How Much Does it Cost to Build an Assisted Senior Living Facility?
The following analysis estimates the cost to build assisted - senior living using US National Average costs from 2019 RSMeans cost data. If you would like to localize costs to your specific zip code, RSMeans Data Online allows you to easily localize the cost of your entire estimate to zip codes across the United States and Canada. Costs are derived from a building model that assumes basic components, using union and open shop labor for a 100,000 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs in a specific city or metropolitan area, go to our index of assisted - senior living models by state.
NOTE: This cost estimate uses 2019 RSMeans data. A more accurate estimate using current RSMeans cost data is available in RSMeans Data Online.
Try Free For 30 Days
Assisted - Senior Living Construction Cost Assumption |
| Location: |
US National Average
|
| Story Count: |
1
|
| Story Height (L.F.): |
10
|
| Floor Area (S.F.): |
100,000
|
| Basement Included: |
No
|
| Data Release: |
Year 2019
|
|
Assisted - Senior Living with Brick Veneer & Concrete Block / Bearing Walls
| Cost Estimate (Standard Union Labor) |
% of Total |
Cost Per SF |
Cost |
| SubTotal |
100% |
$160.12 |
$1,601,167.69 |
| Contractor Fees (General Conditions,Overhead,Profit) |
25% |
$40.03 |
$400,291.92 |
| Architectural Fees |
11% |
$22.02 |
$220,160.56 |
| Total Building Cost |
$222.16 |
$2,221,620.17 |
| Cost Estimate (Open Shop) |
% of Total |
Cost Per SF |
Cost |
| SubTotal |
100% |
$144.68 |
$1,446,828.18 |
| Contractor Fees (General Conditions,Overhead,Profit) |
25% |
$36.17 |
$361,707.05 |
| Architectural Fees |
11% |
$19.89 |
$198,938.88 |
| Total Building Cost |
$200.75 |
$2,007,474.11 |
Other Square Foot Model Building Type Options:
Assisted - Senior Living with Brick Veneer & Concrete Block / Wood Truss
Assisted - Senior Living with Brick Veneer & Rigid Steel
Assisted - Senior Living with Brick Veneer / Wood Frame
Assisted - Senior Living with Vinyl Clapboard / Wood Frame
Assisted - Senior Living with Wood Clapboard / Wood Frame
