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Discover LudwigThe phrase "low estimate" is correct and usable in written English.
You can use this phrase to refer to an estimation or guess that is on the lower end of what is expected. For example, "I'm making a low estimate that the project will be completed by the end of next week."
Exact(50)
million, above its $2.5 million low estimate.
(The casualty figure is a low estimate).
The low estimate still has its defenders.
Personally, I think that's a low estimate.
Two Basquiats brought prices near their low estimate.
He said that figure was his low estimate.
He paid $5.4 million, under its $6 million low estimate.
Also strange was the low estimate, just under $300,000.
Its hammer price was £8m, just on its low estimate.
The sale raised $113.6m, half the low estimate.
What's your high and low estimate with 90% confidence?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com