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Square Foot Cost Models for Construction Estimating > Bank

Construction Cost Estimates for Bank in National, US

The following analysis estimates the cost to build a bank 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 4100 square foot building.

Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a bank in a specific city or metropolitan area, go to our index of bank 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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Bank Construction Cost Assumptions
Location:  US National Average
Stories:  1
Story Height (L.F.):  14.00
Floor Area (S.F.):  4100
Basement Included:  No
Data Release:  Year 2013

Bank 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   $178.29 $731,000
Contractor Fees (GC,Overhead,Profit) 25% $44.57 $182,800
Architectural Fees 11% $24.52 $100,500
Total Building Cost $247.38 $1,014,300
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total   $163.29 $669,500
Contractor Fees (GC,Overhead,Profit) 25% $40.82 $167,400
Architectural Fees 11% $22.45 $92,100
Total Building Cost $226.57 $928,900

OTHER OPTIONS:

Bank Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame

Bank Square Foot Cost Assuming Limestone with Concrete Block Back-up / R/Conc. Frame

Bank Square Foot Cost Assuming Limestone with Concrete Block Back-up / Steel Frame

Bank Square Foot Cost Assuming Precast Concrete Panel / R/Conc. Frame

Bank Square Foot Cost Assuming Precast Concrete Panel / Steel Frame



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