Construction Cost Estimates for Apartment, 4-7 Story in National, US
The following analysis estimates the cost to build an apartment, 4-7 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 60000 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, 4-7 story in a specific city or metropolitan area, go to our index of apartment, 4-7 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, 4-7 Story Construction Cost Assumptions |
Location: |
US National Average
|
Stories: |
6
|
Story Height (L.F.): |
10.33
|
Floor Area (S.F.): |
60000
|
Basement Included: |
No
|
Data Release: |
Year 2013
|
|
Apartment, 4-7 Story Square Foot Cost Assuming Decorative Concrete Block / R/Conc. Frame
Cost Estimate (Union Labor) |
% of Total |
Cost Per SF |
Cost |
Total |
|
$125.97 |
$7,558,000 |
Contractor Fees (GC,Overhead,Profit) |
25% |
$31.49 |
$1,889,500 |
Architectural Fees |
7% |
$11.02 |
$661,300 |
Total Building Cost |
$168.48 |
$10,108,800 |
|
Cost Estimate (Open Shop) |
% of Total |
Cost Per SF |
Cost |
Total |
|
$115.16 |
$6,909,500 |
Contractor Fees (GC,Overhead,Profit) |
25% |
$28.79 |
$1,727,400 |
Architectural Fees |
7% |
$10.08 |
$604,600 |
Total Building Cost |
$154.02 |
$9,241,500 |
|
OTHER OPTIONS:
Apartment, 4-7 Story Square Foot Cost Assuming Decorative Concrete Block / Steel Frame
Apartment, 4-7 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame
Apartment, 4-7 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame
Apartment, 4-7 Story Square Foot Cost Assuming Precast Concrete Panels / R/Conc. Frame
Apartment, 4-7 Story Square Foot Cost Assuming Precast Concrete Panels / Steel Frame