North carolina Construction Cost Estimating
North Carolina
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Construction Cost Estimates in North Carolina

Construction estimates depends on the type of construction, whether it is a residential project or a commercial one, or if it is an extension, renovation, or remodelling work. New construction or major reconstruction work includes all major phases of construction like earthwork, site preparation, drainage, structures, paving, etc.

 

Construction costs can vary significantly due to scope differences and market conditions. For instance, construction cost estimates for hotel, 4-7 Story in Philadelphia, Pennsylvania is determined by various factors such as location, size etc. The below mentioned analysis of costs are derived from a building model that assumes basic components, using union labor for a 135000 square foot building:

  • Strategic planning
  • Watershed planning
  • Quality assurance and quality control
  • Research and development
  • Adaptive management
  • Contract management
  • Budgeting, accounting, and management of funds
  • Reporting to legislature, regulators, and the general public
  • Cooperation on interdepartmental projects and agreements
  • Database management.

 

 

Administration of a project requires site identification, which is part of watershed planning, quality assurance, contract management, and accounting of funds. In this report, expenses for project administration are defined as 6% of the mitigation fee in effect when a project began multiplied by the proposed length of the stream restoration or enhancement. A projectís restoration plan was the usual source of information about the proposed length. Expenses for project administration were $1.84 million for all 45 projects and 4.0 percent of total expenses.

 

Construction costs can vary significantly due to scope differences and market conditions. For instance, construction cost estimates for 1-3 story apartment in North Carolina is determined by various factors such as location, size etc. The below mentioned analysis of costs are derived from a building model that assumes basic components, using union labor for a 22500 square foot building:

 

Construction Cost Estimates in North Carolina

 

Apartment, 1-3 Story Construction Cost Assumptions

 

Location Philadelphia, Pennsylvania
Stories 3
Story Height (L.F.) 10.00
Floor Area (S.F.) 22500
Basement Included No
Data Release Year 2013

 

The cost assumption for a construction depends on the materials utilized, like the estimate for a 1-3 story apartment, square foot of face brick with concrete block back-up/ steel joists will vary from the one of face brick with concrete block back-up/ wood joists or the estimation for a building with stucco on concrete block/ steel joists will differ from stucco on concrete block/ wood joists or wood siding/ wood frame. For instance the following table presents the estimation for an apartment with brick veneer/wood frame:

 


Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total $90.82 $2,043,500
Contractor Fees (GC, Overhead, Profit) 25% $22.71 $510,900
Architectural Fees 8% $9.08 $204,400
Total Building Cost $122.61 $2,758,700

 


Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $83.38 $1,876,100
Contractor Fees (GC, Overhead, Profit) 25% $20.85 $469,000
Architectural Fees 8% $8.34 $187,600
Total Building Cost $112.57 $2,532,800

 

Here is another example for Construction Cost Estimates for Apartment, 1-3 Story in Charlotte, North Carolina. The following analysis estimates the costs to build the apartment are derived from a building model that assumes basic components, using union labor for a 22500 square foot building.

Apartment, 1-3 Story Construction Cost Assumptions

 

Location Charlotte, North Carolina
Stories 3
Story Height (L.F.) 10.00
Floor Area (S.F.) 22500
Basement Included No
Data Release Year 2013

 

The cost assumption for a construction depends on the materials utilized, like the estimate for a 1-3 story apartment, square foot of face brick with concrete block back-up/ steel joists will vary from the one of face brick with concrete block back-up/ wood joists or the estimation for a building with stucco on concrete block/ steel joists will differ from stucco on concrete block/ wood joists or wood siding/ wood frame. For instance the following table presents the estimation for an apartment with brick veneer/wood frame:

 


Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total $91.28 $2,053,800
Contractor Fees (GC, Overhead, Profit) 25% $22.82 $513,400
Architectural Fees 8% $9.13 $205,400
Total Building Cost $123.23 $2,772,600

 


Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $83.80 $1,885,600
Contractor Fees (GC, Overhead, Profit) 25% $20.95 $471,400
Architectural Fees 8% $8.38 $188,600
Total Building Cost $113.13 $2,545,500

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