Construction Cost Estimates for Apartment, 1-3 Story in National, US
The following analysis estimates the cost to build an apartment, 1-3 story using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for
a 22500 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build an apartment, 1-3 story in a specific city or metropolitan area, go to our index of apartment, 1-3 story models by state.
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on Construction Estimating Software
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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
|
|
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 |
|
OTHER OPTIONS:
Apartment, 1-3 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Joists
Apartment, 1-3 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Wood Joists
Apartment, 1-3 Story Square Foot Cost Assuming Stucco on Concrete Block / Steel Joists
Apartment, 1-3 Story Square Foot Cost Assuming Stucco on Concrete Block / Wood Joists
Apartment, 1-3 Story Square Foot Cost Assuming Wood Siding / Wood Frame