Compare Buildium and Property Matrix - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Buildium or Property Matrix?

Buildium is more expensive to implement (TCO) than Property Matrix, and Buildium is rated higher (100/100) than Property Matrix (80/100). Buildium offers users more features (20) than Property Matrix (5).

Looking for the right Property Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Buildium Vs. Property Matrix

Buildium: Back in the late '90s, three guys were working for a technology consulting company in Cambridge, Massachusetts. The trio soon learned they shared an interest in real estate. With dreams of becoming real estate moguls, they formed MIDICH Properties (MIchael, DImitris, CHris) and bought their first rental property together in Providence, Rhode Island...

Property Matrix: From top to bottom, Property Matrix is made of innovators who are devoted to continued development. We pride ourselves on working with only the best, so that you receive nothing less than the best. We are a team dedicated to making life easier for our customers, and we are always working on new features and solutions based on your feedback. We b...

Who is more expensive? Buildium or Property Matrix?

The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Buildium and Property Matrix.

Buildium price starts at $50 per month , On a scale between 1 to 10 Buildium Property Manager is rated 2, which is much lower than the average cost of Property Management software. Property Matrix price starts at $450 per month , When comparing Property Matrix to its competitors, the software is rated 2 - much lower than the average Property Management software cost.

Bottom line: Buildium cost is around the same cost of Property Matrix.

Which software includes more/better features?

We've compared Buildium Vs. Property Matrix based on some of the most important and required Property Management features.

Buildium: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Excel Export, File Storage, Maintenance Overview, Message Boards.

Property Matrix: Billing & Invoicing, Property Management, Expense Management, CMMS, Contact Management.

Target customer size

Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource. The software is a viable product for businesses of all sizes.