS Developer, ARGUS Enterprise and Forbury.
Does EstateMaster have an API?
No public API is recorded for EstateMaster.
What industry is EstateMaster in?
EstateMaster's product category is Real Estate Development Software. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 5132 and its SIC code is 6500.