Construction Cost Estimates for Different Construction Projects

To generate precise construction cost estimates various factors like location, project scope, specific components used and the current market conditions must be taken into consideration. The cost estimates are also determined on the basis of story height (L.F.) and floor area (S.F.). A detailed analysis of some of the popular building types with the location being US will present a quick cost estimate. We here offer a comprehensive cost estimation using US National Average costs from 2013 RSMeans cost data. The Cost estimates are divided under Cost Estimate (Union Labor) and Cost Estimate (Open Shop):

 

Construction Cost Estimates for Apartment (1-3 Story) in National, US

 

According to this analysis, to estimate the cost for building a 1-3 story apartment, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 22500 square foot building.

 

Apartment (1-3 Story) Construction Cost Assumptions
Location US National Average
Stories 3
Story Height (L.F.) 10.00
Floor Area (S.F.) 22500
Basement Included No
Data Release Year 2013
Construction Cost Estimates for Different Construction Projects

 

Apartment (1-3 Story), Square Foot Cost Assuming Brick Veneer / Wood Frame

 

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total   $113.96 $2,564,000
Contractor Fees (GC, Overhead, Profit) 25% $28.49 $641,000
Architectural Fees 8% $11.40 $256,400
Total Building Cost   $153.84 $3,461,400

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $104.62 $2,354,000
Contractor Fees (GC, Overhead, Profit) 25% $26.16 $588,500
Architectural Fees 8% $10.46 $235,400
Total Building Cost   $141.24 $3,177,900

 

 

Construction Cost Estimates for Bus Terminal in National, US

 

According to this analysis, to estimate the cost for building a bus terminal, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 12000 square foot building.

 

Bus Terminal Construction Cost Assumptions
Location US National Average
Stories 1
Story Height (L.F.) 14.00
Floor Area (S.F.) 12000
Basement Included No
Data Release Year 2013

 

Bus Terminal Square Foot Cost Assuming Decorative Concrete Block / Bearing Walls

 

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total   $116.88 $1,402,500
Contractor Fees (GC, Overhead, Profit) 25% $29.22 $350,600
Architectural Fees 7% $10.23 $122,700
Total Building Cost   $156.32 $1,875,800

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $107.75 $1,293,000
Contractor Fees (GC, Overhead, Profit) 25% $26.94 $323,300
Architectural Fees 7% $9.43 $113,100
Total Building Cost   $144.12 $1,729,400

 

Construction Cost Estimates for Hospital (2-3 Story) in National, US

 

According to this analysis, to estimate the cost for building a 2-3 story hospital, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 55000 square foot building. It is significant to note that an estimate of the costs to build a hospital varies in specific city or metropolitan area.

 

Hospital (2-3 Story) Construction Cost Assumptions
Location US National Average
Stories 3
Story Height (L.F.) 12.00
Floor Area (S.F.) 55000
Basement Included No
Data Release Year 2013

 

Hospital (2-3 Story) Square Foot Cost Assuming Face Brick with Concrete Block Back-Up / R/Conc. Frame

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $234.09 $12,875,000
Contractor Fees (GC, Overhead, Profit) 25% $58.52 $3,218,800
Architectural Fees 9% $26.34 $1,448,400
Total Building Cost   $318.95 $17,542,200

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $217.51 $11,963,000
Contractor Fees (GC, Overhead, Profit) 25% $54.38 $2,990,800
Architectural Fees 9% $24.47 $1,345,800
Total Building Cost   $296.36 $16,299,600

 

Construction Cost Estimates for Library in National, US

 

According to this analysis, to estimate the cost for building a library, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 22000 square foot building.

 

Library Construction Cost Assumptions
Location US National Average
Stories 2
Story Height (L.F.) 14.00
Floor Area (S.F.) 22000
Basement Included No
Data Release Year 2013

 

Library Square Foot Cost Assuming Face Brick With Concrete Block Back-Up / R/Conc. Frame

 

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total   $118.80 $2,613,500
Contractor Fees (GC, Overhead, Profit) 25% $29.70 $653,400
Architectural Fees 8% $11.88 $261,400
Total Building Cost   $160.37 $3,528,200

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $107.93 $2,374,500
Contractor Fees (GC, Overhead, Profit) 25% $26.98 $593,600
Architectural Fees 8% $10.79 $237,500
Total Building Cost   $145.71 $3,205,600

 

Construction Cost Estimates for Office (1 Story) in National, US

 

According to this analysis, to estimate the cost for building 1 story office, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 7000 square foot building.

 

Office (1 Story) Construction Cost Assumptions
Location US National Average
Stories 1
Story Height (L.F.) 12.00
Floor Area (S.F.) 7000
Basement Included No
Data Release Year 2013

 

Office (1 Story) Square Foot Cost Assuming Brick on Block / Steel Roof Deck

 

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total   $138.57 $970,000
Contractor Fees (GC, Overhead, Profit) 25% $34.64 $242,500
Architectural Fees 7% $12.13 $84,900
Total Building Cost   $185.34 $1,297,400

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $128.36 $898,500
Contractor Fees (GC, Overhead, Profit) 25% $32.09 $224,600
Architectural Fees 7% $11.23 $78,600
Total Building Cost   $171.68 $1,201,700

 

Construction Cost Estimates for Restaurant in National, US

 

According to this analysis, to estimate the cost for building a restaurant, relevant costs are obtained from a building model that assumes basic components, employing union labor for a 5000 square foot building.

 

Restaurant Construction Cost Assumptions
Location US National Average
Stories 1
Story Height (L.F.) 12.00
Floor Area (S.F.) 5000
Basement Included No
Data Release Year 2013

 

Restaurant Square Foot Cost Assuming Brick Veneer / Wood Frame

 

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total   $222.85 $1,114,300
Contractor Fees (GC, Overhead, Profit) 25% $55.71 $278,600
Architectural Fees 7% $19.50 $97,500
Total Building Cost   $298.06 $1,490,300

 

Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $206.50 $1,032,500
Contractor Fees (GC, Overhead, Profit) 25% $51.62 $258,100
Architectural Fees 7% $18.07 $90,300
Total Building Cost   $276.19 $1,381,000
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